Is Frax Price Index (FPI) a Scam? Rated D

Project Safety Score: 16%

Updated 3 hours, 51 minutes ago

Frax Price IndexFPI

24hr Volume$879

24hr Change-0.4%

Price$1.14

Coverage: 5 buckets · 60% resolved

Concerns raised - see Red Flags below

Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social

Liquidity
& Market

0 F ⚠

67% · medium

Team
Credibility

-

0% · low

Social
Behavioral

43 CC

33% · low

Contract
Mechanics

5 F ⚠

20% · medium

Holder
Distribution

-

0% · low

Community Rating

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FPI Frax Price Index Details

Project Website

app.frax.finance/

Socials

Tags

BNB Chain EcosystemArbitrum EcosystemEthereum EcosystemFraxtal EcosystemMade in USA

The Frax Price Index is a protocol within the Frax ecosystem. The system will adjust every month according to an on-chain Consumer Price Index oracle so that holders of the FPI will increase their dollar-denominated value each month according to the reported CPI increase

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

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