OpenRate
On-chain study · 4,572,821 transactions · as of 2026-06-21

How people actually farm crypto-card rewards

We index every on-chain settlement across 13card programs. This is a study of the wallets quietly farming cashback & airdrops — verified real people, with bots and business accounts filtered out. Observation only, not a playbook.

4,572,821
card transactions
184,358
cards tracked
$368.8M
spend indexed
13
card programs
Most farmed right now

Plasma One

The card everyone's farming right now — cashback paid in XPL, a Platinum tier that locks 100k XPL, and a launch airdrop everyone's positioning for.

$10.5M
spend indexed
6,974
cards farming
56,884
settlements
156
days live
Plasma One card data

How we're sure it's a real farmer

  • Not an operator — cross-checked against every card's settlement / orchestrator address.
  • Contracts are normal — every card wallet is a smart account; that alone proves nothing.
  • Amount-variety test — real people spend unique amounts (~100%); bots repeat (~0%).
  • Bots & business removed — dust-spam and multi-million 3-day bursts are filtered out.

The farms

Three verified wallets, three ways to farm. Spend is exact (on-chain); rewards are estimated from each card's published cashback rate, which is tier-dependent.

The Streaker0xd5f4…44e4 ↗

Spends every day a Plasma card can settle

Plasma One · plasma
Estimated rewards earned
$2K–$4K
on $107K spent · 2–4% cashback
$107K
spent
118
purchases
112/114
active days
98%
consistency
100%
amount variety
$906
avg purchase

Runs meaningful spend through a Plasma One card almost every single day since launch — maximising daily-streak cashback (paid in XPL) and airdrop positioning.

The on-chain tell: 118 settlements, every one a different amount (100% variety = human), active 112 of 114 days. Holds a live USDT0 balance.
On-chain: a Plasma One card smart-account settling USDT0 in Plasma's daily batches — not an operator or bot.
The Whale0x29f1…05f2 ↗

Six-figure spend chasing tier + allocation

Plasma One · plasma
Estimated rewards earned
$13K–$27K
on $670K spent · 2–4% cashback
$670K
spent
96
purchases
96/103
active days
93%
consistency
100%
amount variety
$6,974
avg purchase

Pushes very large daily volume through a Plasma One card — the kind of spend that targets the top cashback tier and the largest airdrop allocation. ~$7k a day, every day.

The on-chain tell: $669k across 96 settlements, all unique amounts, active 96 of 103 days. Genuine card (not an operator sink).
On-chain: same Plasma One card-account type as the streaker — a genuine sender in Plasma's daily settlement batches.
The Daily Grinder0xaff1…a5d1 ↗

Small spends, every single day, for months

Gnosis Pay · gnosis
Estimated rewards earned
$186–$929
on $19K spent · 1–5% cashback
$19K
spent
481
purchases
144/147
active days
98%
consistency
88%
amount variety
$39
avg purchase

Puts a handful of small real purchases on the card every day to keep the cashback meter running. Low ticket, high frequency, never misses a day — the textbook consumer cashback farm.

The on-chain tell: 481 purchases, 88% of them unique amounts (real spending, not a bot), active 144 of 147 days. Funds the card via DEX swaps (CoW Protocol).
On-chain: a Gnosis Safe — i.e. a real Gnosis Pay card (Safe singleton confirmed) — not a contract operator.

The multi-card farmers

The sharpest farmers don't run one card — they run several, collecting rewards on each. On-chain, every card is its own smart wallet, so you can't spot this from the card address alone. We link them by their shared funding wallet: the personal wallet that tops up cards across different programs.

Link by funder
Trace who tops up each card. One wallet funding cards across Plasma One, Gnosis Pay & more = the same farmer, multi-carding.
Score the ring
Group every card behind a funder into one entity — total spend, total estimated rewards, cards held.
Rank the operators
Surface the biggest multi-card reward operators (and any sybil rings spun up purely for airdrop allocation).

Building now: a cross-card funding index is being scanned. This section will fill with real multi-card farmers as the data lands.

What we filter out

Too-good-to-be-true wallets that aren't real consumer farming — removed before anything above is counted.

Excluded · Automated bot0xa493…14fd ↗
51,485 transactions of exactly $0.01 in one week (0% amount variety).
A factory-deployed (beacon-proxy) card account run by a script — dust to inflate transaction count. (Ether.fi Cash)
Excluded · Automated smart-account0x9fb0…54de ↗
$2.95M across 900 transactions in just 3 days.
A ZeroDev (Kernel) account-abstraction wallet moving settlement-scale volume programmatically — not a consumer. (Wirex)
On the numbers. Spend is real, indexed from on-chain settlements as of 2026-06-21. Rewards are estimated(spend × each card's published cashback rate) until we index the on-chain cashback contracts directly — that upgrade will show each wallet's actual earnings and return. This page is an observational study of public on-chain activity; it is not advice and not a guide.