BaseAfrican stablecoins on Base
Supply
$2.62M
3 stablecoins
Holders
15,242
Transfer volume 30D
$13.20M
DEX volume 30D
$219.6k
DEX volume all-time
$7.77M
2 exchanges
Pool TVL
$78.0k
3 tracked pools
All time
Transfer volume
$154.60M
since Q1 '25
DEX swaps
76,939
$7.77M
Minted
$16.66M
Burned
$14.18M
Net issuance
$2.48M
minted − burned
Issuers
3
velocity 30D 5.0×
Stablecoins on Baseclick any column to sort · supply and holders on this networkclick any column to sort · supply and holders on this network
| Stablecoin | Issuer | Contract | Supply here ↓ | Share of coin | Holders here | Transfers 30D | Transfers all-time* | DEX 30D | DEX all-time* |
|---|---|---|---|---|---|---|---|---|---|
 cNGNcNGNCompliant Naira |  Convexity (WrappedCBDC)Convexity (WrappedCBDC) | 0x46C8…EF5F | $1.65M | 44.9% | 14,285 | $11.95M | $130.23M | $107.6k | $2.34M |
 ZARPZARPSouth African Rand (ZARP) | INInves CapitalInves Capital | 0xb755…0C04 | $959.7k | 24.1% | 416 | $1.23M | $24.26M | $112.1k | $5.43M |
| nTZSnTZSnTZSTanzania Shilling (NEDA) |  NEDA LabsNEDA Labs | 0xF476…0688 | $6.2k | 100.0% | 541 | $12.8k | $110.3k | $0 | $3 |
* Per-network history starts in Q1 '25.
Base over timeSupply by stablecoin · monthly · USD · end of periodSupply by stablecoin · monthly · USD · end of period
Daily activity on BaseTransfer volume · last 36 days · by stablecoinTransfer volume · last 36 days · by stablecoin
cNGNcNGNZARPZARPnTZSnTZSnTZSWhat stablecoins do on Basevalue by activity · monthly · USDvalue by activity · monthly · USD
Transfers between walletsMintedBurned (redeemed)DEX trading
Local venues on Basedeposits into each local venue on this network · monthly · USDdeposits into each local venue on this network · monthly · USD
AzzaDaya ProBushaQuidaxObiexRoqquSpendaPayrit
| # | Venue | Kind | Stablecoins | Deposits, all-time ↓ | Share ↓ |
|---|---|---|---|---|---|
| 1 | Azza | Off-ramps | cNGN | $939.6k | 54.7% |
| 2 | Daya Pro | Exchanges | cNGN | $473.6k | 27.6% |
| 3 | Busha | Exchanges | cNGN | $226.7k | 13.2% |
| 4 | Quidax | Exchanges | cNGN | $51.5k | 3.0% |
| 5 | Obiex | Exchanges | cNGN | $23.8k | 1.4% |
| 6 | Roqqu | Exchanges | cNGN | $2.5k | 0.1% |
| 7 | Spenda | Off-ramps | cNGN | $8 | 0.0% |
| 8 | Payrit | Neobanks | cNGN | $7 | 0.0% |
Infrastructure active on Baseissuers, routers, vaults and hot wallets · volume is lifetime across all networksissuers, routers, vaults and hot wallets · volume is lifetime across all networks
| Venue | Role | Stablecoins here | Also on | Lifetime volume (all networks) ↓ | Active |
|---|---|---|---|---|---|
| WrappedCBDC | Issuer (mints) | cNGN |  BNB Chain Ethereum | $115.98M | 2025-02-22 → 2026-11-07 |
| WrappedCBDC | Distribution hub | cNGN | BNB ChainEthereum | $73.25M | 2025-02-18 → 2026-11-07 |
| Paycrest | Distribution hub | cNGN | BNB Chain | $13.95M | 2025-02-24 → 2026-11-07 |
| ycNGN | Yield vault | cNGN | $8.50M | 2026-06-16 → 2026-11-07 | |
| Uniswap | Distribution hub | ZARPcNGNnTZSnTZS | $5.92M | 2025-03-11 → 2026-11-07 | |
| Aerodrome | Distribution hub | ZARPcNGN | $3.08M | 2025-03-25 → 2026-11-07 | |
| Busha | Collection wallet | cNGN | BNB Chain | $2.93M | 2025-02-24 → 2026-11-05 |
| Busha | Batcher | cNGN | BNB Chain | $2.91M | 2025-02-24 → 2026-11-06 |
| LiFi | Distribution hub | ZARPcNGNnTZSnTZS | BNB ChainEthereum | $1.66M | 2025-01-21 → 2026-11-07 |
| Busha | Withdrawal wallet | cNGN | BNB Chain | $1.08M | 2025-02-22 → 2026-11-06 |
| Quidax | Exchange hot wallet | cNGN | BNB Chain | $877.0k | 2025-03-11 → 2026-11-04 |
| Busha | B2B partner | cNGN | BNB Chain | $169.5k | 2025-02-09 → 2025-07-18 |
| Moovha | Yield vault | ZARP | $117.0k | 2025-12-06 → 2026-10-29 | |
| Paycrest | B2B partner | cNGN | BNB Chain | $83.0k | 2025-05-03 → 2026-02-16 |
| Roqqu | Exchange hot wallet | cNGN | $6.7k | 2025-07-22 → 2026-10-24 | |
| Roqqu | Funder (unconfirmed) | cNGN | $1.3k | 2025-07-18 → 2026-04-18 | |
| WrappedCBDC | Treasury | cNGN | BNB Chain | $119 | 2025-05-01 → 2026-09-29 |
These are protocol and exchange wallets, not deposit venues; their totals cover every network they use. Local-venue deposits on this network are in the panel above.
Exchanges on Baselifetime DEX volume in African stablecoinslifetime DEX volume in African stablecoins
| # | Exchange | Stablecoins | Lifetime volume ↓ | Swaps | Share ↓ |
|---|---|---|---|---|---|
| 1 | Aerodrome | cNGNZARP | $5.60M | 41,554 | 72.1% |
| 2 | Uniswap | cNGNZARP | $2.17M | 35,385 | 27.9% |
DEX & liquiditytwo-sided pool TVL · stablecoin-to-stablecoin pairstwo-sided pool TVL · stablecoin-to-stablecoin pairs
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 |
| ZARPZARP | Unlabelled signer | Base | $931.6k | $0 | $931.6k | 58 |
| cNGNcNGN | Flagged, unattributed | Base | $240.3k | $8.70M | −$8.46M | 82 |
| cNGNcNGN | Busha | Base | $42.5k | $0 | $42.5k | 2 |
| nTZSnTZSnTZS | Unlabelled signer | Base | $22.8k | $16.6k | $6.2k | 4,702 |
| cNGNcNGN | Unlabelled signer | Base | $0 | $535.2k | −$535.2k | 152 |
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% |
|---|---|---|---|---|
| ZARPZARP | -95.5 | 75 | +144.6 | 8/30 |
| cNGNcNGN | -227 | 284 | +1443.5 | 30/30 |
← All networksPeg is measured per coin across every network it trades on.