Visa

Ethena Pay

4.0/10Overall score

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Card mode

Self-custodial

Card type

Debit

Mobile payments

Google PaySupportedApple PaySupported

Spend Top-up

Payment activity

30D volume

$1.5M+490.50%

7D volume$476.6K

30D transactions16,022

About the project

Ethena Pay is a self-custodied digital bank (Neobank) application launched by Ethena Labs, a synthetic dollar protocol, designed to seamlessly integrate the stablecoin USDe with everyday payments, savings, and global transfers.

Fees & rules

01GETTING STARTED

Virtual card application: $0

02SPENDING & CONVERSION

Base transaction fee: --
ATM withdrawal: --
Foreign currency transaction: --
Small transaction fee: --
Refund fee: --
Declined transaction fee: --
Crypto / fiat conversion: --

03REWARDS

Cashback: 4%

-- means data is unavailable, not that the fee is zero.

Team & investors

Team 10

Guy YoungFounder & CEO

Elliot ParkerCOO

Nick ChongHead of Strategy

Conor RyderHead of Research

Lito CoenGTM Lead(Etnena Pay)

chudHead of DeFi Strategy

StevenHead of Institutional Growth

Recent news

2026-09-26Ethena: Starting at the end of this month, USDe token incentives and inflation will be completely reduced to zero 2026-09-25Ethena incorporates tokenized assets of US stocks into its USDe support strategy: plans to hedge through Binance stock perpetual contracts 2026-09-16Ethena completed the SOC 2 Type II audit and received an unqualified opinion 2026-09-03Ethena fee conversion vote passed, programmatic ENA buyback will begin 2026-08-31ENA's Claim on Ethena Is Still Contingent 2026-08-30Ethena Foundation: Plans to end monthly unlock for investors, 95% of net income will be used to repurchase ENA after USDe reaches the milestone

Project information

Networks: Visa
Provider: Not confirmed
Launched: 2026
Physical card: Not available
Currencies: USD
KYC: Required

Supported countries / regions

Not confirmed

Community reviews

1 rating

5.0 / 5

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Parent company

Ethena ↗

Ethena is a decentralized synthetic dollar protocol that issues USDe, a stable asset pegged 1:1 to the US dollar. Its core mechanism involves holding an equivalent amount of spot crypto assets while opening corresponding short perpetual contracts to construct a delta-neutral position, thereby maintaining price stability without relying on traditional bank reserves. The protocol combines on-chain custody with off-exchange settlement for risk management, and a risk committee oversees strategy execution.