Fei USD (FEI)
Fei USD (FEI)
0.961198 -1.02 %
Rank # 2101 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 7,611,789.00
Total Supply 7,870,048.39
Max Supply 7,870,048.39
  • Ethereum ethereum-0x956f47f50a910163d8bf957cf5846d573e7f87ca
  Week Month Year All Time
High

15-11-2024

0.967859178178
-0.69%

13-11-2024

1.038524318557
-7.45%

22-05-2024

5.55
-82.68%

16-03-2024

₹5,730,800.59
-82.68%
Low

13-12-2024

0.961198
0.00%

26-10-2024

0.953190950331
0.84%

07-03-2024

0.15544
518.37%

30-12-2023

₹5,628.29
518.63%

Fei USD News (Fei News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Fei USD Chart (Fei Chart)

Fei USD Price USD (Fei Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Fei USD Price History (Fei Price History)
Price Market Cap Volume Date
Fei USD (FEI) Social Media
Coin Fei USD
Comments
Fei USD Price Today (Fei Price Today)

Fei protocol is a DeFi stablecoin that is based on an algorithm. The goal of Fei is to propose a technological solution that is halfway between rigid, over-collateralized, decentralised stablecoins and centralised, custodial stablecoins.

The FEI stablecoin and the TRIBE governance token are what make the Fei Protocol work.

The goal of FEI is to make it a fully decentralised stablecoin with better use of capital. The protocol uses the value it has control over to keep secondary markets open and make money for itself.

The prject was started in December 2020, and the crypto community showed a lot of interest in it right away. It led to investors putting in $19 million in early March 2021. Andreessen Horowitz (a16z), Coinbase Ventures, Nascent, and Framework Ventures are some of the people who have joined this project.

There were some problems with the peg in the original mechanism, but the protocol got better after launch thanks to a series of changes to the way it was run.

Fei v2 will come out in late 2021 and is meant to be a major upgrade to the system. It has a 1:1 exchange rate between FEI and protocol reserves, TRIBE buybacks and a backstop, and algorithmic value management that is controlled by the protocol.

To know more about the Fei USD market cap and chart, install the top cryptocurrency app CoinGabbar today!

Also read: Feisty Doge NFT Nfd Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Fei USD (FEI) is USD 0.961198
24 Hours, High Price of Fei USD (FEI) is USD 0.985968 and Low price of Fei USD (FEI) is USD 0.936506
The total supply of Fei USD (FEI) is 7870048.3908285 and Circulating supply of Fei USD (FEI) is 7,611,789.00
The trading volume of Fei USD (FEI) is 15694313 In the last 24 hours