Frequently
Asked Questions
Last Updated on 12th May, 2025.
What is IFÁ Labs?

IFÁ Labs is a trustless oracle network providing accurate, real-time data for stablecoins and other financial instruments - onchain and offchain.

Which stablecoins and currencies do you support?

We’ll support all local stablecoins on Base like cNGN, USDC, EURC, BRZ, CADC, IDRX, MXNe, ZARP, NZDD, TRYB, and popular cryptocurrencies like BTC, ETH, BNB, XRP, and more.

How can developers use IFÁ Labs?

Developers can access our onchain price feeds, historical data APIs, and swap to build or integrate financial applications.

What types of projects can use IFÁ Labs?

Any project that needs accurate stablecoin and financial data - like DeFi protocols, fintech apps, cross-border payment systems, and wallets.

What chains does IFÁ Labs support?

We are mult-chain by design, currently live on Base. Our infrastructure is compatible with all EVMs.

What is the IFÁVERSE?

IFÁVERSE is the ecosystem layer of IFÁ Labs - a suite of products that are built on our oracle infrastructure.

What is IFÁ Swap?

IFÁ Swap is a native product that allows direct stablecoin-to-stablecoin swaps, powered by verified price feeds from IFÁ Labs.

What is “proof-of-source” in IFÁ Labs?

“Proof-of-source” is our commitment to verifiable and transparent data origin, ensuring all price feeds come from audited and trusted sources. Means all price data are publicly auditable.

Is IFÁ Labs a blockchain?

No, IFÁ Labs is not a blockchain. We’re a multi-chain oracle infrastructure that brings real-world data to existing blockchains and protocols.

Does IFÁ Labs have a native token?

Currently, we are focused on infrastructure and adoption. A native token may be introduced later as part of governance.

What problem is IFÁ Labs solving?

We’re solving the lack of stablecoin data onchain ecosystems, especially for underrepresented currencies.

Can anyone contribute data to IFÁ Labs?

Not yet. We only accept data from verified and whitelisted providers, but we plan to decentralize data contributions in the future.

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