Ether.fi Cash
Visaoptimismby ether.fiA DeFi-native, self-custodial Visa with up to 3% cashback and 1% FX.
$5.29M
Card spend · 24h (market)
64.3K
On-chain settlements · 24h
$3.89M
On-chain settled · 24h
$105.65M
On-chain spend · 30d▲ 16% MoM
54.2K
Cards that spent · 30d▼ 4% MoM
$70.45
Avg settlement
4.50M settlements all-time · last Fri, 11 Sep 2026 20:28:33 UTC. “Cards that spent” counts cards with on-chain settlements in the last 30 days — not total sign-ups or funded accounts, which are higher. Why two numbers? “Card spend” is the full purchase volume (market data, all chains). “On-chain settled” is what we independently verify from on-chain settlements on optimism + Scroll — more, smaller transfers, so the average looks lower.
Spend · daily
Card-rail market share · 30d (56.9%)
$185.7M
rail 30d
- Ether.fi Cash56.9%
- Other cards43.1%
openrate.live
Token mix · stablecoins
$317.3M
total
- USDC52.7%
- USDT35.9%
- liquidUSD6.5%
- EURC4.2%
- weEUR0.6%
- frxUSD0.1%
- liquidRESERV0.1%
openrate.live
Active cards · per day
Transactions · per day
Settlement address: 0x50a233c4a0bb1d7124b0224880037d35767a501c · optimism
Ether.fi Cash · card spend·last 24h
$2.25M↑ 22% MoM
Daily card volume · 2.3K cardholders · $966/holder
Optimism leads with 99% of volume
Top 5% drive 48% of spend
2 chains live
Tracked as spend · Rain
Card volume · monthly Live
$142M↑ 22% MoM
$159M$79M$0
12 mo agonow
💳24h Spend
Daily volume
$2.25M↑ 22%
Card spend · last 24h
👥Cardholders
Daily active
2.3K24h
$966 avg / holder
⚡Power Users
Top 5%
116$9.3K/day
drive 48% of all spend
🔗Lead Chain
Optimism
99%chain
of 24h settlement · 2 chains
Overview
Ether.fi Cash · key facts
- Card spend · 24h
- $2.25M
- Cardholders · 24h
- 2.3K
- Avg / cardholder
- $966
- Volume · 2026-08
- $141.52M (+22% MoM)
- Network
- Visa
- Issuer
- Rain
- Settlement
- Onchain spend
- Chains live
- 2
- Lead chain
- Optimism · 99%
- Countries
- 6
- Cashback
- 3.0%
- Valuation
- $320M (ETHFI mc)
- Revenue · yr
- $35.00M
- Net loss · yr
- −$1.00M
- Employees
- 68 · 13 hiring
Distribution
Ether.fi Cash volume by chain · 24h
Volume by chain · 24h
$2.2M
24h
- optimism98.8%
- ethereum1.2%
openrate.live
| # | Chain | Volume · 24h | Share |
|---|---|---|---|
| 1 | optimism | $2.22M | 99% |
| 2 | ethereum | $27.7K | 1% |
Cardholders
Who drives Ether.fi Cash's traffic
2.3K active · 24h34.0K monthly active✨ 12.3K new this month▲ 19% MoM· $966/holder avg
By cardholders · share of users
$2K
holders
- Whales1.0%
- Business4.0%
- Big spenders15.0%
- Small users80.0%
openrate.live
By money · share of 24h volume
$2.2M
24h vol
- Whales32.0%
- Business30.0%
- Big spenders26.0%
- Small users12.0%
openrate.live
The punchline: just 5% of Ether.fi Cash’s cardholders — the whales and businesses — move 62% of the money. Everyone else is mostly buying coffee.
| Cardholder type | Cardholders | % holders | Traffic · 24h | % of traffic | Avg / holder |
|---|---|---|---|---|---|
| 🐋 Whales · Top 1% — largest spenders | 23 | 1% | $718.7K | 32% | $31,249 |
| 🏢 Business · Steady high-volume accounts | 93 | 4% | $673.8K | 30% | $7,245 |
| 💪 Big spenders · Heavy personal users | 349 | 15% | $584.0K | 26% | $1,673 |
| 👤 Small users · Casual / occasional | 1.9K | 80% | $269.5K | 12% | $145 |
Monthly active cardholders
Spend-size tiers modeled from the 24h distribution; active & new-cardholder counts are real.
Card details
- Cashback
- 3.0%
- Monthly fee
- Free
- FX fee
- 1.0%
- ATM
- 2.0%
- KYC
- Full KYC
- OpenRate score
- 89
- Assets
- USDC, USDT, ETH, weETH
- Countries
- 6
- Best for
- DeFi-native spenders who want custody, yield and strong cashback
Pros
- Self-custodial settlement
- Up to 3% cashback (weETH)
- 0% FX on EUR (beta)
- Earns yield on collateral
Cons
- Not available in the US
- Top cashback caps at first $2k/mo
- $40 refundable deposit for some physical tiers