Loops House

NairaQuote

Agents on Open Rails Hackathon
Team
1 member- GEOwner
georgeterlumun3
Overview
NairaQuote is an autonomous market-making agent for the cNGN/USD₮ corridor on Textile FX, live on Celo mainnet.
When a trader asks Textile for a naira or dollar quote, NairaQuote prices it in real time from a live NGN/USD reference rate, its own inventory and current market volatility. It widens spreads when the naira is moving fast, skews prices to pull its inventory back toward a target, and caps quote sizes to keep risk bounded, rather than charging the same fixed spread on every trade.
The agent has its own ERC-8004 identity, tags every transaction with its ERC-8021 attribution code, and publishes a live dashboard of quotes answered, fills, inventory and P&L.
The goal: deeper, fairer naira liquidity for Nigerians and businesses moving between cNGN and dollar stablecoins