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 — $1.31B across 29 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 · 2026-08 | MoM | Users | Cashback | Valuation |
|---|---|---|---|---|---|---|
| 01 | $533.5M | +4% | 270.9K | 2–3% | $2–3B | |
| 02 | $141.5M | +22% | 34.0K | tiered | $320M (ETHFI mc) | |
| 03 | $94.4M | -57% | 24.8K | cash / points | $600M | |
| 04 | $56.6M | +51% | 24.3K | XPL token | $236M (XPL) | |
| 05 | ~$50.0M? | — | — | 0.5–2% NEXO | — | |
| 06 | $43.7M | -25% | — | n/a | n/a | |
| 07 | $14.0M | -13% | 13.4K | TRIA token | $12M (TRIA mc) | |
| 08 | $8.3M | -0% | 7.2K | GNO token | $282M (GNO mc) | |
| 09 | $3.8M | -32% | 18.4K | — | — | |
| 10 | $2.9M | -14% | 3.6K | — | — |
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. 20 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