what's cypher?
Cypher is a decentralized protocol that enables users to spend cryptocurrencies directly via physical and virtual cards accepted worldwide at over 100 million merchants. It supports multiple chains like Ethereum, Solana, Cosmos, and Base, allowing seamless loading of assets from self-custody wallets without needing to swap to stablecoins first. The platform emphasizes privacy-focused spending, with features like zero forex markups on premium cards and integration with Apple Pay/Google Pay for contactless payments. The protocol's native token, CYPR, powers a community-owned rewards system where users earn cashback in USDC or CYPR for transactions and participation in governance. Holders can lock CYPR as veCYPR to vote on reward allocations for partner brands and epochs, with flexible locking periods influencing voting power. Cypher also facilitates peer-to-peer payments and bridges assets across chains, aiming to bridge on-chain assets to real-world utility through secure, non-custodial infrastructure.
Cypher Card now supports spending cbAssets like cbBTC/ETH on Base network.
contract
base
Partnered with CatalystAMM and Jumper to offer 200 CYPR signup bonus for Jumper Pass Level 5+ users who sign up for the Cypher card.
Cypher Card now supports spending with cbAssets on Base network including cbBTC, cbETH, cbXRP, cbDOGE, cbADA, and cbLTC.
$CYPR now available on Wasabi platform with 3x leverage trading and yield earning from onchain activity.
Cypher Card processed $20M in volume during November, down 13% from $23M in the previous period.
Ranked #2 among top tokens traded on Definitive last week by transaction count.
Fees and rates raised recently to keep operations running.
$CYPR ranks among top buys on Base network with $10k smart money inflows in the past 24 hours.
Tokenomics reveal no team or investor unlocks until 2027 with remaining tokens on 20-year linear vesting via VE model; current market cap stands at 6m with 13m trading volume representing a 2-3x volume-to-mcap ratio.
Unveils Cypher Card, a non-custodial product enabling users to convert digital assets into fiat for everyday purchases.
Ranked first among all tokens traded on Definitive last week by transaction count.
100,000 USDC deployed into the token in a single transaction.
The protocol launches on Ethereum Mainnet with Genesis points program starting today at 9pm UTC, and xGRAIL stakers qualify for an airdrop with snapshot still open.
Growing market interest emerges as the project gains attention for its positioning as a pre-flywheel revenue-generating onchain business.
Platform raised fees, changing the fee structure that previously provided competitive advantage in the crypto card market.
Cypher achieves $3M transaction volume growth in October, ranking among top growth performers in the crypto card market.
The card supports spending multiple cryptocurrencies including stablecoins, ETH, cbBTC, and HYPE. Apple Pay tap-to-pay functionality works for transactions over $1,000.
Cypher powers the Osmosis Pay card, enabling users to spend crypto assets through the VISA network at 40+ million merchants across 140+ countries.
Project implements ve-tokenomics structure controlling $350M in rewards emissions over a 20-year period.
KuCoin lists $CYPR immediately following Binance Alpha listing. Project backed by Coinbase Ventures and Y Combinator, with founder being former Coinbase engineer.
TGE goes live on Base blockchain on October 5th.
Morpho vaults integration coming soon, enabling users to borrow against assets for stables and deploy in DeFi.
Binance Alpha announces first platform listing on October 5, with eligible users able to claim airdrop using Binance Alpha Points once trading opens.
Testnet reaches 1.3M users with 1.4M $CYS and $CGT rewards distributed, mainnet launch scheduled in 5 days.
Token airdrop $CYPR launching in days for testnet participants.
Official whitepaper now available, detailing project's technical specifications and roadmap.
YC-backed crypto-to-fiat payment solution enables direct USDC spending via virtual/physical cards with no fees and premium features at $200/year.