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Crypto data and media

Africa’s stablecoin economy, measured and reported.

We track Africa’s stablecoins wallet by wallet and publish what we find. Read it free here and in the newsletter, or work with it in the AfriFlux Terminal.

26 venues4 protocols882,653 walletsdata through Oct 30, 2026
Trusted by
Spenda
Daya Pro
Raenest

Venue volume · lifetime

$4.03B

▲ 13.80% QoQ

Active wallets · distinct

882,653

▲ 17.60% QoQ

Business flow · lifetime

$11.05B

▲ 39.20% QoQ

Largest category

Exchanges

72.40% of volume

Fastest growing

Neobanks

▲ 28.60% QoQ

Basis: Q3 '26, last complete quarter · 25 live venues · 14 chains · 3 business books · USDT, USDCOpen the full market snapshot

AfriFlux Growth Index · September

Who’s growing, and how steadily.

Spenda leads September. Roqqu climbed fastest.

Every venue we track, ranked monthly on growth, not size.

#VenueGradeΔ
  1. 01SpendaofframpsA▼ 1.8
  2. 02MonicaofframpsBBB▲ 5.5
  3. 03Flutterwavebusiness_paymentsBBB▲ 5.0
  4. 04RoqquexchangesBBB▲ 7.2
  5. 05TimonneobanksBBB—

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AfriFlux Terminal
Touring

Today · Your feed

What matters now, then an end

A short ranked feed: your group, what changed for you and your competitors, a fresh reading on a quiet day. Each post answers in place and opens the analysis behind it.

1 / 7
Sample feed

Your group

This week

Where your venue stands against the peers you benchmark, before anything else.

Competitor benchmark

Today

Share gain

A benchmarked competitor gained category share this quarter

Driven by returning wallets rather than new arrivals — the evidence and peer history sit behind the post.

Trail

Yesterday

At risk

More of your wallets also used a peer this month

See which peers they used, what they moved, and which cohorts are drifting.

Around the market

Q3 '26

Fresh reading

Neobanks is the fastest-growing category, +28.6% quarter on quarter

$4.03B measured venue volume across 882,653 active wallets.

You're caught up · the feed ends here

Market and cNGN figures from the latest published edition · feed posts and peers are illustrative

Customers

In their words.

Independence. Some of the companies we work with are venues we measure. Coverage and commercial relationships are kept separate: every venue's volumes, wallets and standing are computed from on-chain data on the same published method, and nothing a venue pays for changes what we publish about it.

As an Africa-focused company, Spenda chose to work with AfriFlux to gain deeper stablecoin market intelligence that will support our growth and expansion across the continent in the coming quarters.
Spenda
In the press

Who has already cited us.

Newsrooms and newsletters that have used our work, and the page it came from.

See all 10 outlets that have cited us →

Citations, not endorsements. None of these outlets are customers.

Newsletter

Every article, and the week in one number.

$176.23M

total stablecoin volume, week of Oct 19 – 25

Monday 26 OctRead the issue →

Every new article, plus The Sweep on Mondays. No sales sequence, no sharing your address.

Title card: $176.23M in total stablecoin volume for the week of 19 to 25 October, up 9.1%, with Obiex at 68.8% of the market and deposits down 9.2% to 184,039.

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