Ask about Fei Protocol
Logo of Fei ProtocolFei Protocol(TRIBE)
Total Value Locked$7.58

TVL by Chain

Ethereum$7.58

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Market Cap$14.59m

$TRIBE Price$0.39

All Time High$2.45

All Time Low$0.14

View $TRIBE token page

$390.95m

$226.75m

$TRIBE Volume 24h$1,803.39

CEX Volume$0

DEX Volume$2,235.41(123.96% of total)

Treasury$206.2m

$0

Stablecoins$0

Own Tokens$206.2m

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.

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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 ($36.64m)Mento V2 ($12.29m)Basis Cash ($205,688.11)SPOT Cash ($177,943.78)Frax FPI ($94,453.25)XUSD Money ($29,196.49)Generic.Money ($18,546.72)Spice Trade ($7,880.21)TiTi Protocol ($7,205.17)OpenDAO ($591.55)

Frequently Asked Questions

What is Fei Protocol's TVL?

Fei Protocol currently has $7.58 in total value locked. TVL has increased 51.5% 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 $14.56m, ranking it #1,252. Its fully diluted valuation is $390.13m. Supply currently stands at 37.32m circulating, 1b total supply, 1b maximum supply.

How has TRIBE performed recently?

TRIBE is up 2.2% over the past 7 days and up 27.2% over the past 30 days. Its all-time high is $2.45, reached on Apr 3, 2021. The token is currently 84.1% 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 $50.75m 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 $206.2m. Its holdings include $206.2m in its own tokens.