SACE Index is a blockchain-native token tracking Africa’s top 21 performing national currencies with a combined value of $2.3 trillion USD and benchmarked against the U.S. Dollar Index (DXY).
News
November 23, 2025
AfrailX Secures $402.5 Billion USD Financing Allocation Through SACE Index to Build Africa’s First Smart Mobility & Infrastructure Network Powered by CillarCoin
Why SACE?
Synthetic African Currency Exchange (SACE Index) is a BEP-20 native token representing a weighted basket of Africa's top 21 performing national currencies, collectively valued at more than $2.3 trillion USD. Benchmarked directly to the U.S. Dollar Index (DXY), SACE Index is inspired by global benchmarks such as the Dow Jones Industrial Average (DJIA), S&P 500, NASDAQ 100, and the DXY. It provides a unified, tradable instrument enabling investors, institutions, and policymakers to track and trade Africa's collective currency strength through a single token: the SACE Index.
Traders and investors around the world gain exposure to the collective performance of Africa's top 21 performing national currencies against the US Dollar Index (DXY) — all through a single on-chain instrument — the SACE Index. When the combined basket of African currencies strengthens relative to DXY, the value of SACE Index rises, creating direct opportunities for price appreciation.
Beyond macro appreciation, users can profit through hedging, arbitrage, and volatility trading. Because SACE delivers real-time, oracle-secured FX data, sophisticated traders can capture spreads between African FX markets, synthetic prices, and exchange-listed SACE pairs. This provides both retail and institutional traders with a unified, transparent, and liquid way to trade Africa's currency performance.
As the SACE Index ecosystem grows, additional yield pathways may emerge, including staking, index-based liquidity pools, and structured FX products. Exchanges, brokers, and fintechs also benefit from listing SACE through trading fees, spreads, and innovative derivative offerings.
Overall: SACE Index creates a new revenue frontier for anyone interested in African markets—retail FX traders, DeFi platforms, hedge funds, and institutions—while bringing Africa's currency performance on-chain through transparent, verifiable, and tamper-resistant pricing.
Who Uses SACE?
SACE Index is designed to serve a broad spectrum of users across the globe, providing a single, on-chain instrument that represents the top 21 performing African national currencies:
- Retail FX Traders: Everyday forex traders seeking exposure to African currency markets in a simplified, transparent, and real-time manner.
- Institutional Traders & Hedge Funds: Entities looking for a reliable synthetic FX benchmark to hedge or gain exposure to African currencies.
- DeFi & Crypto Platforms: Decentralized exchanges, lending protocols, and stablecoin systems that require accurate African FX pricing.
- Payment & Settlement Systems: Fintechs and banks that need a trusted, tamper-resistant reference for cross-border payments and settlements.
- Government Agencies & Research Institutions: Organizations analyzing Africa’s economic performance relative to other economies, leveraging SACE’s benchmarking against the US Dollar Index (DXY).
Built entirely on-chain with oracle-secured pricing and a fully transparent methodology, SACE Index functions as Africa’s first blockchain-native currency index, combining convenience, transparency, and real-time pricing for all its users.
Ecosystem
The SACE Index ecosystem represents one of the most ambitious fintech and digital currency infrastructure projects emerging from Africa. Built to facilitate the tokenization, trading, and synthetic valuation of African currencies through a transparent, on-chain ecosystem, SACE aims to redefine intra-African and international currency interaction. Explore the Independent Financial and Economic Review of SACE, prepared independently in the style of major financial consultancies.
Tokenomics
SACE Index represents the combined economic strength of Africa's top 21 performing national currencies, with a collective valuation exceeding $2.3 trillion USD, and each SASE token is initially priced at $23 USD, proportionally reflecting this aggregated macroeconomic value across the continent's diverse economies. This data-driven valuation establishes SACE as a transparent and credible benchmark for tracking and trading Africa's collective currency performance on-chain. For a complete breakdown of the token design, structure, and IEO framework, see the SACE Tokenomics IEO Framework.
Benchmarking
SACE Index is benchmarked against the U.S. Dollar Index (DXY) rather than a single U.S. Dollar. This pairing anchors SACE's value to the real-world strength of the U.S. Dollar relative to a basket of major global currencies — EUR, JPY, GBP, CAD, SEK, and CHF. Through its on-chain, upgradeable UUPS architecture, SACE integrates DXY price feeds from trusted oracles, ensuring transparency, macroeconomic stability, and alignment with global market movements.
By using the DXY as its benchmark instead of a fixed USD peg or a stablecoin pair such as USDT, SACE mirrors the global performance of the U.S. Dollar across multiple economies. This approach provides a more comprehensive and resilient reference for value, minimizing exposure to single-currency volatility and enhancing the token's role as a synthetic representation of Africa's aggregated macroeconomic strength within the global financial landscape, explore the SACE Benchmarking Against DXY framework.
Methodology
Building the SACE Index is far more complex than creating a standard token. SACE tracks 21 African national currencies in a weighted basket while also benchmarking against DXY — a traditional financial index not built for blockchain environments. Unlike typical DeFi assets, DXY has no public on-chain feeds, and its complex geometric weighted formula measures USD strength against six major global currencies (Euro, Yen, Pound, Canadian Dollar, Krona, Swiss Franc). To bridge this gap, SACE employs a hybrid oracle system that combines traditional financial pricing with blockchain-native computation, enabling fully transparent on-chain index calculations.
SACE's innovation lies in its ability to compute a 21-currency weighted basket, maintain high-frequency price updates, and benchmark against DXY using custom logic — all on-chain. It is not just a token; it is a next-generation pricing and index infrastructure for the African digital economy, offering unprecedented transparency, accuracy, and accessibility for traders, investors, and institutions. Explore the SACE Contract Flow methodology.
System Architect
The SACE System Architect is composed of the SACE Proxy & Implementation, together with SACEOracleRegistry and SACEPriceUpdater, with Security and Governance enforced via a Gnosis Safe multisig controlling all critical operations. It includes a System Flow Diagram providing an end-to-end overview of the oracle → updater → proxy pipeline. For the complete architecture, detailed deployment information, and flow diagrams, see the full documentation: SACE System Architect.
Trade SACE
SACE Index is a first-of-its-kind synthetic index designed to provide investors with a new digital gateway to track and trade Africa's collective economic performance on-chain.
Getting started:
- Set up a wallet
Install a BEP-20 compatible wallet such as MetaMask or Trust Wallet. - Add BNB
Fund your wallet with BNB to cover transaction (gas) fees on BNB Smart Chain. - Create an Account
Register on an authorized centralized exchange (CEX) where SACE is listed (complete your KYC verification to enable trading and withdrawals). - Deposit Funds
Deposit supported currencies such as USD, EUR, or USDT into your trading account. - Buy SACE
Search for the SACE trading pair (SACE/DXY) on the exchange. Enter the amount you wish to buy and confirm your purchase. - Secure Your Tokens
For long-term storage, withdraw your purchased SACE tokens to your BEP-20 compatible wallet such as MetaMask or Trust Wallet.
Note: Only purchase SACE from verified exchange listings and always confirm the official contract address before transferring or storing tokens.
About SACE
SACE is the flagship brand of Abba Platforms, a privately held holding company based in Oshakati, Namibia and New York City, USA, which owns and oversees independently managed subsidiaries in financial services, smart infrastructure, and digital connectivity, including Afrail. SACE was created in October 2025 by Simon Kapenda, founder of Abba Platforms and the creator of Abba App — a leading peer-to-peer mobile payment and digital wallet platform, CillarCoin — a programmable BEP-20 utility token built for smart mobility fare payments and digital ticketing, and Namibia Digital Dollar — Namibia's first blockchain-native stablecoin pegged 1:1 to the Namibian Dollar.
Complete documentation & codebase:
https://github.com/abba-platforms/SACE
BNB Smart Chain Contract Address:
0x9F6d0EDc0eB6BBa34F06CeC4fbA7f91bb4600F73
Contact Us
SACE
Oshakati, Namibia
Email: info@sacex.io