HypurrFi Card
HypurrFi · Visa
The HypurrFi Card is the first DeFi-native card in the Hyperliquid ecosystem, built by HypurrFi in collaboration with Brahma's Swype and now live as a virtual card on the Visa network (accepted at 100+ million merchants). It works as an on-chain credit card: instead of pre-loading funds, every purchase borrows in real time against the user's collateral positions on HypurrFi, keeping crypto on-chain and productive (non-custodial model, no off-ramps or top-ups). Rewards are paid in points (a 50,000 weekly bonus points pool at launch), so there is no currency cashback. Per third-party sources the FX markup is up to 1.5% on non-USD purchases and there are no ATM withdrawals. Issuance and annual fees are not officially documented. The launch was whitelisted (50 initial spots, top 500 leaderboard addresses) with identity verification required; the chains involved are HyperEVM (the HypurrFi position) with Base support via Swype.
Data & conditions
§ Amounts in USD/GBP are shown in the service's native currency.
| Network | Visa |
|---|---|
| Fund custody | Self-custody (funds in your control) |
| Issuance fee | Free |
| Annual fee | Free |
| ATM withdrawal | not declared |
| FX markup | 1.5% |
| Cashback | Not disclosed |
| Chains | Hyperliquid |
| On-chain settlement | Yes |
| Contactless | Yes |
| Virtual card | Yes |
| KYC | Full |
| Privacy | 5/10 |
| Supported countries | US, EEA, UK, LATAM |
| Estimated net annual cost | €0/year |
| Segment | B2C |
| MiCA / License status | Nessuna licenza propria: la carta opera tramite l'app Swype di Brahma; nessuna licenza di emittente divulgata pubblicamente |
Strengths
- Non-custodial on-chain credit card: spend without selling, crypto stays on-chain as productive collateral
- Live virtual Visa card accepted at 100M+ merchants, integrated with Hyperliquid via Brahma's Swype
- Modest FX markup (up to 1.5%) and points rewards on spending
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Virtual card only: no physical card and no ATM withdrawals
- Whitelisted access tied to the Hyperliquid ecosystem; requires collateral and full KYC
- Euro issuance/annual fees undocumented; rewards in points only, not currency cashback
- Full KYC required: verified identity, zero pseudonymity.
Verdict
Weak protection: the HypurrFi Card discloses no issuer license of its own and operates through Brahma's Swype app on the Visa network. As a non-custodial on-chain credit card, funds stay under the user's control as collateral, but there is no bank-style protection on balances.
High sovereignty: a non-custodial model where crypto stays on-chain as productive collateral and every purchase borrows in real time, with no top-ups or off-ramps. Full KYC (via SumSub) and whitelisted access tied to the Hyperliquid ecosystem remain caveats.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is the HypurrFi Card custodial?
No: it is a non-custodial on-chain card. Every purchase borrows in real time against your collateral on HypurrFi and the crypto stays on-chain, with no off-ramps or top-ups. It is managed through Brahma's Swype app.
What cashback does the HypurrFi Card offer?
It does not offer currency cashback: rewards are paid in points, with a 50,000 weekly bonus points pool at launch. Per third-party sources the FX markup is up to 1.5% on non-USD purchases.
Sources
- Official service page Azienda · On-chain settlement · Custodial Data verified on Jun 22, 2026
- todey.xyz Payment network · FX markup · Cashback · Kyc · +5 Data verified on Jul 10, 2026
- docs.brahma.fi Supported currencies · Italia disponibile · Contactless Data verified on Jun 23, 2026
- hypurrfi.beehiiv.com Azienda · Issuer · Virtual card · On-chain settlement · +1 Data verified on Jun 22, 2026