Today's Fei USD price is $0.988411, which is up <1% over the last 24 hours. Fei USD's market cap is unknown. 24 hour FEI volume is $748,957. It has a market cap rank of 2219. Fei USD is traded on exchanges. Fei USD had an all-time high of $1.0155 over 1 year ago. Over the last day, Fei USD has had 0% transparent volume and has been trading on 65 active markets with its highest volume trading pairs being .
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.