What is Fei USD (FEI)?
FEI uses a new kind of stablecoin mechanism called protocol controlled value (PCV). 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.
How does Fei USD work?
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, Fei v2 launches in late 2021, bringing 1:1 redeemability, TRIBE buybacks/backstop, and algorithmic PCV management: https://medium.com/fei-protocol/introducing-fei-v2-6f56afe7a1b5
Where can you buy Fei USD?
Fei USD (FEI) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for FEI sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting FEI, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Fei USD (FEI)?
The reported 24-hour trading volume of Fei USD is $2.94K. Volume is a live reading of how much FEI changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Fei USD (FEI)?
Fei USD reached an all-time high of $5.55 on March 16, 2024, and an all-time low of $0.1554 on December 30, 2023. It is currently trading -82.02% from its peak and +542.13% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where FEI sits in its long-run price range.
What is the market cap of Fei USD (FEI)?
Fei USD's market capitalization is currently $3.51M, and it is ranked #1958 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (3.52 million FEI are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Fei USD (FEI)?
The fully diluted valuation (FDV) of Fei USD is $3.77M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Fei USD compare against its peers?
Over the past 24 hours, Fei USD has moved +0.07%. Over the past seven days, the change is +0.28%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether FEI is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Fei USD against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Fei USD?
Like any crypto asset, the right way to store FEI depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
