Compliant Naira
CNGN Rank #2198Price chart
What is Compliant Naira?
Overview
cNGN is a stablecoin that represents Nigerian Naira on public blockchains. It facilitates remittances, international commerce, and trade by allowing Naira to move across blockchain networks at near-instant speeds and reduced costs compared to traditional financial infrastructure. The token serves both domestic and global payment use cases.
How it works
cNGN is deployed across multiple blockchains including Base, Ethereum, BNB Chain, Solana, Polygon, and Lisk. Users can transact with cNGN on any of these networks, leveraging blockchain settlement speed while maintaining a fixed value relative to the Nigerian Naira.
Peg and backing
cNGN maintains a 1:1 peg with the Nigerian Naira through reserves held in designated commercial banks. The token is fully collateralized by Naira deposits, ensuring redemption at face value and price stability.
Supply
Total supply is approximately 3.55 billion cNGN tokens with no stated maximum supply cap. Token issuance is tied to Naira reserves deposited into the backing banks.
Where to trade CNGN
2 exchanges · top 10
Live spot quotes from connected exchanges
CNGN funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.