Price change (24h):
1.25%
High (24h):
$1.009
Low (24h):
$0.982139
Volume (24h):
$917.74
Market Cap:
$3.57M
All Time High:
81.87% $5.55
Mar 16, 2024
All Time Low:
548% $0.16
Dec 30, 2023
Fei USD
FEI1.26 %(1Y)
$1.006
About Fei USD
Fei USD (FEI) is a cryptocurrency that operates as a decentralized stablecoin pegged to the US dollar. Its architecture rejects the collateral-debt models that dominate the market, instead deploying a novel mechanism called Protocol Controlled Value.
The asset directly targets the friction of over-reliance on fiat-backed reserves. By maintaining liquid secondary markets through its own treasury holdings, the protocol eliminates the need for centralized custodians or off-chain bank accounts. This capital-efficient design enables what its creators describe as a fairer distribution and fully decentralized peg maintenance.
Fei USD operates on the Ethereum network and has expanded to the Huobi ECO Chain, existing as both an ERC-20 and a HECO token. The core infrastructure lives within the Ethereum smart contract ecosystem, where decentralized governance mechanisms interact with on-chain liquidity pools.
The token standard is ERC-20, and the contract address begins with 0x956f47f50a. Fei v2, deployed in late 2021, introduced 1:1 redeemability, algorithmic buyback routines using the protocol’s native TRIBE token, and automated PCV management. These technical upgrades shifted peg defense away from external incentives and directly onto the protocol’s own balance sheet.
Fei Labs, backed by Andreessen Horowitz (a16z), Nascent, Variant, and Coinbase Ventures, built the system. The team’s public documentation and code repositories—hosted on GitHub at fei-protocol—detail a transition from an initial bonding curve experiment to the v2 overhaul. That migration fundamentally restructured how value flows into and out of the treasury, anchoring redemption rights as a core user guarantee.
The project’s long-term ambition is to serve as the primary stablecoin of decentralized finance without ever leaning on traditional collateral instruments. Engineering a self-sustaining peg that does not depend on dollar deposits at a bank makes the system more resilient to regulatory pressure and sovereign risk, a design philosophy aligned with censorship-resistant money.
Mechanically, FEI tokens are algorithmically minted and burned in response to market demand. When the price drifts above the peg, the protocol mints and sells new FEI into the liquidity pool, increasing supply. A drop below the peg triggers buybacks that reduce circulating supply, with the PCV absorbing the excess. Redeemability at 1:1 allows any holder to exchange FEI directly for a proportional share of the PCV’s underlying value, enforcing a hard price floor.
Arbitrageurs execute rapid trades across the 75 active markets to restore the price when deviations occur, capturing small spreads in the process. Liquidity providers deposit FEI into automated market makers to earn swap fees. DeFi users can supply it as collateral on lending platforms or route payments through protocols that reject centralized stablecoins.
Fei USD has a total supply of 3,760,410.58 tokens. Currently, 3,505,428.60 are in circulation. The protocol employs algorithmic buybacks rather than a halving schedule to manage contraction. With a market capitalization of $3,505,782, Fei USD ranks #1,887 among all cryptocurrencies.
Fei USD Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 12/06/2026 | $1.00 | $1.01 | $1.01 | $0.98 |
| 11/06/2026 | $1.00 | $1.00 | $1.01 | $0.99 |
| 10/06/2026 | $1.00 | $1.00 | $1.01 | $0.99 |
| 09/06/2026 | $0.99 | $1.00 | $1.01 | $0.98 |
| 08/06/2026 | $1.00 | $0.99 | $1.02 | $0.99 |
| 07/06/2026 | $1.00 | $1.00 | $1.01 | $0.99 |
| 06/06/2026 | $0.99 | $1.00 | $1.01 | $0.99 |
| 05/06/2026 | $0.98 | $0.99 | $1.00 | $0.98 |
Why is manual trading Fei USD a bad idea?
Manual fei trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
-
Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Fei USD (FEI) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live FEI price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Fei USD (FEI) is $1.006. Over the last 24 hours, it has moved 1.25%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Fei USD on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your FEI investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Stablecoins (like FEI) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.
Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges. -
We can’t provide investment advice. Whether Fei USD is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. FEI can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
