Fei USD

Fei USD
(FEI)

$0.98929
(24h)$0.011731.20%

About

FEI uses a new kind of stablecoin mechanism called protocol controlled value (PCV). 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, Fei v2 launches in late 2021, bringing 1:1 redeemability, TRIBE buybacks/backstop, and algorithmic PCV management: https://medium.com/fei-protocol/introducing-fei-v2-6f56afe7a1b5
DeFiStablecoinAlgorithmic Stablecoin

FEI Statistics

Market Cap
$420.44M

24h Vol
$1.54M

Dominance
0.04%

Current Supply
424996177.7889056

Day's Range
$0.97592$0.9952

52 Week Range
$0.97084$1.22

Rank
83

Max Supply
0

All Time High
$1.22

% down from ATH
‑19.12%

Days since ATH
321

ROI

1D
1.20%
1W
0.47%
1M
‑0.59%
3M
‑0.89%
6M
‑0.91%
1Y
‑1.64%