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About Tribe
Analysis of 29 Jan 2026TRIBE is the governance token for Fei Protocol, a decentralized stablecoin project that launched in April 2021. Following the merger with Rari Capital in late 2021 and a devastating $80M hack in April 2022, Tribe DAO voted to wind down operations in August 2022.
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The FEI stablecoin was redeemed for DAI at 1:1, and active protocol development ceased. However, TRIBE continues to trade on secondary markets including MEXC, Uniswap V2, and Uniswap V3 with approximately $55,000-$65,000 in daily volume December 2025.
The token has no active utility, governance function, or development team, making it purely a speculative trading vehicle.
