Tracker Charts Companies Regulation Insights Monthly

Fei Protocol

Fei Protocol was a decentralized stablecoin protocol built around protocol-controlled value, direct incentives, and TRIBE governance. After the 2022 Rari Fuse exploit and Tribe DAO wind-down process, Fei Protocol was no longer under active development.

Founded2021
StageDAO
FoundersJoey Santoro
Websitefei.money ↗

Products

FEI active $4M
FEI
Algorithmic

FEI was a USD-pegged stablecoin designed around protocol-controlled value and direct incentives rather than conventional fiat reserves. After governance unwind activity in 2022, the product became a post-mortem stablecoin with redemption mechanics centered on a FEI-DAI wrapper rather than active issuance growth.

Overview

Fei Protocol was a decentralized stablecoin protocol built around protocol-controlled value, direct incentives, and TRIBE governance. After the 2022 Rari Fuse exploit and Tribe DAO wind-down process, Fei Protocol was no longer under active development.

Products

Stablecoins issued by this entity: FEI.

Funding

RoundAmountYear
Private financing$19M2021

Recent Activity