Crypto Card Rankings, by what they actually process.
Every other card ranking is sorted by affiliate payout. This one is sorted by on-chain settlement we measure daily — $1.69B across 35 programs last month. Below: the cards people actually use. Custodial cards can't be verified on-chain — Nexo appears as a clearly-marked estimate; the rest are listed separately below.
| # | Card | Volume · 2026-10 | MoM | Users | Cashback | Valuation |
|---|---|---|---|---|---|---|
| 01 | $555.5M | +3% | 239.9K | 2–3% | $2–3B | |
| 02 | $230.3M | +8% | 44.7K | cash / points | $600M | |
| 03 | $172.4M | +11% | 30.5K | tiered | $320M (ETHFI mc) | |
| 04 | $75.8M | -26% | 23.9K | XPL token | $236M (XPL) | |
| 05 | $53.6M | +8% | — | n/a | n/a | |
| 06 | ~$50.0M? | — | — | 0.5–2% NEXO | — | |
| 07 | $15.8M | -6% | 11.6K | TRIA token | $12M (TRIA mc) | |
| 08 | $6.1M | -20% | 6.3K | GNO token | $282M (GNO mc) | |
| 09 | $4.9M | -21% | 5.8K | — | — | |
| 10 | $3.4M | +1% | 4.1K | — | — |
Volume = settled on-chain card volume for the latest complete month (OpenRate index / Paymentscan-reconciled), refreshed daily. Nexo's figure is an estimate from its own disclosures (its own disclosures — Q4 2023 $50.3M/quarter, claimed +203% 2024 growth, assumed to continue) — custodial, unverifiable, excluded from market totals. 26 smaller tracked programs not shown — full list on the daily tracker.MoM compares the last two complete months. Cashback & valuation from the OpenRate economics model — company-disclosed where noted on /economics.
Unranked — the cards that run dark
Fully custodial cards settle on private rails and leave nothing on-chain to measure. We don't rank what we can't verify — self-reported numbers are shown for context only.
Crypto.com Visa
not verifiableOnce the biggest crypto card by marketing spend; rewards cut repeatedly (2022 → 2026 "Level Up" defaults to 0% cashback). No volume disclosure.
Bybit Card
not verifiableExchange-custodial card. No settlement footprint, no published volumes.
Binance Card
not verifiableDead — dropped by both Mastercard (Sept 2023) and Visa (2023).
How this ranking works
- · Every ranked program settles card activity on public blockchains — we index those settlement transactions directly, daily.
- · No affiliate links, no pay-for-placement. A card moves up by processing more real spend, nothing else.
- · Custodial cards (Nexo, Crypto.com, exchange cards) are structurally unmeasurable and stay unranked regardless of size.
- · Deep dives: economics · daily tracker · head-to-head · who uses them