Ethena Pay vs Plasma One
Side by side at your spend: what each card keeps after fees and FX, where you can get it and what it includes.
a month in
Ethena Pay keeps $46.58 more a month than Plasma One at this spend.
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| Detail | Ethena Pay | Plasma One |
|---|---|---|
| Plan at this spend | Standard | Core |
| Paid in | AVAX | XPL |
| FX on your spend | 0% | 0% |
| Yearly fee | None | $199 |
| Network | Visa | Visa |
| Card type | Credit | Prepaid |
| Custody | Self-custody | Self-custody |
| Available in | Asia-Pacific, Elsewhere | UK, EU, Canada, Australia, Asia-Pacific, Elsewhere |
| Perks | Earn yield | Lounge access, Travel insurance, Purchase protection, Concierge, Discounts & offers, Earn yield, Metal card |
General information only. These figures are calculated from the spend you enter and the card terms we've collected. We haven't considered your objectives, financial situation or needs, and this isn't a recommendation. Consider whether a card suits you and read the provider's terms before applying. Figures are estimates; terms change; crypto is volatile.
Ethena Pay
- 4% back on the first $2,500 a month on the free Standard tier
- No issuance, monthly or subscription fee, and no Ethena Pay FX markup
- Self-custodial: the card is secured by assets in your own wallet
- Cashback is paid in AVAX, so its dollar value moves with the market
- Standard pays 1% from $2,500 to $4,000 and nothing above $4,000 a month
Plasma One
- Entry 2% cashback free, no fee, no stake (Lite)
- Low/zero FX markup by tier (~1% / ~0.5% / 0%)
- Self-custodial stablecoin balance (you own the funds)
- Cashback accrues in USD but is PAID IN XPL, token-price volatility
- US residents excluded
More: other comparisons, every card at your spend, or the cashback list.