Every day, capital sits idle across the FX market.
Liquidity providers lock funds on custodial platforms, earning nothing while they wait for order flow.
@seunlanlege spent years building toward this problem before he ever named it. His journey began at TradeDepot, where a colleague introduced him to Bitcoin. Seun turned his curiosity into a career in blockchain, contributing to open-source projects and working at Parity Technologies on Ethereum, Substrate, and Polkadot. He later led research connecting Polkadot and Cosmos.
Then came the realization that would define everything after: "We could see that crypto was going to become a major part of the global financial system, but Africa would need its own infrastructure to participate fully."
With
@david_of_earth, he co-founded Polytope Labs and built
@hyperbridge, a secure interoperability protocol allowing blockchains to communicate and share liquidity. The final piece was stablecoins. Pairing intent-based trading with USD and non-USD stablecoins revealed something powerful: neobanks and fintechs could source on-demand liquidity onchain, eliminating the inefficient float that has long weighed on the industry.
That insight became
@hyperfx_finance.
Launched in July 2026, HyperFX is a non-custodial, onchain FX marketplace, beginning with Naira settlement through
@cngn_co. On one side, liquidity providers retain full control of their assets and earn baseline yields while awaiting order flow. On the other, fintechs integrate once and gain access to deep, ready liquidity - direct local-to-local and cross-border stablecoin swaps, settled atomically in seconds. No idle capital. No fragmented sourcing. No custodial risk.
The market is responding. HyperFX has processed more than $4.8 million in total transaction volume, 98% of it on Base, and is now pushing toward its next milestone: $10 million.
"We are building on Base because it combines comparatively high DeFi yields for stablecoins with the strongest concentration of local stablecoins, starting with
@cngn_co; a direct fit for HyperFX."
This was never just about infrastructure. It's about ensuring Africa and the fintechs serving it can participate fully in the global financial system.
@hyperfx_finance is built on
@base.