The short version
The headline numbers
Crypto researcher @0xVishnya published per-card volume figures comparing September 2025 with September 2026. The market total went from $403M to $1.22B, a new record. His tracking methodology is not published, so read these as his figures, attributed below, rather than independently verified data.
| Card | Sep 2025 | Sep 2026 | Growth |
|---|---|---|---|
| Tria | $156K | $16.7M | 108x |
| Kolo | $1.2M | $19.6M | 16x |
| Karta | $3.1M | $49.5M | 16x |
| Avici | $240K | $3.8M | 16x |
| Tuyo | $227K | $2.1M | 9.4x |
| ether.fi | $24.1M | $128.8M | 5.4x |
| Karta io | $3.3M | $16.7M | 5.1x |
| KASTTop-up volume | $58.6M | $213.4M | 3.6x |
| Bitget Wallet | $920K | $1.8M | 2x |
| RedotPayTop-up volume | $304.8M | $537.9M | 1.8x |
| Avalanche Card | $1.6M | $2.8M | 1.7x |
| Exa | $1.0M | $1.7M | 1.7x |
The KAST and RedotPay figures are top-up volume (funds loaded), not card spend, so they are not directly comparable to the spend figures. Four newer programs were only tracked from this year, so no growth multiple applies:
| Newer program | Sep 2026 volume |
|---|---|
| Wirex One | $47.6M |
| Plasma | $25.6M spent |
| COCA | $9.3M |
| Ethena Pay | $1.6M |
The fastest growers are mostly self-custodial
Look at the top of the growth table and a pattern stands out. Tria (108x), Kolo (16x), Avici (16x), and Tuyo (9.4x) are all young programs, and most of them market themselves as self-custodial: your funds stay in wallets you control rather than on a company balance sheet. ether.fi, the largest self-custodial program by absolute spend at $128.8M, grew 5.4x.
That matches what we see across the catalog. The market is shifting away from exchange-style custodial cards toward programs where a shutdown does not strand your balance. If that matters to you, our issuers page shows who actually holds your money for each card, brand by brand.
RedotPay still owns the absolute numbers
Growth multiples flatter small programs. In absolute terms, RedotPay remains the giant: $537.9M topped up in September 2026, up 1.8x from $304.8M a year earlier. That is nearly half of the entire $1.22B market. KAST is the other volume heavyweight at $213.4M topped up, 3.6x up. No other program is within a factor of two of RedotPay.
Some programs shrank
Not everything grew. Gnosis, MetaMask, Solayer, BFinance, and SafePal all did less volume than a year ago. Gnosis has a clear explanation: Gnosis Pay is winding down its consumer card on December 20, 2026, pivoting to B2B, so falling volume ahead of a announced shutdown is expected. For the others, the figures suggest users are migrating to the faster-growing programs above. We track discontinued programs on the card graveyard page.
What this means if you are choosing a card
- Growth is a signal of adoption, not a recommendation. A card growing 16x can still have fees or cashback caps that make it wrong for you.
- The self-custodial trend is real: the fastest growers mostly keep funds in your control. Check the custody model before you apply, because it decides what happens to your money if the program shuts down.
- Absolute volume still concentrates in a few programs. If network effects and longevity matter to you, RedotPay and KAST dominate the totals.
- Do the cashback math on your actual monthly spend. Headline rates are ceilings; caps and tiers decide what you really earn. Our effective cashback page runs the numbers at $500, $1,000, and $2,000 of monthly spend.
A note on where these numbers come from
There is no official, public, per-card volume feed for the crypto card industry. The data provider paymentscan aggregates issuer-submitted data but offers no public API, and the largest programs settle off-chain through Visa, so there is nothing to count on-chain. Independent researcher tracking, like the figures above, is currently the best public window into program-level volume. We attribute the figures to their source and flag where metrics differ (spend vs top-ups) so you can read them honestly.
Frequently asked questions
Where do these crypto card spending figures come from?
The per-card figures come from crypto researcher @0xVishnya, who published them in an October 14, 2026 post on X comparing September 2025 with September 2026. His tracking methodology is not published, so treat these as his figures, not ours. The industry data provider paymentscan aggregates issuer-submitted data but has no public API, so independent per-card tracking like this is currently the best public window into program-level volume.
Why do some figures say spent and others say topped up?
Different programs report different metrics. Most figures in the table are card spend, but the KAST and RedotPay figures are top-up volume (money loaded onto the card), which is not the same as money spent. Treat spend and top-up figures as related but not directly comparable.
Which crypto card grew the fastest?
Tria, by a wide margin: from $156K in September 2025 to $16.7M in September 2026, roughly 108x. Kolo, Karta, and Avici each grew about 16x, and Tuyo grew 9.4x. All five are relatively new programs, mostly self-custodial.
Which crypto card has the highest volume?
RedotPay, by a wide margin: $537.9M topped up in September 2026, nearly half of the $1.22B market total. Among self-custodial programs, ether.fi leads on absolute spend at $128.8M.
Why did Gnosis shrink?
Gnosis Pay is winding down its consumer card: the card stops working on December 20, 2026, as the project pivots to B2B. Falling volume ahead of a announced shutdown is expected. We track discontinued programs on our card graveyard page.
Does fast growth mean a card is better?
No. Growth measures adoption, not quality. A fast-growing card can still have high fees, weak cashback caps, or a custody model you would not accept. Before choosing, check who actually holds your money, run the cashback math on your real monthly spend, and read the fee schedule. Growth tells you where the market is moving; it does not tell you which card fits you.