Ask about Fei Protocol
Logo of Fei ProtocolFei Protocol(TRIBE)
Total Value Locked$7.57

TVL by Chain

Ethereum$7.57

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Market Cap$14.48m

$TRIBE Price$0.39

All Time High$2.45

All Time Low$0.14

View $TRIBE token page

$388.11m

$225.08m

$TRIBE Volume 24h$14,486.23

CEX Volume$0

DEX Volume$14,451.7(99.76% of total)

Treasury$205.31m

$0

Stablecoins$0

Own Tokens$205.31m

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.

GitHubTwitter
Category:Algo-Stables

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

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 ($37.65m)Mento V2 ($12.28m)SPOT Cash ($214,949.35)Basis Cash ($205,682.14)Frax FPI ($94,352.58)XUSD Money ($29,307.49)Generic.Money ($18,543.25)Spice Trade ($7,890.51)TiTi Protocol ($7,205.07)OpenDAO ($592.95)

Frequently Asked Questions

What is Fei Protocol's TVL?

Fei Protocol currently has $7.57 in total value locked. TVL has increased 51.4% 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 $0.39. Its circulating market capitalization is $14.46m, ranking it #1,248. Its fully diluted valuation is $387.6m. Supply currently stands at 37.32m circulating, 1b total supply, 1b maximum supply.

How has TRIBE performed recently?

TRIBE is up 0.8% over the past 7 days and up 26.7% over the past 30 days. Its all-time high is $2.45, reached on Apr 3, 2021. The token is currently 84.2% below that level.

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

Among Algo-Stables protocols tracked by DefiLlama, Fei Protocol ranks #39 by TVL. The category holds $51.76m across 102 protocols, and Fei Protocol accounts for <0.1% of that total. Other leading protocols include Frax, Mento V2, SPOT Cash, Basis 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 $205.31m. Its holdings include $205.31m in its own tokens.