Naiad, named after the naiads of Greek legend, is the innermost satellite of Neptune and the nearest to the center of any gas giant with moons with a distance of 48,224 km from the planet's center. Its orbital period is less than a Neptunian day, resulting in tidal dissipation that will cause its orbit to decay. Eventually it will either crash into Neptune's atmosphere or break up to become a new ring.

In astronomy, an inner moon or inner natural satellite is a natural satellite following a prograde, low-inclination orbit inwards of the large satellites of the parent planet. They are generally thought to have been formed in situ at the same time as the coalescence of the original planet. Neptune's moons are an exception, as they are likely reaggregates of the pieces of the original bodies, which were disrupted after the capture of the large moon Triton. Inner satellites are distinguished from other regular satellites by their proximity to the parent planet, their short orbital periods, their low mass, small size, and irregular shapes.