We compare platforms & may earn a commission. Learn more.

Nexo

Pyra Snapshot

Verified: December 17, 2025
Pyra is available for US customers.

Pros

  • Capital gains/tax efficiency
  • Multiple stablecoins supported

Cons

  • Deposits must be on Solana chain
Rates last verified: December 17, 2025

New User Bonus

1,000 points and 10% less fees with code: CIR

Claim Bonus

Rate Updates

Get notified when Pyra rates change.

Pyra Calculator

Daily
0.00
Weekly
0.00
Monthly
0.00
Yearly
0.00

How Pyra Generates Yield

Yield Mechanics

  • Trading Strategies

Risk & Custody

Custody Model
Custodial / Third Party
Track Record
Operational since 2024

Flexibility & Access

Lockups
None
Access
Worldwide
Yield data in beta

Pyra Review

Pyra is a self-custodial platform and Visa crypto card solution that lets you spend the value of your crypto without liquidating it. Each purchase is funded through an over-collateralized loan, allowing your assets to remain on-chain and continue earning yield.

How It Works

  • Earn yield automatically on idle assets.
  • Works with a range of crypto assets, including stablecoins.
  • Use the Pyra Visa card at millions of merchants worldwide, including via Apple Pay and Google Pay.

Tax Advantages

Because spending with Pyra uses a loan rather than a sale, it generally doesn’t trigger a capital gains tax event. The exact impact depends on local tax laws, but many users see this as one of the platform’s most attractive benefits.

Pyra FAQ

Does Pyra pay compound interest?

Yes, Pyra pays compound interest.

Where is Pyra available?

Worldwide

When was Pyra founded?

Pyra was founded in 2024.

Is Pyra available in the USA?

Yes, Pyra is available in the USA.

Does Pyra pay interest on Bitcoin?

No, Pyra does not pay interest on Bitcoin.

Does Pyra pay interest on Ethereum?

No, Pyra does not pay interest on Ethereum.

Does Pyra pay interest on Dogecoin?

No, Pyra does not pay interest on Dogecoin.

Compounding Interest
Yes
Payouts
Varies
Withdraw Fees
None
Lockup Period
None
Founded
2024
Headquarters
N/A
Availability
Worldwide
Pyra
app neobank pyusd usdc usds usdt

Top Alternatives to Pyra


Earn Interest on Crypto