Fei Protocol (TRIBE)
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.
Total Value Locked
$5
30d Change
+25.0%
Category
Algo-Stables
1 chains
TVL — last 180 days
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Ethereum | $5.58 | 111.6% |
About Fei Protocol
Fei Protocol is a algo-stables protocol deployed across 1 chain, led by Ethereum. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Fei Protocol against the wider market on the live protocol rankings, or explore current yields across DeFi.