diff --git a/service/src/main/kotlin/io/provenance/explorer/domain/extensions/NavEventExtensions.kt b/service/src/main/kotlin/io/provenance/explorer/domain/extensions/NavEventExtensions.kt
new file mode 100644
index 00000000..62ac09bd
--- /dev/null
+++ b/service/src/main/kotlin/io/provenance/explorer/domain/extensions/NavEventExtensions.kt
@@ -0,0 +1,29 @@
+package io.provenance.explorer.domain.extensions
+
+import io.provenance.explorer.model.base.USD_LOWER
+import io.provlabs.flow.api.NavEvent
+import java.math.BigDecimal
+import java.math.RoundingMode
+
+/**
+ * Calculates the USD price per unit for a NAV event.
+ *
+ * The `priceAmount` is in dollar millis (e.g., 1234 = $1.234) and is divided by the volume to get the price per unit.
+ * If the `priceDenom` is not "usd" or the volume is 0, it returns `BigDecimal.ZERO`.
+ *
+ * @return The USD price per unit or `BigDecimal.ZERO` if not a USD event or volume is 0.
+ */
+fun NavEvent.calculateUsdPricePerUnit(): BigDecimal {
+    if (this.priceDenom != USD_LOWER) {
+        return BigDecimal.ZERO
+    }
+
+    if (this.volume == 0L) {
+        return BigDecimal.ZERO
+    }
+
+    return BigDecimal(this.priceAmount)
+        .setScale(3, RoundingMode.DOWN)
+        .divide(BigDecimal(1000), RoundingMode.DOWN)
+        .divide(BigDecimal(this.volume), 3, RoundingMode.DOWN)
+}
diff --git a/service/src/main/kotlin/io/provenance/explorer/service/PricingService.kt b/service/src/main/kotlin/io/provenance/explorer/service/PricingService.kt
index 651de33c..f029ea3a 100644
--- a/service/src/main/kotlin/io/provenance/explorer/service/PricingService.kt
+++ b/service/src/main/kotlin/io/provenance/explorer/service/PricingService.kt
@@ -10,6 +10,7 @@ import io.provenance.explorer.domain.core.logger
 import io.provenance.explorer.domain.entities.AssetPricingRecord
 import io.provenance.explorer.domain.entities.MarkerCacheRecord
 import io.provenance.explorer.domain.entities.MarkerCacheTable
+import io.provenance.explorer.domain.extensions.calculateUsdPricePerUnit
 import io.provenance.explorer.domain.extensions.toDateTime
 import io.provenance.explorer.domain.models.explorer.AssetPricing
 import io.provenance.explorer.grpc.flow.FlowApiGrpcClient
@@ -55,7 +56,7 @@ class PricingService(
                     marker = marker,
                     markerDenom = price.denom,
                     pricingDenom = price.priceDenom,
-                    pricingAmount = BigDecimal(price.priceAmount).setScale(3).divide(BigDecimal(1000)),
+                    pricingAmount = price.calculateUsdPricePerUnit(),
                     timestamp = DateTime(price.blockTime * 1000)
                 )
             } else {
diff --git a/service/src/test/kotlin/io/provenance/explorer/domain/extensions/NavEventExtensionsKtTest.kt b/service/src/test/kotlin/io/provenance/explorer/domain/extensions/NavEventExtensionsKtTest.kt
new file mode 100644
index 00000000..62611a62
--- /dev/null
+++ b/service/src/test/kotlin/io/provenance/explorer/domain/extensions/NavEventExtensionsKtTest.kt
@@ -0,0 +1,58 @@
+package io.provenance.explorer.domain.extensions
+
+import io.provlabs.flow.api.NavEvent
+import org.junit.jupiter.api.Assertions.assertEquals
+import org.junit.jupiter.api.Test
+import java.math.BigDecimal
+
+class NavEventExtensionsKtTest {
+
+    @Test
+    fun `test calculateUsdPricePerUnit for flow nav events`() {
+        val usdDenom = "usd"
+        val nonUsdDenom = "non-usd"
+
+        val navEventUsdVolume1Price1 = NavEvent.newBuilder()
+            .setPriceAmount(1)
+            .setPriceDenom(usdDenom)
+            .setVolume(1L)
+            .build()
+
+        val navEventUsdVolume1Price12 = NavEvent.newBuilder()
+            .setPriceAmount(12)
+            .setPriceDenom(usdDenom)
+            .setVolume(1L)
+            .build()
+
+        val navEventUsdVolume1Price123 = NavEvent.newBuilder()
+            .setPriceAmount(123)
+            .setPriceDenom(usdDenom)
+            .setVolume(1L)
+            .build()
+
+        val navEventUsdVolume1Price1234 = NavEvent.newBuilder()
+            .setPriceAmount(1234)
+            .setPriceDenom(usdDenom)
+            .setVolume(1L)
+            .build()
+
+        val navEventNonUsd = NavEvent.newBuilder()
+            .setPriceAmount(1234)
+            .setPriceDenom(nonUsdDenom)
+            .setVolume(1L)
+            .build()
+
+        val navEventZeroVolume = NavEvent.newBuilder()
+            .setPriceAmount(1234)
+            .setPriceDenom(usdDenom)
+            .setVolume(0L)
+            .build()
+
+        assertEquals(BigDecimal("0.001"), navEventUsdVolume1Price1.calculateUsdPricePerUnit(), "Price amount 1 should be converted to 0.001")
+        assertEquals(BigDecimal("0.012"), navEventUsdVolume1Price12.calculateUsdPricePerUnit(), "Price amount 12 should be converted to 0.012")
+        assertEquals(BigDecimal("0.123"), navEventUsdVolume1Price123.calculateUsdPricePerUnit(), "Price amount 123 should be converted to 0.123")
+        assertEquals(BigDecimal("1.234"), navEventUsdVolume1Price1234.calculateUsdPricePerUnit(), "Price amount 1234 should be converted to 1.234")
+        assertEquals(BigDecimal.ZERO, navEventNonUsd.calculateUsdPricePerUnit(), "Non-USD denomination should return 0")
+        assertEquals(BigDecimal.ZERO, navEventZeroVolume.calculateUsdPricePerUnit(), "Zero volume should return 0")
+    }
+}