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HypurrFi Card

Updated: Aug 13, 2026

HypurrFi Card is an on-chain collateralised credit card offered by HypurrFi for Hyperliquid/HyperEVM users. Rather than selling or topping up crypto assets in advance, cardholders generate a loan against their on-chain collateral position in real time when a purchase occurs, after which the merchant payment is completed through the Visa network. The product previously used payment infrastructure from Brahma/Swype and later Rain, but HypurrFi announced the discontinuation of the card programme in May 2026. It is no longer an active product available for normal application and continued use.
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Card network
Visa
Product type
Crypto-collateral credit card
Card form
Virtual card
Operating status
Discontinued
KYC level
Full KYC
Commercial relationship
No commercial relationship
Risk score
40-49
Supported assets
USDT / USDC / ETH
Last updated
Aug 13, 2026

Official and company information

Issuer identity and company credentials

HypurrFi is a non-custodial DeFi lending and credit protocol deployed on Hyperliquid HyperEVM, which previously offered pooled lending, isolated lending markets, yield vaults, USDXL, spot and perpetual entry points, and Visa credit cards collateralized by on-chain crypto assets. The project is currently winding down operations; some lending markets are migrating to Euler, and the HypurrFi Card and rewards program have been discontinued.
Company / issuer
HypurrFi
Legal name
Unregistered company entity
Registered region
Unconfirmed
Headquarters
No publicly established physical headquarters (distributed remote work and community governance)
Company type
Program manager
Verification status
Verified
Issuer website
Official link
Application page
Application link

Card overview

The core model of the HypurrFi Card is "borrow, don't sell": users keep crypto assets in on-chain lending positions, and at the time of purchase, the system instantly generates a credit loan based on the collateral value, then routes the payment request to the Visa merchant network. The official last-generation product page indicated no traditional credit checks, no pre-funding required, and claimed coverage of over 150 million Visa merchants. Early versions were implemented via Brahma's Swype product, while the new version launched in 2026 is listed by official HypurrFi materials as Rain-powered. In spring 2026, HypurrFi advanced the onboarding of international users for the new card, but subsequent changes in the overall protocol strategy led to the exit of the brand, Pooled/Legacy markets, and related services, with the card and Points program explicitly discontinued.
Visa card experienceRegional availabilityTerms may change
Notice: This card service ceased operations on 2026/05/15, affecting the entire HypurrFi Card programme. HypurrFi explicitly terminated its Card and Points products as part of its protocol exit and migration arrangements. The HypurrFi brand and some of its former lending markets subsequently entered a gradual wind-down process.

Card variants and fee differences

Compare verified fee records across card forms and tiers

HypurrFi virtual card
Card formVirtual card
Fees
Monthly fee
Card issuance fee
Free
Historically free to apply
ATM fee
Foreign exchange fee
1.5%
Historical non-USD transaction fees
Top-up fee
Failed transaction fee
Rewards
Cashback
Crypto cashback
Staking rewards
Staking APR
Welcome bonus
Referral bonus
Limits
Daily spending limit
Monthly spending limit
ATM withdrawal limit
0
ATM not supported
Card network

Fees may vary by region, card tier, and official policy. Verify the latest official terms.

Regions and China applicability

Application status based on public sources, official policy, and user reports. This is not application advice.

Available regions

Applications or normal card activation are supported

1
No Open Regions
Evidence
Officially supported

Unsupported or restricted regions

Applications or features are unavailable or restricted

1
Global
Evidence
Officially restricted

Unconfirmed regions

Evidence is insufficient

0

No records

Evidence
Public sources

China applicability

The source text is retained below.

Original

1、中国大陆:不可申请,HypurrFi Card 已整体停止发卡和卡片服务;当前不存在面向中国大陆居民开放的新卡申请或有效在营卡片方案。

2、香港:不可申请,虽然历史国际发行阶段覆盖部分美国以外用户,但卡片计划现已停止,不再提供香港居民的新卡申请服务。

3、澳门:不可申请,HypurrFi Card 当前已停止运营,没有面向澳门居民继续开放的有效发卡流程,不能按历史 Visa 覆盖范围判断可申请。

4、台湾:不可申请,HypurrFi Card 整体产品已经停止,台湾居民当前没有有效的新卡申请渠道,历史国际卡覆盖信息不再适用。

Updated: Aug 13, 2026

Policies may change at any time. Verify the latest issuer policy.

KYC requirements

Current identity-verification requirements and restrictions

KYC required

YesRequired

KYC level

Full KYCRequirement confirmed

Proof of address

NoNot required

Accepted documents

Passport / National/resident ID / Driver's license / Permanent residence card/Green card

Review time / regional limits

Historical applications use digital identity verification and are subject to eligibility and manual compliance review.

KYC provider

Not disclosed

Updated

Aug 13, 2026

Payment compatibility

Support status and update date by payment scenario · Actual availability may vary by region, merchant, and issuer policy

Compatibility overview12 scenarios
Supported0
Not supported12
UpdatedAug 13, 2026

Wallet payments

Alipay

Not supported

Aug 13, 2026

Wallet payments

Apple Pay

Not supported

Aug 13, 2026

Cash services

ATM withdrawal

Not supported

Aug 13, 2026

AI tools

ChatGPT

Not supported

Aug 13, 2026

AI tools

Claude

Not supported

Aug 13, 2026

Wallet payments

Google Pay

Not supported

Aug 13, 2026

AI tools

Midjourney

Not supported

Aug 13, 2026

In-person payments

Offline POS

Not supported

Aug 13, 2026

Online shopping

Online shopping

Not supported

Aug 13, 2026

Wallet payments

PayPal

Not supported

Aug 13, 2026

Subscriptions

Subscription payment

Not supported

Aug 13, 2026

Wallet payments

WeChat Pay

Not supported

Aug 13, 2026

User reviews

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Risk factors

Updated: Aug 13, 2026

No risk factors are available