---
title: "Frax Price Index Share (FPIS) price, heat score and market data"
symbol: "FPIS"
name: "Frax Price Index Share"
coingecko_id: "frax-price-index-share"
canonical: https://crypheat.com/c/frax-price-index-share.html
robots: index, follow
heat_score: "12"
heat_band: "COLD"
market_cap_rank: "2115"
price_as_of: "2026-08-14"
last_updated: "2026-08-14"
source: "CoinGecko / DefiLlama / alternative.me"
tier: free
disclaimer: "Information only; not investment advice or a recommendation to trade"
---

# Frax Price Index Share (FPIS)

Frax Price Index Share (FPIS) trades at $0.078815, down 6.5% over the past 30 days. Its market cap — supply times price — is $2.3M, the 2115-largest in crypto. Over a year it is -88% (down), and it sits -99% from its all-time high. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 12 (COLD). A higher number means more of the conditions for a rally are in place — it is not a price forecast.

Last updated 2026-08-14 · Price $0.078815 (as of 2026-08-14)

Heat score: **12** (COLD) — a deterministic 0–100 read on how many of the conditions for a move are in place. Not a price forecast.

## Market data (as of 2026-08-14)

| Metric | Value |
| --- | --- |
| Price | $0.078815 |
| Market cap | $2.3M (rank #2115) |
| 24h volume | $602 |
| Circulating supply | 28,929,422 FPIS (about 29% of total supply) |
| Total supply | 100,000,000 FPIS |
| Change from all-time high | -99.4% |

## What is Frax Price Index Share

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.

## Frequently asked questions

### What is Frax Price Index Share (FPIS)?

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. Read more →

### What is the current price of Frax Price Index Share (FPIS)?

$0.078815 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.

### What is the market cap of Frax Price Index Share (FPIS)?

About $2.3M as of 2026-08-14, which ranks #2115 across all crypto assets.

### What is Frax Price Index Share's heat score, and what does it mean?

The heat score is 12 (COLD) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.

### What is the supply of Frax Price Index Share (FPIS)?

As of 2026-08-14, 28,929,422 FPIS is in circulation out of a total supply of 100,000,000 FPIS — about 29%. The remainder may reach the market through future unlocks.

### What is the all-time high for Frax Price Index Share (FPIS)?

The all-time high on record as of 2026-08-14 is $14.2.The price is $0.078815 today, -99.4% from that high.

### How much Frax Price Index Share (FPIS) can I buy with $100?

At the 2026-08-14 price ($0.078815), $100 buys roughly 1,268.79 FPIS before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.

### Will Frax Price Index Share (FPIS) go up? What are its prospects?

We do not forecast prices or give investment advice. What this page does is track Frax Price Index Share every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.

### Where can I buy or trade Frax Price Index Share (FPIS)?

It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.

---

Sources: CoinGecko (data provided by CoinGecko), DefiLlama and alternative.me. Figures are as of 2026-08-14 and change daily. Information only; not investment advice or a recommendation to trade.
HTML version: https://crypheat.com/c/frax-price-index-share.html