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FEI

Fei USD price
FEI
#1192

$0.9763  

0.18% (1d)

Fei USD to USD Chart

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Fei USD statistics
Market cap
$6.67M

0.18%

Volume (24h)
$130.62K

5.88%

FDV
$6.92M
Vol/Mkt Cap (24h)
1.96%
TVL
$7.89
Market cap/TVL
845809.82
Total supply
7.09M FEI
Max. supply
--
Circulating supply
6.83M FEI
Website
Socials
Contracts
0x956F...7f87CA
Explorers
Wallets
UCID
8642
FEI to USD converter
FEI
USD
Price performance
24h 
Low
$0.9705
High
$0.9791
All-time high
Nov 16, 2021 (3 years ago)
$2.46
-60.38%
All-time low
Apr 03, 2021 (4 years ago)
 
No Data
See historical data
Tags
DeFiStablecoinAlgorithmic Stablecoin
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Fei USD News

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CMC Daily Analysis

About Fei USD

What Is Fei Protocol (FEI)?

Fei protocol is a DeFi native algorithmic stablecoin. The aim of Fei is to propose a technological solution in a sweet spot between rigid overcollateralized decentralized stablecoin and centralised custodial stablecoins.

Fei Protocol runs on two crypto assets: FEI stablecoin and TRIBE governance token.

FEI is aimed to be a more capital efficient and fully decentralized stablecoin. The protocol uses the value it controls to maintain liquid secondary markets and earn yield for the protocol.

The project was founded in December 2020 and immediately attracted significant interest in the crypto community. It resulted in $19 million VC investment in early March 2021. Among the names that have entered this project are Andreessen Horowitz (a16z), Coinbase Ventures, Nascent and Framework Ventures.

There were some issues with the peg in the original mechanism, but through a series of governance upgrades the protocol recovered in the months following launch.

Fei v2 intends to be a major upgrade for the system and will launch in late 2021. It features 1:1 redeemability for FEI against protocol reserves, TRIBE buybacks and backstop, and algorithmic protocol controlled value management.

Who Are the Founders of Fei Protocol?

How Many Fei Protocol (FEI) Coins Are There in Circulation?

Where Can You Buy Fei Protocol (FEI)?

 
 
 
 
 
 

ICO

 
 
 
 
 
 

Fei USD analytics

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Fei USD Price Live Data

The live Fei USD price today is $0.976284 USD with a 24-hour trading volume of $130,623 USD. We update our FEI to USD price in real-time. Fei USD is up 0.18% in the last 24 hours. The current CoinMarketCap ranking is #1192, with a live market cap of $6,671,088 USD. It has a circulating supply of 6,833,146 FEI coins and the max. supply is not available.

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