FPI (frxUSD borrow)
FPIsource: StableLens reference & flow dataReport incorrect data
Frequently asked
Is FPI (frxUSD borrow) FDIC or SIPC insured?
No. FPI (frxUSD borrow) is a crypto earn product, not a bank deposit — the FPI is held and deployed by fraxlend, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~0% yield come from?
FPI (frxUSD borrow) deploys the deposited FPI to generate the rate; it is variable, not fixed.
Is FPI safe?
See the FPI report for its compliance score, reserves, and peg history.
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- ✓Full yield & structure breakdown
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- ✓Subscription / redemption flows
- ✓Direct source & announcement links
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