Logo of Fei ProtocolFei Protocol(TRIBE)
Total Value Locked$7.54

TVL by Chain

Ethereum$7.54

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Market Cap$14.61m

$TRIBE Price$0.39

All Time High$2.45

All Time Low$0.14

View $TRIBE token page

$391.52m

$227.08m

$TRIBE Volume 24h$17,273.83

CEX Volume$0

DEX Volume$17,293.63(100.11% of total)

Treasury$207.09m

$0

Stablecoins$0.0017

Own Tokens$207.09m

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 ($38.61m)Mento V2 ($11.93m)SPOT Cash ($222,303.84)Basis Cash ($205,681.89)Frax FPI ($94,349.6)XUSD Money ($29,224.87)Generic.Money ($18,542.73)Spice Trade ($7,895.59)TiTi Protocol ($7,204.98)OpenDAO ($592.79)

Frequently Asked Questions

What is Fei Protocol's TVL?

Fei Protocol currently has $7.54 in total value locked. TVL has increased 50.8% 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 $14.63m, ranking it #1,250. Its fully diluted valuation is $391.98m. Supply currently stands at 37.33m circulating, 1b total supply, 1b maximum supply.

How has TRIBE performed recently?

TRIBE is up 1.6% over the past 7 days and up 27.5% over the past 30 days. Its all-time high is $2.45, reached on Apr 3, 2021. The token is currently 84% 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 $52.34m 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 $207.09m. Its holdings include $0.0017 in stablecoins, $207.09m in its own tokens.