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Cryptocurrencies: 23716
Exchanges: 115
Market Cap: $$3.83T
24h Vol: $159.50B
Dominance: BTC: 58.1% ETH: 14.5%
ETH Gas: 29 Gwei
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The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index FPI system, which also has the right to receive benefits from the protocol. The excess yield will be channeled from the treasury to FPIS holders, similar to Frax Finance's FXS structure.