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Cryptocurrencies: 22098
Exchanges: 630
Market Cap: $$2.98T
24h Vol: $175.84B
Dominance: BTC: 59.8% ETH: 12.5%
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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.