Newly mapped: Timon
Timon is now mapped end to end — $3.7M in lifetime retail stablecoin volume across 3,677 wallets and five chains. A $60 median deposit sits under a tail where ten wallets hold 82% of the money.
- $3.7M
- Lifetime retail volume
- 3,677
- Retail wallets
- $60
- Median deposit
- 82%
- Volume from top 10 wallets
USDT + USDC
Q2 2026 peak quarter
a top-up, not a transfer
Gini 0.86
We've mapped Timon end to end — a Nigeria-founded travel-payments neobank now live across 16 African markets.
$3.7M in lifetime retail stablecoin volume, moved by 3,677 wallets across five chains in USDT and USDC.
The chain split is unusually even — no single dominant chain. BSC carries $1.43M (38.6%), Polygon $1.02M (27.6%) and Solana $961K (26.0%), with Ethereum and Base making up the rest. Three chains carry 92% of flow.
The growth curve is steep: volume up 3.7x and wallets up 5x over the past year, from Q3 2025 to Q2 2026, with Q2 alone at $1.43M.
But the shape of usage is the interesting part. The median deposit is just $60 — travel-sized top-ups, not transfers — while 82% of all volume comes from the top ten wallets, a Gini coefficient of 0.86. A wide retail base sitting under a small whale tail.
Method
Retail stablecoin deposits traced from verified Timon deposit addresses across five chains, Jul 2025 to Jul 2026, in USDT and USDC. Deposit-side only — excludes withdrawals, transfers between Timon-controlled addresses, and all off-chain activity. Concentration is measured on lifetime deposit volume per depositing wallet.
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AfriFlux (2026). Newly mapped: Timon. Published 10 July 2026. https://www.afriflux.xyz/feed/newly-mapped-timon
Reproducing a chart? Use this line: Source: AfriFlux — on-chain intelligence for Africa's stablecoin economy. afriflux.xyz