Exa Card
by Exa Labs SAS
The Exa Card is a global, non-custodial virtual Visa card that allows users to spend credit backed by their crypto assets. Built on the Exactly Protocol, it enables users to keep their crypto earning yield while spending, offering fixed-rate installment repayment options. It operates in two modes: 'Pay Now' (debit-like deduction from balance) and 'Installments' (credit borrowing against collateral). Users deposit assets (ETH, OP, USDC, etc.) to earn variable yield and use them as collateral to borrow USDC at fixed rates for purchases.
Unique Features
- Powered by Exactly Protocol for fixed-rate borrowing
- Two spending modes: Pay Now (Debit) or Installments (Credit)
- Passkey authentication (Biometric security)
Pros
- Non-custodial (users retain control of funds)
- Earn yield on collateral while spending
- Fixed-rate installment options (Buy Now Pay Later on-chain)
- No credit check required
- Instant virtual card issuance
Cons
- No current cashback rewards
- Interest applies to installment purchases
- Liquidation risk if collateral value falls
- FX fees apply to non-USD transactions
- Limited to Optimism network assets initially
Integrations & Tech
Available In (1)
Not Available In (31)
Fee Structure
Detailed Fee Structure
Unverified but plausible, revenue from FX spreads
Detailed Limits
Credit limit determined by collateral value and health factor
Fee Details
FX fee of 1.5% is unverified but plausible; protocol earns revenue from FX spreads. Interest applies to 'Installment' mode purchases (fixed-rate borrowing). No annual or monthly fees.
Limits & Conditions
Credit limit is dynamically determined by the value of deposited collateral and the user's health factor on the Exactly Protocol.
Crypto Capabilities
Security & Custody
Supported Assets
