Logo of Fei ProtocolFei Protocol(TRIBE)
Total Value Locked$7.26

TVL by Chain

Ethereum$7.26

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Market Cap$14.27m

$TRIBE Price$0.38

All Time High$2.45

All Time Low$0.14

View $TRIBE token page

$381.56m

$221.31m

$TRIBE Volume 24h$5,039.28

CEX Volume$0

DEX Volume$4,935.7(97.94% of total)

$TRIBE Liquidity$70,506

Uniswap V3$70,506

Treasury$201.85m

$0

Stablecoins$0.0018

Own Tokens$201.85m

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.

Category:Algo-Stables

Audits:

GitHubTwitter

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 ($46.35m)Mento V2 ($12m)SPOT Cash ($234,865.03)Basis Cash ($205,743.16)Frax FPI ($94,381.83)XUSD Money ($28,804.07)Generic.Money ($19,132.37)Spice Trade ($7,859.86)TiTi Protocol ($7,248.57)OpenDAO ($620.82)

Frequently Asked Questions

What is Fei Protocol's TVL?

Fei Protocol currently has $7.26 in total value locked. TVL has increased 45.3% 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 $0.38. Its circulating market capitalization is $14.24m, ranking it #1,224. Its fully diluted valuation is $380.82m. Supply currently stands at 37.4m circulating, 1b total supply, 1b maximum supply.

How has TRIBE performed recently?

TRIBE is up 24% over the past 7 days and up 22.2% over the past 30 days. Its all-time high is $2.45, reached on Apr 3, 2021. The token is currently 84.5% below that level.

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

Among Algo-Stables protocols tracked by DefiLlama, Fei Protocol ranks #41 by TVL. The category holds $60.37m 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 $201.85m. Its holdings include $0.0018 in stablecoins, $201.85m in its own tokens.