Convexity (WrappedCBDC)Convexity (WrappedCBDC)
Issues
cNGNcNGN
cNGNcNGNSupply
$3.67M
1 coin · NGN
Holders
15,769
8 networks
Transfer volume 30D
$77.93M
DEX volume 30D
$220.5k
TVL $233.8k
Minted all-time
$32.48M
Velocity 30D
21.2×
transfer volume ÷ supply
All time
Transfer volume
$305.62M
677,378 transfers
DEX volume
$12.20M
248,743 swaps
Burned
$28.92M
net issuance $3.56M
Networks
8
1 currency
About the issuerfrom the issuer's own published materialsfrom the issuer's own published materials
WrappedCBDC Limited issues cNGN, a naira stablecoin minted 1:1 against naira deposits by registered merchants, under the regulatory oversight of the SEC Nigeria. It publishes monthly reserve attestations and deploys cNGN across several networks.
RegulatorSecurities and Exchange Commission (SEC) Nigeria — regulatory oversight, per issuer
Stablecoin screener1 of 1 stablecoins1 of 1 stablecoins
| # | Stablecoin | Issuer | Currency | Networks | Supply ↓ | Transfers 30D | Transfers all-time | DEX 30D | DEX all-time | TVL | Holders | Address-days 30D | Minted all-time | Peg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | cNGNcNGNCompliant NairaPowers 6 tokenized assets · $30.6k | Convexity (WrappedCBDC)Convexity (WrappedCBDC) | 🇳🇬Naira (NGN)NGN |  Asset Chain Base BNB Chain Celo Ethereum+3Lisk, Polygon, Solana | $3.67M | $77.93M | $305.62M | $220.5k | $12.20M | $233.8k | 15,769 | 22,827 | $32.48M | -227 bps |
Convexity (WrappedCBDC) over timeSupply by network · monthly · USD · end of periodSupply by network · monthly · USD · end of period
Peg monitorDEX price vs official FX · basis points · 30DDEX price vs official FX · basis points · 30D
Shaded band = within ±100 bps (1%) of the official rate
| Stablecoin | Latest | Avg |dev| ↑ | Worst | Days >1% |
|---|---|---|---|---|
| cNGNcNGN | -227 | 284 | +1443.5 | 30/30 |
What it's used forlifetime value by kind of counterpartylifetime value by kind of counterparty
Mint & burn ledgerwho issues and redeems · lifetimewho issues and redeems · lifetime
| Stablecoin | Issuer / signer | Network | Minted ↓ | Burned | Net | Events |
|---|---|---|---|---|---|---|
| cNGNcNGN | WrappedCBDC | Base | $15.42M | $4.92M | $10.49M | 357 |
| cNGNcNGN | WrappedCBDC | BNB Chain | $12.28M | $3.95M | $8.33M | 266 |
| cNGNcNGN | Unlabelled signer | Asset Chain | $1.66M | $1.63M | $23.9k | 170 |
| cNGNcNGN | Unlabelled signer | Celo | $1.60M | $1.42M | $176.2k | 71 |
| cNGNcNGN | WrappedCBDC | Ethereum | $616.0k | $450.6k | $165.4k | 27 |
| cNGNcNGN | Unlabelled signer | Ethereum | $429.0k | $426.4k | $2.5k | 42 |
| cNGNcNGN | Flagged, unattributed | Base | $240.3k | $8.70M | −$8.46M | 82 |
| cNGNcNGN | Unlabelled signer |  Solana | $75.9k | $0 | $75.9k | 19 |
| cNGNcNGN | Busha | BNB Chain | $43.7k | $0 | $43.7k | 4 |
| cNGNcNGN | Busha | Base | $42.5k | $0 | $42.5k | 2 |
| cNGNcNGN | Unlabelled signer | BNB Chain | $0 | $6.70M | −$6.70M | 136 |
| cNGNcNGN | Unlabelled signer | Base | $0 | $535.2k | −$535.2k | 152 |
| cNGNcNGN | Flagged, unattributed | Ethereum | $0 | $171.0k | −$171.0k | 6 |
Holder distributionaddresses by balance band · most are dustaddresses by balance band · most are dust
WhaleLargeMidSmallDust
| Stablecoin | Holders ↓ | Distribution | Non-dust |
|---|---|---|---|
| cNGNcNGN | 15,769 | Whale: 6 (0.0%)Large: 24 (0.2%)Mid: 48 (0.3%)Small: 76 (0.5%)Dust: 15,615 (99.0%) | 154 1% |
DEX & liquiditytwo-sided pool TVL · stablecoin-to-stablecoin pairstwo-sided pool TVL · stablecoin-to-stablecoin pairs
Large transferslargest 20 on 2026-11-07largest 20 on 2026-11-07