Fei USDFei USD price 


1.48% (1d)

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Market cap


Volume (24h)


Volume/Market cap (24h)
Total value locked (TVL)
Market cap / TVL
Circulating supply
34,903,925 FEI
Total supply
13,245,140 FEI
Max. supply
Fully diluted market cap
FEI to USD Converter
Price performance
All-time high
Nov 16, 2021 (2 years ago)
All-time low
Apr 03, 2021 (3 years ago)
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In watchlists10,973x
1957th / 8.9K
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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)?


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