Felix feUSD Price, Live Chart & Market Cap

Felix feUSD: Secure USD Stablecoin for Hyperliquid DeFi, Lending, Staking and Low-Cost Crypto Exchange Trading

Name: Felix feUSD
Brand: Felix feUSD
SKU: FEUSD
Price: 0.999469 USD
Availability: InStock

Felix feUSD at a Glance

Felix feUSD is the core USD stablecoin of the Felix Protocol on Hyperliquid. Felix feUSD lets users unlock liquidity, trade with low volatility and farm yield—all on one high-speed platform. By over-collateralizing every coin and letting borrowers set fixed rates, Felix feUSD keeps a tight $1 peg while rewarding holders through Stability Pool earnings.

Felix feUSD: Hyperliquid’s Over-Collateralized USD Stablecoin

Utility & Use Cases FEUSD

Stake for Stability Yield

Deposit Felix feUSD into the Stability Pool to earn borrower interest and discounted collateral from liquidations.

Deep Liquidity Pools

Provide Felix feUSD in FEUSD-USDe or FEUSD-USDT0 pools to capture trading fees and boosted farming rewards.

Low-Cost Payments

Send Felix feUSD across Hyperliquid with tiny gas, making it ideal for day-to-day transfers or on-exchange settlements.

Points & Airdrop Potential

Borrowing, swapping or referring with Felix feUSD accrues points that may convert to future governance tokens.

Felix feUSD Technologies Overview

Fast Transactions

Hyperliquid’s dual-block architecture confirms Felix feUSD transfers in sub-second time.

Automated Market Maker Access

Native AMM pools let Felix feUSD trade friction-free against major assets, tightening the peg.

Cross-Asset Collateral

BTC, ETH, SOL, HYPE and uBTC are accepted, diversifying risk and expanding borrowing options.

User-Set Fixed Rates

Borrowers choose their own interest; lowest-rate troves redeem first, creating market-driven stability.

Funding

Felix feUSD skipped public sales. Development was seed-funded by HyperActive and supported by Anthias Labs and Three Sigma, with no FEUSD allocation or ICO. Early users earn non-transferable points instead of buying tokens, aligning growth with product adoption rather than speculation.

Roadmap

Mainnet Launch (Apr 2025)

Felix feUSD went live with a 5 M supply cap, later raised to 10 M after stable operation.

Vanilla Markets (May 2025)

Added pooled lending for USDT0 and USDe, making Felix a full money-market suite.

Audit Completion & Immutability (Q3 2025)

Dedaub and Coinspect reports finalize; admin keys scheduled to be burned after upgrades.

Governance Token Launch (Q4 2025, tentative)

Convert user points into a DAO token to steer rates, collateral lists and fee distribution.

Felix feUSD Security & Audit Reports

Inherited Liquity V2 code audited by Dedaub, Coinspect and Certora, reinforced with global mint caps, multi-sig admin pause and live oracle monitoring. No exploits reported since April 2025 launch.

FAQ

How to mint Felix feUSD?

Open the Felix dApp, deposit approved collateral, set a fixed rate and confirm—feUSD appears in your wallet.

How to earn yield with feUSD?

Stake feUSD in the Stability Pool or provide liquidity in AMM pairs to collect interest and fees.

What keeps Felix feUSD at $1?

Over-collateralization plus redemption and rate incentives let arbitragers burn or mint until price returns to peg.

Which wallets support feUSD?

Any EVM wallet, such as MetaMask or Rabby, once configured for Hyperliquid RPC.

Is there an upfront borrowing fee?

No; you only pay the fixed annual rate you set, accrued over time.

What happens if my collateral drops?

If your ratio falls below 110 %, the system liquidates the trove and Stability Pool savers repay your debt.

Can I bridge feUSD to other chains?

Cross-chain bridges are planned; for now keep feUSD on Hyperliquid to avoid loss.

Top Crypto Exchanges to Trade Felix feUSD (FEUSD)

#	Exchange	Pair	Price	24h Volume
1	HyperSwap V3	0X02C6A2FA.../0X55555555...	~$0.073	$1,033,837
2	HyperSwap V3	0X02C6A2FA.../0XCA79DB4B...	~$1.0065	$128,490
3	HyperSwap V2	0X02C6A2FA.../0X47BB061C...	~$176.24	$561.33
4	Kittenswap	0X02C6A2FA.../0XCA79DB4B...	~$1.0067	$126,927
5	Laminar	0X02C6A2FA.../0X55555555...	~$0.073	$569,071
6	Kittenswap	0X02C6A2FA.../0X55555555...	~$0.072	$19,605.46
7	HyperSwap V3	0X02C6A2FA.../0XB5FE77D3...	~$1.0066	$20,519
8	HyperSwap V3	0X02C6A2FA.../0XB5FE77D3...	~$1.021	$9,205.05
9	Kittenswap	0X02C6A2FA.../0XCA79DB4B...	~$1.021	$105.44