Loops House




Naira-Maker

Agents on Open Rails Hackathon
Links
Team
1 member- EKOwner
Ekarika N.
Overview
naira-maker is an autonomous cNGN/USDT market maker on Textile FX (Celo mainnet), built for the Open Corridors track. It runs 24/7 on a server through Stitch, with its own price feed and risk logic. A rate-shock guard tolerates Textile's roughly 3% structural premium over CoinGecko and halts only when that gap jumps. The spread was chosen from the order book and tested against takers, who paid about 35–55 bps over mid but not about 84. A ledger is read straight from Celo transfers, with maker fills kept separate from the agent's own swaps. Over 13 days on a ~$100 float: 17 real maker fills (plus 11 one-cNGN probes, excluded), about 745 USDT of volume, the maker side roughly break-even, and −2.89 USDT all-in, mostly its own day-one top-ups. We also report a failure: an inventory skew was round-tripped by a taker on Nov 5 (−0.47 USDT); we measured it and removed it. ERC-8004 agent #9995.
Full write-up with every fill linked to Celoscan: https://github.com/pope-h/naira-maker/blob/main/WRITEUP.md