Naira (NGN) API and Price Oracle

The Naira price API returns real-time Nigerian Naira (NGN) price data sourced from aggregated trades across on-chain and off-chain exchanges. Developers integrate this API into applications requiring current exchange rates, such as payment processors, trading platforms, or financial dashboards that display Naira valuations against other assets.

DIA offers a Naira price API built by aggregating individual trade data across 100+ exchanges to produce verifiable market prices. A free endpoint is available on this page for testing and evaluation purposes only.

For production deployments or custom requirements, DIA builds dedicated Naira feeds configurable by data sources, pricing methodology, and update frequency. Developers can request these production-grade feeds via DIA's Discord or Telegram channels.

DIA publishes a free Naira price API endpoint on this asset page, available for developers to test and evaluate at no cost. The free endpoint aggregates trade data across multiple exchanges to deliver verified price feeds for Nigerian Naira.

The free endpoint is designed for testing and evaluation purposes only, not for production use. Developers requiring production-grade or customized Naira price feeds can request a dedicated feed configured to specific data sources, pricing methodologies, and update frequencies by contacting DIA via Discord or Telegram.

A blockchain price oracle is an external data provider that supplies verified market information from off-chain sources to smart contracts executing on-chain. Price oracles enable decentralized applications to access real-world asset prices and execute logic based on current market conditions.

DIA can deploy a Naira price oracle on any of its 60+ supported blockchains, delivering verified NGN price data that smart contracts can consume. DIA aggregates trade data from 100+ exchanges across on-chain and off-chain sources to construct accurate Naira feeds. The oracle infrastructure runs on Lasernet, DIA's Ethereum layer-2 rollup, which enables each feed to be independently verifiable on-chain. Custom Naira price oracles are configurable by data sources, pricing methodology, and update frequency, requested through DIA's Discord or Telegram channels for production deployments.

DIA's Naira price is constructed by aggregating individual trade data for NGN across numerous on-chain and off-chain exchanges, rather than relying on a single exchange or liquidity pool. This multi-source approach captures trading activity across the market to produce a price feed.

The sources and pricing methodology used in the calculation are transparent and publicly documented. For production deployments, the specific data sources, weighting, and update frequency can be configured to meet application requirements. Custom feeds are available upon request through DIA's Discord or Telegram channels.

A free API endpoint for testing is available on this asset's page, though production use requires a dedicated, configured feed.

Naira (NGN) is the fiat currency of Nigeria, making price feeds particularly useful for on-chain settlement and remittance protocols that bridge Nigerian banking systems with blockchain applications. A remittance platform could consume a Naira price feed to lock exchange rates at the moment a user initiates a cross-border transfer, protecting both sender and receiver from volatility during settlement delays.

Stablecoin issuers targeting Nigerian users can use Naira feeds to mint NGN-pegged tokens, enabling faster local transactions than traditional banking rails. Additionally, lending protocols accepting Naira as collateral require live price data to calculate loan-to-value ratios and trigger liquidations when collateral value shifts.

DIA aggregates Naira price data from multiple on-chain and off-chain sources, making the sourcing transparent and configurable rather than opaque. Developers can inspect which exchanges and data sources feed into a Naira price oracle.

For production use, DIA builds custom Naira feeds tailored to specific requirements: data sources, pricing methodology, and update frequency can all be adjusted to match application needs. This flexibility matters when Naira liquidity or trading patterns differ across venues.

Deployment spans 60+ blockchains, so a Naira feed works across multiple chains without rebuilding. Each feed is independently verifiable through Lasernet, DIA's Ethereum layer-2 rollup, removing reliance on external trust.

Developers can test the free price-feed API endpoint on this page. For production or custom requirements, request a dedicated feed via DIA's Discord or Telegram.