About Fei Protocol Coin
Fei Protocol price today is $0.978225 with a 24-hour trading volume of $9,160,874. FEI price is up 1.7% in the last 24 hours. It has a circulating supply of 1 Billion FEI coins and a max supply of 893 Million. Uniswap (v3) is the current most active market trading it.
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.
Fei Labs is the team that created FEI, a highly scalable, decentralized, and reserve-backed stablecoin that can meet DeFi’s needs without relying on centralized assets for collateral, that unlocks next-generation integration potential. Our mission is to be the stable coin of DeFi backed by some of the top minds in the space, including a16z, Nascent, Variant, Coinbase,