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Ethena Pay vs Hyperbeat Pay Card

Ethena Pay scores higher on the G2M score: 83/100 against 22/100 (#2 and #36 of 36 cards). Ethena Pay also comes out ahead on cashback and more countries.

Ethena Pay83

#2 of 36 · 4% to 5% back · annual fee none

Get EthenaRead the review
Hyperbeat Pay Card22

#36 of 36 · 0.2% to 12% back · annual fee Not published

Get HyperbeatRead the review

The short answer

  • Ethena Pay scores higher on the G2M score: 83/100 against 22/100 (#2 and #36 of 36 cards).
  • Ethena Pay pays more cashback on its entry tier: 4% against 0.2%. Higher tiers go up to 5% on Ethena Pay and 12% on Hyperbeat Pay Card.
  • Ethena Pay has no annual fee; Hyperbeat Pay Card does not publish its annual fee.
  • Ethena Pay charges 1% on foreign currency; Hyperbeat Pay Card does not publish its FX fee.
  • Ethena Pay lists 48 countries where it works; Hyperbeat Pay Card does not publish a full country list (1 confirmed so far). Of the markets we check for every card, only Ethena Pay is confirmed in UAE, and only Hyperbeat Pay Card is confirmed in United States.
  • Both are non-custodial.

Want the answer for your own spending, or the next tier up of each? See what each keeps you a year or pick tiers and add a third card.

Side by side

Detail
Ethena Pay
Hyperbeat Pay Card
G2M score
83 (better)
22
Base cashback
4% (better)
0.2%
Max cashback
5%
12% (better)
Paid in
AVAX, daily
WHYPE
Annual fee
Free
Not published
FX fee
1%
Not published
Top-up fee
0%
Not published
Per-purchase fee
None listed
None listed
ATM
$1 + 0.65% per withdrawal
Not published
Network
Visa
Visa
Card type
Spend
Varies by region
Custody
Non-custodial
Non-custodial
Sign-up bonus (G2M link)
None published
None published
No ID check
ID needed or not stated
ID needed or not stated
Formats
virtual
virtual
Apple / Google Pay
Yes / Yes
? / ?
India
No
Unclear
UAE
Yes
Unclear
United States
No
Yes
United Kingdom
No
Unclear
EU / EEA
No
Unclear
Countries
48
Worldwide except sanctioned countries (Cuba, Iran, North Korea, Sudan, Syria) and Ontario, Canada; US residents under a separate US card agreement; no full country list
Bank account (IBAN or account number)
In your name
Not confirmed
Send money to a bank account
Not confirmed
Not confirmed
Buy and sell crypto with fiat
Buy and sell
Buy and sell
Spend against crypto without selling
No
Yes
Yield on your balance
Yes
Yes
Tiers
Standard · Pro · VIP
Everyday · All boosters · Trader $1M · Trader $5M
Perks
Works on Arbitrum, Ethereum, Optimism and Polygon · 5% a year on your balance, up to $5,000, paid daily in USDe · 6% a year on your balance, up to $100,000, paid daily in USDe · 6% a year on your balance, up to $1,000,000, paid daily in USDe
Credit Mode: spend against BTC, ETH, SOL or HYPE without selling · Savings, trading and card in one non-custodial account · Virtual card now, physical card waitlist · Four boosters add 0.2% each: hold $1,000 or $10,000, spend $1,000 or $10,000 in 30 days

Highlighted values are the better of the two. “Not published” means the issuer does not state it. Card data last checked 25 Oct 2026; see each card's review for its sources.

Questions

Which is better, Ethena Pay or Hyperbeat Pay Card?

Ethena Pay scores higher on the G2M score: 83/100 against 22/100 (#2 and #36 of 36 cards). Ethena Pay also comes out ahead on cashback and more countries. The better card for you depends on where you live and how you spend; the G2M calculator works it out for your own spending.

Which has lower fees, Ethena Pay or Hyperbeat Pay Card?

Ethena Pay has no annual fee; Hyperbeat Pay Card does not publish its annual fee. Ethena Pay charges 1% on foreign currency; Hyperbeat Pay Card does not publish its FX fee.

Which pays more cashback, Ethena Pay or Hyperbeat Pay Card?

Ethena Pay pays more cashback on its entry tier: 4% against 0.2%. Higher tiers go up to 5% on Ethena Pay and 12% on Hyperbeat Pay Card.

Which works in more countries, Ethena Pay or Hyperbeat Pay Card?

Ethena Pay lists 48 countries where it works; Hyperbeat Pay Card does not publish a full country list (1 confirmed so far). Of the markets we check for every card, only Ethena Pay is confirmed in UAE, and only Hyperbeat Pay Card is confirmed in United States.

Who holds my funds with Ethena Pay and Hyperbeat Pay Card?

Both are non-custodial.

More comparisons

Scores use the same rules for every card (how the score works). Referral links never change a score or rank. Not financial advice.

Ethena Pay vs Hyperbeat Pay Card: fees, cashback and countries compared · G2M