Fei USD
FEI

1.000
$
0.19 %
Change 24h
Market Cap
$ 643,473,000
Volume 24h
$ 90,769,800
Circulating Supply
642950282
Total Supply
547,221,059
FEI
$
Description
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. 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,