InformationTVLStablecoin InfoTreasuryUnlocksGovernance

Fei Protocol (TRIBE)

Total Value Locked$13.49

TVL by Chain

Ethereum$13.49

Key Metrics

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Market Cap$270.74m

$TRIBE Price$0.59

All Time High$2.45

All Time Low$0.14

Fully Diluted Valuation$595.01m

Outstanding FDV$344.85m

$TRIBE Volume 24h$88,737

CEX Volume$62,203

DEX Volume$26,534(29.9% of total)

Treasury$333.97m

Own Tokens$333.97m

Total Raised$19m

Mar 8, 2021$19mRound: Series AInvestors: a16z, Framework Ventures, Coinbase Ventures, Naval Ravikant, ParaFi Capital, Variant FundSource: https://www.coindesk.com/business/2021/03/08/coinbase-naval-framework-ventures-back-19m-raise-for-a-capital-efficient-stablecoin/

Protocol Information

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.

Category:Algo-Stables

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Competitors

Mento ($59.89m)Frax ($3.76m)DefiDollar DAO ($2.84m)SPOT Cash ($1.62m)Frax FPI ($915,979)Basis Cash ($272,498)XUSD Money ($41,129)Oin Finance ($35,699)TiTi Protocol ($26,040)Spice Trade ($15,871)