Fei USD

FEI Price

What is Fei USD about?

FEI employs a novel stablecoin mechanism known as protocol controlled value (PCV). This approach offers enhanced capital efficiency, equitable distribution, and full decentralization. The protocol leverages the value it controls to ensure liquid secondary markets remain robust and accessible.

What makes Fei USD unique?

Developed by Fei Labs, FEI stands out as a highly scalable, decentralized, and reserve-backed stablecoin designed to meet the demands of DeFi without relying on centralized assets for collateral. This innovative approach unlocks potential for next-generation integrations. Notably, FEI is supported by prominent figures and organizations in the space, including a16z, Nascent, Variant, and Coinbase.

What's the history of Fei USD?

Fei v2 was launched in late 2021, introducing significant enhancements such as 1:1 redeemability, TRIBE buybacks and backstop mechanisms, and advanced algorithmic PCV management. For a detailed overview, refer to the Medium post: Introducing Fei v2.

Where can you buy Fei USD?

FEI tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Fei USD is Uniswap V2 (Ethereum), where the most active trading pair TRIBE/FEI has a trading volume of $8,646.59 in the last 24 hours. Other popular options include Curve (Ethereum) and Uniswap V3 (Ethereum).

What is the daily trading volume of Fei USD (FEI)?

The trading volume of Fei USD (FEI) is $25,263.13 in the last 24 hours, representing a -41.00% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Fei USD (FEI)?

Fei USD (FEI) reached an all-time high of $5.55 and an all-time low of $0.1554. It’s now trading -82.00% below that peak and 543.30% above its lowest price.

What is the market cap of Fei USD (FEI)?

Market capitalization of Fei USD (FEI) is $3,705,068 and is ranked #1971 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FEI tokens (3.7 Million tokens are tradable on the market today).

What is the fully diluted valuation of Fei USD (FEI)?

The fully diluted valuation (FDV) of Fei USD (FEI) is $3,959,935. This is a statistical representation of the maximum market cap, assuming total number of 4 Million ETH tokens are in circulation today.

How does the price performance of Fei USD compare against its peers?

With a price increase of 0.10% in the last 7 days, Fei USD (FEI) is underperforming the global cryptocurrency market which is up 13.80%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.50%.

How to add Fei USD (FEI) to MetaMask?

Adding Fei USD (FEI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import FEI as a token. You can copy FEI’s contract address (0x956f47f50a910163d8bf957cf5846d573e7f87ca) and import it manually, or if you've installed MetaMask's chrome extension, add FEI to MetaMask with one click on CoinGecko.

Add FEI to MetaMask.