Supply
$2.41M
2 stablecoins
Holders
231
Transfer volume 30D
$3.58M
DEX volume 30D
$479.6k
DEX volume all-time
$14.61M
1 exchanges
Pool TVL
$19.3k
5 tracked pools
All time
Transfer volume
$38.79M
since Q1 '25
DEX swaps
22,282
$14.61M
Minted
$3.66M
Burned
$1.60M
Net issuance
$2.06M
minted − burned
Issuers
2
velocity 30D 1.5×
Stablecoins on Ethereumclick 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* |
|---|---|---|---|---|---|---|---|---|---|
 ZARPZARPSouth African Rand (ZARP) | INInves CapitalInves Capital | 0xb755…0C04 | $2.41M | 60.6% | 195 | $1.87M | $27.85M | $479.6k | $9.73M |
 cNGNcNGNCompliant Naira |  Convexity (WrappedCBDC)Convexity (WrappedCBDC) | 0x17CD…8dab | $0 | 0.0% | 36 | $1.71M | $10.93M | $0 | $0 |
* Per-network history starts in Q1 '25.
Ethereum over timeSupply by stablecoin · monthly · USD · end of periodSupply by stablecoin · monthly · USD · end of period
Daily activity on EthereumTransfer volume · last 36 days · by stablecoinTransfer volume · last 36 days · by stablecoin
ZARPZARPcNGNcNGNWhat stablecoins do on Ethereumvalue by activity · monthly · USDvalue by activity · monthly · USD
Transfers between walletsDEX tradingBurned (redeemed)Minted
Local venues on Ethereumdeposits into each local venue on this network · monthly · USDdeposits into each local venue on this network · monthly · USD
VALR
| # | Venue | Kind | Stablecoins | Deposits, all-time ↓ | Share ↓ |
|---|---|---|---|---|---|
| 1 | VALR | Exchanges | ZARP | $22 | 100.0% |
Infrastructure active on Ethereumissuers, 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 |  Base BNB Chain | $115.98M | 2025-02-22 → 2026-11-07 |
| WrappedCBDC | Distribution hub | cNGN | BaseBNB Chain | $73.25M | 2025-02-18 → 2026-11-07 |
| LiFi | Distribution hub | ZARPcNGN | BaseBNB Chain | $1.66M | 2025-01-21 → 2026-11-07 |
| 1inch | Distribution hub | ZARPcNGN | BNB Chain | $179.4k | 2023-11-01 → 2025-09-24 |
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 Ethereumlifetime DEX volume in African stablecoinslifetime DEX volume in African stablecoins
| # | Exchange | Stablecoins | Lifetime volume ↓ | Swaps | Share ↓ |
|---|---|---|---|---|---|
| 1 | Uniswap | ZARP | $14.61M | 22,282 | 100.0% |
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 |
|---|---|---|---|---|---|---|
| ZARPZARP | Unlabelled signer |  Ethereum | $2.62M | $548.7k | $2.07M | 45 |
| cNGNcNGN | WrappedCBDC | Ethereum | $616.0k | $450.6k | $165.4k | 27 |
| cNGNcNGN | Unlabelled signer | Ethereum | $429.0k | $426.4k | $2.5k | 42 |
| cNGNcNGN | Flagged, unattributed | Ethereum | $0 | $171.0k | −$171.0k | 6 |
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.