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. New supply of FEI enters circulation via a buy-only bonding curve denominated in ETH. We refer to the ETH accrued from purchases on the bonding curve as Protocol Controlled Value (PCV). We define PCV as any value which is completely owned and controlled by the protocol, without an IOU. It is a subset of Total Value Locked with a stronger use case. The Fei Protocol deploys its PCV exclusively as Uniswap ETH/FEI liquidity at the genesis of the protocol. This is a "liquidity-collateralized" model which removes the need for an overcollateralized debt position. As the supply grows, the bonding curve price approaches a fixed peg to the oracle price. The fixed peg bonding curve creates a guaranteed arbitrage opportunity when the Uniswap price trades above the peg. The protocol will use its liquidity PCV to backstop the Uniswap price when it trades below the peg for a certain period.

FEI uses a new kind of stablecoin mechanism called direct incentives.

Fei USD

FEI uses a new kind of stablecoin mechanism called direct incentives.

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

You need to click on the button below and start the opened bot

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Payments are processed by Heleket. Use only the supported chains/tokens. CryptoRank cannot compensate for failed transactions made on an unsupported blockchain.

Advanced Tools and Ad-Free Experience for In-Depth Analysis

Payments are processed by Paddle. Use only the supported payment methods. CryptoRank cannot compensate for failed or incomplete transactions made outside of supported options.

Receive Comprehensive Analytics, Exclusive Research, and Guides

Payment confirmed

Add promocode

Total Due:

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Share Chart Screen

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Comprehensive analysis of %coinname% price dynamics, quarterly returns, and annual trends in dollars. Our detailed research unveils dynamic interconnections between %coinname% and the US dollar, providing valuable insights based on current data.

Period	Change	Change (%)	High	Low
24H	-$ 0.0003556	-0.04%	$ 0.9998	$ 0.9996
7D	$ 0.00001073	+0.001%	$ 1.00	$ 0.9994
14D	-$ 0.00004581	-0.005%	$ 1.00	$ 0.9991
30D	$ 0.00005619	+0.01%	$ 1.00	$ 0.9991
3M	-$ 0.00…3091	0%	$ 1.10	$ 0.9659
6M	-$ 0.6493	-39.4%	$ 2.00	$ 0.6725
YTD	$ 0.01675	+1.70%	$ 2.43	$ 0.6725
1Y	-$ 0.007848	-0.78%	$ 2.43	$ 0.6725
3Y	$ 0.03608	+3.74%	$ 2.43	$ 0.306

Fei USDFEI

Fei USD Analytics

Fei USD Closing Price (USD) - Quarterly

fei-usd Monthly Returns (USD)

FEI - USD Price Change

Fei USD Annual Price (USD) Change