40% through historical range
59.57% below ATH
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Fei Protocol ($FEI) represents a direct incentive stablecoin which is undercollateralized and fully decentralized.
The goal of the Fei Protocol is to maintain a liquid market in which ETH/FEI trades closely to the ETH/USD price. FEI achieves this via a new stability mechanism known as direct incentives. Direct incentive stablecoins use dynamic mint rewards and burn penalties on DEX trade volume to maintain the peg. FEI uses Uniswap as its incentivized DEX at launch. Governance can add and update DEX integrations and other incentives as needed.
As of May 15, 2026, Fei USD trades at $1.00.
Fei USD has a market capitalization of $3,507,266.56.
Fei USD has a 24-hour trading volume of $3,815.08.
Fei USD reached an all-time high of $2.46, recorded on Nov 16, 2021. It is currently 59.57% below its all-time high.
Fei USD recorded an all-time low of $0, recorded on Apr 3, 2021.
Fei USD has a total value locked of $7.
Fei USD has a market cap to TVL ratio of 501,038.08x.
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