On-chain FX venue

NumoFX

A 24/7 exchange for currencies that normally stop trading. Hedging the naira usually means a Nigerian bank account, an NDF desk and a counterparty willing to face you; Numo replaces that with an order book and a cash-settled future, so a business that needs dollars can lock today's rate and a trader abroad can take the other side to earn the gap between Nigerian and US rates. Matching happens off chain, every fill settles on chain, and the venue never holds the naira itself — only cNGN and dollars against it.

numofx.com·@numoforex

Live · BasecNGN · EURC · USDCSpot · Futures · Options5 of 7 assets undocumentedNon-custodial order book

2026-10-01 → 2026-11-07 · 38 days on-chain · Every figure rebuilt from Base logs.

Settled volume

$23,240

99% derived from marks

Avg fill

$132.05

per settlement · across 6 markets

Fills

176

across 6 markets

Open interest

$255.22

337,011 units · 5 accounts hold it

Collateral

$18,173

+0.0015% yield on cash

Naira forward

₦1,387.04

-11.63% APR · 23 days left

These are the naira markets — 99.8% of everything settled here. NumoFX also lists EUR ($33.51), which is not African FX and is carried rather than headlined. As it lists more frontier currencies these figures will cover them, and this line will say so.

Trend

What NumoFX has done

Throughput, trend and momentum — every market combined, valued in dollars. A level shows its latest and peak rather than a total, because summing a position is meaningless.

Settled volume · Dailyflow · every market combined, valued in dollarsflow · every market combined, valued in dollars

Periods

Total settled volume

$23,240

Peak

2026-10-28

Peak settled volume

$9,021

Low

2026-10-02

Mean / day

$611.58

Settled volume is every market combined, valued in dollars. 99% of it is derived rather than observed: a futures fill moves no quote leg, so its notional is the position size marked at the chain's own price. The exact subset — both legs settling on chain — is $234.68.

Momentum

Period-on-period change

Growth at whichever grain the trend is set to. Off a venue this young the outliers are real; the median is the honest summary.

Settled volume · change per day19 comparable periods19 comparable periods

Axis bounded at ±400% · 5 points beyond it drawn hollow at the edge — hover for the true value

Latest

+13.1%

Periods up

7 / 19

Best

2026-10-14

Best change

+over 1,000x

Median change

−97.7%

Periods

Markets

What trades, and what their docs leave out

Settled notional by instrument classlifetimelifetime

Futures≈$23,005 · 102 fills

Spot$224.08 · 18 fills

Retired series$10.60 · 56 fills

Optionsnever traded · 1 listed

Futures

≈$23,005

Spot

$224.08

Retired series

$10.60

Options

$0.00

Every market we can seefound on chainfound on chain

Market	Class	Fills	Notional	Source
USDC-cNGN-30NOV26inverse: quoted in NGN per USD	Futures	94	≈$22,750	found on chain
cNGN-30NOV26	Futures	7	≈$243.03	published
cNGN-USDC	Spot	16	$202.86	published
EURC-USDC	Spot	2	$21.22	found on chain
EURC-30NOV26	Futures	1	≈$12.29	found on chain
retired gen-1 assetgeneration 1; superseded 2026-10-21	Retired series	56	$10.60	found on chain
cNGN-30NOV26 options5 strikes x C/P; listed 2026-11-02, never traded	Options	0	$0.00	found on chain

Subaccount ids named by a settlement — not users, and not firms.