SN 2011fe is the nearest supernova of Type Ia (SN Ia) discovered in the modern multi-wavelength telescope era, and it also represents the earliest discovery of a SN Ia to date. As a normal SN Ia, SN 2011fe provides an excellent opportunity to decipher long-standing puzzles about the nature of SNe Ia. In this review, we summarize the extensive suite of panchromatic data on SN 2011fe, and gather interpretations of these data to answer four key questions: 1) What explodes in a SN Ia? 2) How does it explode? 3) What is the progenitor of SN 2011fe? and 4) How accurate are SNe Ia as standardizeable candles? Most aspects of SN 2011fe are consistent with the canonical picture of a massive CO white dwarf undergoing a deflagration-to-detonation transition. However, there is minimal evidence for a non-degenerate companion star, so SN 2011fe may have marked the merger of two white dwarfs.
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