Fei Protocol(TRIBE)

Total Value Locked$7.87

TVL by Chain

Ethereum$7.87

Key Metrics

Incentives 1y$0

Market Cap$15.25m

$TRIBE Price$0.41

All Time High$2.45

All Time Low$0.14

View $TRIBE token page

$411.1m

$238.45m

$TRIBE Volume 24h$22,897

CEX Volume$0

DEX Volume$24,387(106.51% of total)

Treasury$217.49m

Stablecoins$0.0019

Own Tokens$217.49m

Others$0

Total Raised$19m

Mar 8, 2021$19mRound: Series AInvestors: a16z, Framework Ventures, Coinbase Ventures, Naval Ravikant, ParaFi Capital, Variant Fund

Protocol Information

FEI uses a new kind of stablecoin mechanism called direct incentives. It is more capital efficient, has a fair distribution, and is fully decentralized. The protocol uses the value it controls to maintain liquid secondary markets.

GitHub X/Twitter

Category:Algo-Stables

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Treasury: Value of tokens owned by the protocol

Competitors

Frax ($40.57m)Mento V2 ($13.35m)Basis Cash ($205,706)SPOT Cash ($193,081)Frax FPI ($94,453)XUSD Money ($30,161)Generic.Money ($14,466)Spice Trade ($8,314)TiTi Protocol ($7,206)OpenDAO ($595.42)

Frequently Asked Questions

What is Fei Protocol's TVL?

Fei Protocol currently has $7.87 in total value locked. TVL has increased 12.4% over the past 30 days.

What chains does Fei Protocol operate on?

Fei Protocol operates on Ethereum. Ethereum holds the largest share at 100%.

What is the TRIBE token price and valuation?

TRIBE is currently trading at $0.41. Its circulating market capitalization is $15.24m, ranking it #1,277. Its fully diluted valuation is $410.94m. Supply currently stands at 37.09m circulating, 1b total supply, 1b maximum supply.

How has TRIBE performed recently?

TRIBE is up 0.2% over the past 7 days and up 9.9% over the past 30 days. Its all-time high is $2.45, reached on Apr 3, 2021. The token is currently 83.2% below that level.

How does Fei Protocol's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Fei Protocol ranks #40 by TVL. The category holds $55.87m across 98 protocols, and Fei Protocol accounts for <0.1% of that total. Other leading protocols include Frax, Mento V2, Basis Cash, SPOT Cash, Frax FPI, XUSD Money, Generic.Money, Spice Trade, TiTi Protocol, and OpenDAO.

Does Fei Protocol have a treasury?

Fei Protocol has a tracked treasury currently valued at $217.49m. Its holdings include $0.0019 in stablecoins, $217.49m in its own tokens.