Ask about Fei Protocol
Logo of Fei ProtocolFei Protocol(TRIBE)
Total Value Locked$5.46

TVL by Chain

Ethereum$5.46

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Market Cap$11.64m

$TRIBE Price$0.31

All Time High$2.45

All Time Low$0.14

View $TRIBE token page

$310.21m

$179.93m

$TRIBE Volume 24h$2,412.5

CEX Volume$0

DEX Volume$2,821.42(116.95% of total)

$TRIBE Liquidity$70,506

Uniswap V3$70,506

Treasury$163.69m

$0

Stablecoins$0

Own Tokens$163.69m

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 ($42.18m)Mento V2 ($10.81m)Basis Cash ($245,644.16)SPOT Cash ($195,458.79)Frax FPI ($94,399.57)Oin Finance ($35,699.35)XUSD Money ($25,463.71)Generic.Money ($19,097)Spice Trade ($7,442.16)TiTi Protocol ($7,247.58)

Frequently Asked Questions

What is Fei Protocol?

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.

What is Fei Protocol's TVL?

Fei Protocol currently has $5.46 in total value locked. TVL has increased 9.2% 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 $0.31. Its circulating market capitalization is $11.64m, ranking it #1,320. Its fully diluted valuation is $310.21m. Supply currently stands at 37.52m circulating, 1b total supply, 1b maximum supply.

How has TRIBE performed recently?

TRIBE is down 2.1% over the past 7 days and up 6.5% over the past 30 days. Its all-time high is $2.45, reached on Apr 3, 2021. The token is currently 87.3% 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 $54.85m across 102 protocols, and Fei Protocol accounts for <0.1% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.

Does Fei Protocol have a treasury?

Fei Protocol has a tracked treasury currently valued at $163.69m. Its holdings include $163.69m in its own tokens.