Convert Frax Price Index Share FPIS to Optimism OP
FPIS to OP: 1 Frax Price Index Share converts to 0.7205 OP
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About FPIS and OP
Frax Price Index Share is climbing, while Optimism is falling this week. The current FPIS to OP conversion rate is 0.7205. Inversely, this means that if you convert 1 OP you will get 1.39 FPIS. The conversion rate of FPIS/OP has increased by 1.85% in the last hour (OP/FPIS decreased by 1.82%). In the last 24 hours, FPIS/OP grew by 8.47%, while OP/FPIS shrunk by 7.81%.
The exchange rate of Frax Price Index Share is increasing. The current value of 1 FPIS is 0.7205 OP. In other words, to buy 5 Frax Price Index Share, it would cost you 3.6023 OP. Inversely, 1 OP would allow you to trade for 1.39 FPIS while 50 OP would convert to 69.40 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.25%. Meanwhile, in the last 24 hours, the rate has changed by 8.52%, which means that the highest exchange rate of 1 FPIS to OP was 0.7219 OP and the lowest 24 hour value was 1 FPIS for 0.6563 OP. Last month, 1 FPIS was worth 0.9517 OP. Today, it's down 24.3%. Looking back a year, Frax Price Index Share has changed by 0.9512 OP. That means that in a single year, the value of Frax Price Index Share has shrank by 24.26%.
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.
Optimism Market Stats
Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more
Conversion tables
FPIS to OP values from Today at 1:37 pm
0.5 FPIS = 0.3602 OP |
1 FPIS = 0.7205 OP |
5 FPIS = 3.60 OP |
10 FPIS = 7.20 OP |
50 FPIS = 36.02 OP |
100 FPIS = 72.05 OP |
500 FPIS = 360.23 OP |
1,000 FPIS = 720.46 OP |
OP to FPIS values from Today at 1:37 pm
0.5 OP = 0.694 FPIS |
1 OP = 1.39 FPIS |
5 OP = 6.94 FPIS |
10 OP = 13.88 FPIS |
50 OP = 69.40 FPIS |
100 OP = 138.80 FPIS |
500 OP = 694.01 FPIS |
1,000 OP = 1,388.01 FPIS |
FPIS to OP over time
FPIS | Today | 24H 7.85% | 1M -32.10% | 1Y -32.03% |
|---|---|---|---|---|
0.5 FPIS | 0.3602 OP | 0.3319 OP | 0.4759 OP | 0.4756 OP |
1 FPIS | 0.7205 OP | 0.6639 OP | 0.9517 OP | 0.9512 OP |
5 FPIS | 3.60 OP | 3.32 OP | 4.76 OP | 4.76 OP |
10 FPIS | 7.20 OP | 6.64 OP | 9.52 OP | 9.51 OP |
50 FPIS | 36.02 OP | 33.19 OP | 47.59 OP | 47.56 OP |
100 FPIS | 72.05 OP | 66.39 OP | 95.17 OP | 95.12 OP |
500 FPIS | 360.23 OP | 331.95 OP | 475.87 OP | 475.60 OP |
1,000 FPIS | 720.46 OP | 663.90 OP | 951.74 OP | 951.20 OP |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.