Convert Frax Price Index Share FPIS to Raydium RAY
FPIS to RAY: 1 Frax Price Index Share converts to 0.1448 RAY
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About FPIS and RAY
Frax Price Index Share is climbing, while Raydium is falling this week. The current FPIS to RAY conversion rate is 0.1448. Inversely, this means that if you convert 1 RAY you will get 6.91 FPIS. The conversion rate of FPIS/RAY has increased by 0.79% in the last hour (RAY/FPIS decreased by 0.79%). In the last 24 hours, FPIS/RAY grew by 5.73%, while RAY/FPIS shrunk by the same amount.
The exchange rate of Frax Price Index Share is increasing. The current value of 1 FPIS is 0.1448 RAY. In other words, to buy 5 Frax Price Index Share, it would cost you 0.7239 RAY. Inversely, 1 RAY would allow you to trade for 6.91 FPIS while 50 RAY would convert to 345.33 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.78%. Meanwhile, in the last 24 hours, the rate has changed by 5.47%, which means that the highest exchange rate of 1 FPIS to RAY was 0.1488 RAY and the lowest 24 hour value was 1 FPIS for 0.1368 RAY. Last month, 1 FPIS was worth 0.1399 RAY. Today, it's up 3.34%. Looking back a year, Frax Price Index Share has changed by 0.2069 RAY. That means that in a single year, the value of Frax Price Index Share has shrank by 42.89%.
Frax Price Index Share Market Stats
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
Conversion tables
FPIS to RAY values from Today at 5:55 pm
0.5 FPIS = 0.07239 RAY |
1 FPIS = 0.1448 RAY |
5 FPIS = 0.7239 RAY |
10 FPIS = 1.45 RAY |
50 FPIS = 7.24 RAY |
100 FPIS = 14.48 RAY |
500 FPIS = 72.39 RAY |
1,000 FPIS = 144.79 RAY |
RAY to FPIS values from Today at 5:57 pm
0.5 RAY = 3.45 FPIS |
1 RAY = 6.91 FPIS |
5 RAY = 34.53 FPIS |
10 RAY = 69.07 FPIS |
50 RAY = 345.33 FPIS |
100 RAY = 690.66 FPIS |
500 RAY = 3,453.31 FPIS |
1,000 RAY = 6,906.62 FPIS |
FPIS to RAY over time
FPIS | Today | 24H 5.47% | 1M 3.34% | 1Y -42.89% |
|---|---|---|---|---|
0.5 FPIS | 0.07239 RAY | 0.06843 RAY | 0.06997 RAY | 0.1034 RAY |
1 FPIS | 0.1448 RAY | 0.1369 RAY | 0.1399 RAY | 0.2069 RAY |
5 FPIS | 0.7239 RAY | 0.6843 RAY | 0.6997 RAY | 1.03 RAY |
10 FPIS | 1.45 RAY | 1.37 RAY | 1.40 RAY | 2.07 RAY |
50 FPIS | 7.24 RAY | 6.84 RAY | 7.00 RAY | 10.34 RAY |
100 FPIS | 14.48 RAY | 13.69 RAY | 13.99 RAY | 20.69 RAY |
500 FPIS | 72.39 RAY | 68.43 RAY | 69.97 RAY | 103.45 RAY |
1,000 FPIS | 144.79 RAY | 136.86 RAY | 139.95 RAY | 206.89 RAY |
Frequently asked questions
Right now, 1 Frax Price Index Share is worth about $0.0899.
Based on the current rate, you could get 11.12 FPIS for 1 USD.
Frax Price Index Share price has been declining. Since yesterday, the exchange rate of Frax Price Index Share has decreased. Since last month, the exchange rate of Frax Price Index Share has decreased. Since this time last year, the price of Frax Price Index Share has decreased.
You can use our FPIS to USD calculator at the top of this page to convert any amount of FPIS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 55.62 FPIS. Inversely, 5 FPIS will cost about $0.4495
Frax Price Index Share can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax Price Index Share.
There are a number of crypto assets that have the a similar or comparable market cap to Frax Price Index Share, including Stronger, Frax Price Index, and Panda DAO. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Price Index Share.
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