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Informations

0.99208

USD

Rank #509


WebSite : Fei.money
Whitepaper : Docs.fei.money
Domain Age : Registered over 2 years ago

  • 24 hours

    -0.17%

  • 30 days

    -0.5%

  • ATH

    -10.52%

Fei USD Ratings Score

Last score update : 21 hours ago

Fei USD Price live today

Fei USD (FEI) is currently trading at 0.99208 USD and with a circulating supply of 39,159,089 FEI.
Its market capitalization is 38,824,950 USD.
FEI price has moved -0.17% in the last 24 hours, with 156,002 USD worth of FEI traded on various exchanges.
Fei USD currently ranks #509 in cryptocurrency rankings based on market capitalization.

About Fei USD (FEI)

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