Logo of Fei ProtocolFei Protocol(TRIBE)
Total Value Locked$7.25

TVL by Chain

Ethereum$7.25

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Market Cap$13.92m

$TRIBE Price$0.37

All Time High$2.45

All Time Low$0.14

View $TRIBE token page

$372.54m

$216.08m

$TRIBE Volume 24h$6,865.08

CEX Volume$0

DEX Volume$4,136.23(60.25% of total)

$TRIBE Liquidity$70,506

Uniswap V3$70,506

Treasury$197.66m

$0

Stablecoins$0.0018

Own Tokens$197.66m

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 ($41.43m)Mento V2 ($12.1m)Basis Cash ($205,710.85)SPOT Cash ($186,839.56)Frax FPI ($94,274.71)XUSD Money ($28,413.69)Generic.Money ($18,630.41)Spice Trade ($7,285.45)TiTi Protocol ($7,203.74)OpenDAO ($596.23)

Frequently Asked Questions

What is Fei Protocol's TVL?

Fei Protocol currently has $7.25 in total value locked. TVL has increased 45% 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 $0.37. Its circulating market capitalization is $13.93m, ranking it #1,248. Its fully diluted valuation is $372.81m. Supply currently stands at 37.37m circulating, 1b total supply, 1b maximum supply.

How has TRIBE performed recently?

TRIBE is down 2.7% over the past 7 days and up 20.6% over the past 30 days. Its all-time high is $2.45, reached on Apr 3, 2021. The token is currently 84.8% 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 $55.42m across 102 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 $197.66m. Its holdings include $0.0018 in stablecoins, $197.66m in its own tokens.