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Fei USDFEI$1.0005
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0.08%
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Fei USD iconFei USD
FEI
$1.0005
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0.08%
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FEI Valuation Metrics

Market Cap
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20.52%
$25K
Fully Diluted MC
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$16.5M
Volume, 24h
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61.05%
$29.6K
Circulation Supply
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24.9K
Total Supply
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16.5M
Max. Supply
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15.7M
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Fei USD FEI Price Chart

FEI Valuation Metrics

FEI Info

FEI Valuation Metrics

Market Cap
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Arrow icon
20.52%
$25K
Fully Diluted MC
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$16.5M
Volume, 24h
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Arrow icon
61.05%
$29.6K
Circulation Supply
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24.9K
Total Supply
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16.5M
Max. Supply
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15.7M
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Fei USD FEI Market Data

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40%
Of The Total Market
Transactions
6.9B
Data Sets
80Tb
Social Messages
>700M
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FEI Social Networks

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Fei USD FAQs

Which exchanges can I buy Fei USD token on?Arrow icon
Fei USD tokens are available for trading on various centralized cryptocurrency exchanges. The popular exchanges for purchasing Fei USD include Binance, Coinbase, Bybit, Kraken, Huobi, and Uniswap.
What is the current marketcap of Fei USD (fei)?Arrow icon
The market capitalization of Fei USD (fei) is currently 5444757.164120994, securing its position at #542 on Ratex rankings today. To determine the market cap, the current price of each token is multiplied by the circulating supply of tokens. It is 34903925.28590169 tokens that are available for trading on the market today.
What was the highest price of Fei USD (fei) in its history?Arrow icon
The all-time high price for Fei USD (fei) was recorded on January 16, 2024, 2 months ago, for $1.8575873585879. Compared to the current price, this represents a 48.01% downgrade.
What was the lowest price of Fei USD (fei) in the last three months?Arrow icon
The lowest price for Fei USD (fei) in the last three months was recorded on January 08, 2024, 2 months ago, for $0.83511704189069. Compared to the current price, this represents a 15.64% increase.
What was the price change of Fei USD in the last 24 hours?Arrow icon
The price change of Fei USD in the last 24 hours was negative, with a decrease of -0.0121%. As a result, the current price of Fei USD stands at $0.965750835441463.
How to add Fei USD (fei) to a wallet?Arrow icon

We recommend using one of the trusted wallets for your crypto. The best wallets available to you on our website include MetaMask, Coinbase wallet, Rabby wallet, Argent, Ledger, Rainbow, and Trust wallet.

The steps to add tokens to the wallet are the same everywhere:

  • to import Fei USD to the ethereum network — copy the fei contract address 0x956f47f50a910163d8bf957cf5846d573e7f87ca into the selected wallet.

It is important to be extremely careful when you select the network and copy the contract address.

FEI Price Live Data

The live Fei USD price today is $1.0005 with a 24-hour trading volume of $29.6K. We update our FEI to USD price in real-time. Fei USD is up 0.08% in the last 24 hours. The current RateX ranking is #1224, with a live market cap of $25K. The circulating supply is 24.9K FEI and a max. supply of 15.7M FEI.

About Fei USD (FEI)

Fei USD (FEI) is a groundbreaking decentralized stablecoin designed to provide users and investors with a reliable, scalable, and community-driven digital currency. At the heart of this innovative system lies the FEI token, which is pegged to the value of the US dollar and backed by a combination of collateral and algorithmic mechanisms.

Fei USD aims to address the challenges and limitations of existing stablecoins by providing a decentralized, transparent, and highly adaptable solution. By leveraging the power of blockchain technology, smart contracts, and community governance, Fei USD has the potential to revolutionize the cryptocurrency and decentralized finance (DeFi) landscapes.

The History of Fei USD (FEI): A Journey Towards Stablecoin Innovation

Fei USD embarked on its journey in the world of cryptocurrencies with a vision to revolutionize the stablecoin landscape. Founded by Joey Santoro in 2020, the project aimed to address the challenges and limitations of existing stablecoin solutions, such as centralization, lack of transparency, and scalability issues. The development of Fei USD began in late 2020, with a focus on creating a decentralized, transparent, and highly adaptable stablecoin.

The first significant milestone in Fei USD's journey was the Genesis Event, which took place in March 2021. During this event, users could contribute Ethereum (ETH) to the protocol in exchange for FEI tokens, marking the official launch of the Fei USD stablecoin.

Following the successful Genesis Event, Fei USD introduced its native governance token, TRIBE, in April 2021. The TRIBE token empowers its holders to participate in the platform's decision-making process and influence its future direction, further strengthening the project's commitment to decentralization and community governance.

As Fei USD continued to grow, it forged partnerships and integrated with various decentralized finance (DeFi) platforms between 2021 and 2023. These collaborations expanded the platform's ecosystem and use cases, solidifying its position in the DeFi landscape. Notable integrations include Curve Finance, Uniswap, and Compound.

Throughout its journey, the Fei USD team remained dedicated to continuously updating and improving the platform, ensuring its compatibility with the ever-evolving DeFi landscape and enhancing user experience. As of 2024, Fei USD (FEI) continues to grow and gain adoption within the cryptocurrency community, staying true to its vision of providing a decentralized, scalable, and community-driven stablecoin solution.

Key Features of Fei USD (FEI): A Decentralized and Scalable Stablecoin

Fei USD (FEI) is a unique decentralized stablecoin designed to provide a reliable, scalable, and community-driven digital currency. To fully appreciate the innovative features of Fei USD (FEI), let's first discuss the concept of stablecoins and Fei USD's role in providing a decentralized and scalable solution.

Stablecoins and Fei USD's Role

Stablecoins are cryptocurrencies designed to maintain a stable value relative to a specific asset, such as the US dollar, gold, or other fiat currencies. They aim to provide the benefits of cryptocurrencies, such as decentralization, security, and fast transactions, without the volatility typically associated with digital assets like Bitcoin and Ethereum.

Fei USD (FEI) aims to address the challenges and limitations of existing stablecoins by providing a decentralized, transparent, and highly adaptable solution. By leveraging the power of blockchain technology, smart contracts, and community governance, Fei USD offers a stablecoin that is resistant to censorship, transparent in its operations, and capable of scaling to meet growing demand.

Algorithmic Stabilization Mechanism

Fei USD employs an innovative algorithmic stabilization mechanism called the Protocol Controlled Value (PCV) to maintain its peg to the US dollar. The PCV is a pool of collateral assets, primarily consisting of Ethereum (ETH), that backs the value of the FEI tokens.

When the FEI token's price deviates from the US dollar peg, the protocol automatically adjusts the supply of FEI tokens and the value of the PCV to restore the peg. This is achieved through a combination of minting, redemption, and reweighting mechanisms, which are designed to incentivize users to take actions that help stabilize the FEI token's price.

TRIBE Token and Its Use Cases

The TRIBE token is the native governance token of the Fei USD (FEI) platform. It serves several essential functions within the ecosystem, including:

  • Governance

    TRIBE token holders can participate in the platform's governance process, voting on proposals and influencing the future direction of Fei USD (FEI).

  • Fees

    A portion of the fees generated by the platform is distributed to TRIBE token holders as rewards.

  • Incentives

    TRIBE tokens are used to incentivize users to participate in the protocol's stabilization mechanisms and contribute to the growth and development of the Fei USD (FEI) ecosystem.

By combining decentralization, transparency, and algorithmic stabilization, Fei USD has established itself as a leading decentralized stablecoin solution, empowering users and investors with a reliable and scalable digital currency.

The Legal Status of Fei USD (FEI) in Various Countries: An International Perspective

As the global cryptocurrency landscape continues to evolve, so too do the legal and regulatory frameworks governing their use around the world. In this section, we'll provide an overview of the legal status of Fei USD in various countries and discuss any regulations, restrictions, or legal issues related to its use.

United States

In the United States, the legal status of cryptocurrencies is still a somewhat gray area, with different regulatory bodies treating them differently. As of now, there are no specific regulations targeting Fei USD or its use within the country. However, users should be aware of the potential tax implications and reporting requirements associated with cryptocurrency transactions.

European Union

The European Union has taken a more proactive approach to regulating cryptocurrencies, with several member states introducing specific laws and guidelines. While there are no specific regulations targeting Fei USD in the EU, users should be aware of the general regulatory environment for cryptocurrencies and ensure compliance with any relevant laws, such as anti-money laundering (AML) and know-your-customer (KYC) requirements.

Asia

The legal status of cryptocurrencies in Asia varies significantly from country to country. In some jurisdictions, such as Singapore and South Korea, the regulatory environment is relatively friendly towards cryptocurrencies, with clear guidelines and frameworks in place. However, in other countries like China and India, the legal landscape is more restrictive, with strict regulations and even outright bans on certain cryptocurrency-related activities. Users in Asia should carefully research the specific legal status of Fei USD in their respective countries and ensure compliance with any applicable laws and regulations.

Rest of the World

The legal status of Fei USD (FEI) in other regions of the world is similarly diverse and subject to change. In general, users should be aware of their local regulatory environment and any potential implications for their activities with Fei USD. It is crucial to stay informed about any updates or changes to the legal landscape and consult with legal experts if necessary to ensure compliance.

The legal status of Fei USD (FEI) varies across different jurisdictions, with some countries taking a more welcoming approach to cryptocurrencies, while others maintain a more cautious or restrictive stance. Users should stay informed about the regulatory environment in their respective countries and ensure compliance with any relevant laws and guidelines to avoid potential legal issues.

Fei USD (FEI) and the DeFi Ecosystem: Expanding Stablecoin Opportunities

The decentralized finance (DeFi) landscape has experienced tremendous growth in recent years, with billions of dollars in value locked into various DeFi protocols and platforms. Fei USD plays a significant role in the DeFi ecosystem by providing a decentralized and scalable stablecoin solution, enabling users to engage in various DeFi activities with reduced volatility and risk.

Significance in the DeFi Landscape

Fei USD (FEI) is a crucial component of the DeFi ecosystem, as it offers a stable, decentralized, and community-driven digital currency. By providing a reliable and scalable stablecoin solution, Fei USD enables users to participate in DeFi activities such as lending, borrowing, trading, and yield farming with reduced exposure to the volatility typically associated with cryptocurrencies.

Existing and Planned DeFi Projects on Fei USD (FEI)

Fei USD (FEI) has been integrated with various DeFi platforms, expanding its ecosystem and use cases. Some notable examples include:

  • Liquidity Provision

    Fei USD has partnered with decentralized exchanges (DEXs) and liquidity providers to enable users to swap FEI tokens and provide liquidity for FEI-based trading pairs. This integration enhances the liquidity and accessibility of the FEI token, making it easier for users to enter and exit positions.

  • Lending and Borrowing

    DeFi lending and borrowing platforms can integrate Fei USD to allow users to lend or borrow FEI tokens, opening up new opportunities for earning passive income and accessing liquidity.

  • Yield Farming

    Fei USD can be integrated with yield farming platforms, enabling users to stake their FEI tokens and earn additional rewards in the form of other cryptocurrencies or governance tokens.

Potential Impact on the DeFi Market and Broader Crypto Landscape

By providing a decentralized and scalable stablecoin solution, Fei USD (FEI) has the potential to significantly impact the DeFi market and the broader crypto landscape. Some potential outcomes include:

  • Increased DeFi Adoption

    By offering a stable and reliable digital currency, Fei USD could encourage more users to participate in DeFi activities, contributing to the growth and development of the DeFi ecosystem.

  • Expanded DeFi Use Cases

    The integration of Fei USD with various DeFi platforms and services could lead to the development of new and innovative use cases, further driving growth and adoption in the DeFi space.

  • Greater Crypto Market Interoperability

    Fei USD can facilitate greater interoperability between different cryptocurrencies, as users can swap their volatile assets for the stable FEI token and participate in various DeFi activities with reduced risk.

Fei USD (FEI) has the potential to play a significant role in the DeFi ecosystem by expanding stablecoin opportunities and enabling new use cases for users. As the platform continues to develop and integrate with various DeFi projects, its impact on the DeFi market and the broader crypto landscape could be substantial.

The Future of Fei USD (FEI): A Look Ahead at the Horizon

As Fei USD continues to evolve and expand, it's essential to look ahead at the potential developments, challenges, and opportunities that lie in wait. By examining upcoming updates, expert opinions, and possible hurdles, we can gain a clearer understanding of what the future may hold for this innovative stablecoin platform.

Upcoming Developments and Roadmap Plans

The Fei USD team has outlined several key areas of focus for the platform's future development, including:

  • Protocol Improvements

    The team is committed to continuously improving the Fei USD protocol, focusing on enhancing its stability, security, and scalability. This includes optimizing the algorithmic stabilization mechanism, refining the collateral management system, and exploring new ways to increase the platform's capital efficiency.

  • Expanding Collateral Assets

    Fei USD (FEI) currently relies primarily on Ethereum (ETH) as its collateral asset. However, the team is exploring the possibility of adding other assets to the collateral pool, which could help diversify the platform's risk and increase its resilience to market fluctuations.

  • DeFi Integrations

    The Fei USD team is working on integrating the platform with various DeFi protocols and services, enabling users to leverage their FEI tokens in lending, borrowing, yield farming, and other DeFi activities.

  • Community Governance

    As the Fei USD ecosystem continues to grow, the team aims to further decentralize the platform's governance process, empowering the community to make decisions and shape the future direction of the project.

Expert Opinions and Predictions

Cryptocurrency and blockchain experts have expressed optimism about the potential growth and adoption of Fei USD (FEI) and its ecosystem. Some believe that the platform's focus on providing a decentralized and scalable stablecoin solution could make it a key player in the ongoing evolution of the DeFi landscape. Additionally, Fei USD's commitment to expanding its capabilities and integrations could lead to the creation of new and exciting use cases for the technology.

Potential Challenges and Opportunities

As Fei USD (FEI) moves forward, it will likely face both challenges and opportunities that could shape its future trajectory. Some potential hurdles include:

  • Regulatory Uncertainty

    The global regulatory landscape for cryptocurrencies and blockchain technology remains uncertain, which could impact the adoption and growth of Fei USD and other platforms in the space.

  • Competition

    The blockchain and DeFi landscapes are becoming increasingly competitive, with numerous projects vying for market share and user adoption. Fei USD will need to continue innovating and delivering value to stay ahead of the curve.

  • Technical Challenges

    As with any cutting-edge technology, Fei USD may encounter unforeseen technical challenges as it continues to scale and expand its capabilities.

Despite these potential challenges, Fei USD (FEI) has numerous opportunities to capitalize on its unique strengths and position itself as a leader in the world of decentralized stablecoin solutions. By staying focused on its core objectives and adapting to the ever-changing crypto landscape, Fei USD is well-positioned to make a lasting impact on the future of DeFi and beyond.

Fei USD (FEI) is an innovative decentralized stablecoin designed to provide a reliable, scalable, and community-driven digital currency. By leveraging the power of blockchain technology, smart contracts, and algorithmic stabilization mechanisms, Fei USD offers a stablecoin solution that is resistant to censorship, transparent in its operations, and capable of scaling to meet growing demand.

As we look to the future, Fei USD is well-positioned to make a significant impact on the world of cryptocurrencies and decentralized finance. With ongoing developments, updates, and a strong commitment to fostering innovation, Fei USD has the potential to overcome challenges and seize opportunities in the ever-evolving blockchain landscape.

We encourage you to explore the Fei USD (FEI) platform and experience its unique offerings firsthand. By delving deeper into this exciting project, you'll gain a better understanding of how Fei USD is working to revolutionize the cryptocurrency and DeFi spaces by providing a decentralized and scalable stablecoin solution.

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