// What is it?
Avici is building a comprehensive banking infrastructure that combines self-custodial smart contract wallets with traditional finance rails. The platform's core product suite includes Visa credit cards (powered by Rain), USD/EUR virtual bank accounts (powered by Bridge), and a multi-chain wallet infrastructure (built on ZeroDev) that supports both EVM chains and Solana. What makes Avici unique is its non-custodial architecture - users maintain full control of their funds through smart contracts, unlike competitors like Crypto.com, Wirex, and Binance where funds can be frozen or lost if the company fails.
The platform's technical foundation is built on a hybrid architecture that leverages ZeroDev's smart contract wallets for EVM chains while maintaining traditional private key infrastructure for Solana. This enables advanced security features like multi-factor authentication and social recovery for EVM assets, while still supporting Solana's high-performance ecosystem. The wallet infrastructure currently supports 26 networks including Ethereum, Polygon, Arbitrum, Avalanche, and all major EVM chains.
Target users include:
1) International users needing USD/EUR accounts without geographic restrictions
2) Businesses and DAOs requiring programmable treasury management
3) Crypto natives seeking self-custodial spending solutions
4) Users in emerging markets paying high mortgage rates
5) Institutions needing secure, compliant crypto-to-fiat rails
The technical stack is built around three core components. First, the ZeroDev-powered smart contract wallet that eliminates private keys in favor of social logins and passkeys for improved security. Second, Rain's card issuance infrastructure enabling Visa card creation and processing. Third, Bridge's banking rails that facilitate USD/EUR virtual accounts with direct fiat on/off ramps. All transactions are secured through a proprietary relayer system that sponsors gas on EVM networks and Solana (10 free transactions per day).
Competitively, Avici differentiates itself from traditional crypto cards (Crypto.com, Wirex, Binance) through its non-custodial architecture. While competitors control user funds and can freeze accounts, Avici users maintain control through smart contracts. The platform also offers unlimited spending limits with no FX markups or transaction fees, compared to percentage-based fees from competitors. Even the CEO of KAST card, a competitor, has expressed interest in acquiring Avici tokens and supporting the team.
The business model combines multiple revenue streams:
1) Visa card interchange fees (1.5-2% depending on spend category)
2) Card sales revenue (Platinum: $10-50, Signature: $30-75)
3) On/off-ramp fees from USD/EUR accounts
4) Future revenue from business accounts, wallet swap fees, and lending yield
Current metrics demonstrate strong product-market fit:
1) Total Visa card spend: $1M+
2) Average spend growth: 35% MoM
3) User retention: 70% MoM
4) Total onramp volume: $800k+
5) Cards created: 5k+
6) Total signups: 9k+
7) Successful raise: $3.5M out of $34.2M committed
The long-term vision extends far beyond payments. Avici aims to build distributed internet-banking infrastructure that fulfills Bitcoin's original promise of eliminating central bank dependence. This includes developing a global trust score system using zero-knowledge proofs, enabling undercollateralized lending, and eventually launching a world reserve stablecoin governed by futarchy. The project is structured as a DAO with 0% team allocation and 100% circulating supply, demonstrating strong alignment with community governance.
// Why it matters
[x] Live product with real traction: $1M+ processed through Visa cards, 35% MoM growth in spending, and 70% user retention
[x] Strong infrastructure partnerships: Rain (card issuance), Bridge (banking rails), ZeroDev (wallet infrastructure), Relay Protocol (swaps), MetaDAO (governance)
[x] Unique technical architecture: Self-custodial smart contract wallets with social recovery, no private keys for EVM chains
[x] Clear competitive advantages: No spending limits, zero FX markup, true self-custody versus Crypto.com/Wirex/Binance
[x] Sustainable revenue model: Multiple streams from interchange (1.5-2%), card sales ($10-75), and on/off-ramp fees
[x] Impressive raise metrics: $3.5M raised from $34.2M committed, showing strong investor demand
[x] Global market opportunity: Targeting 5B+ people worldwide who hold less than 43% of secure property rights
[x] Strategic integrations: Supporting 26 networks including all major EVM chains and Solana
[x] Community-aligned tokenomics: 0% team allocation, 77.5% ICO, 22.5% liquidity
[x] Strong retention metrics: 70% monthly retention shows product stickiness
[x] Clear regulatory approach: Compliant card issuance through Rain, banking through Bridge
[x] Ambitious vision: Building infrastructure to reduce central bank dependence through decentralized credit
// The Stack
-> Smart Contract Wallet: ZeroDev-powered infrastructure for EVM chains enabling social login and passkeys
-> Card Infrastructure: Rain-powered Visa card issuance and processing system
-> Banking Rails: Bridge integration for USD/EUR virtual accounts and fiat on/off ramps
-> Trading Infrastructure: Relay Protocol for cross-chain swaps and liquidity
-> Governance Framework: MetaDAO-powered futarchy system for decentralized decision making
-> Security Layer: Custom relayer system sponsoring gas across 26 networks
// The Numbers
=== MARKET STATS ===
-> Market Cap: $10.08M
-> Volume 24h: $1,532k
-> Liquidity: $768k
-> Age: 5.9 days
=== SOCIAL MOMENTUM ===
-> Mentions Today: 26
-> 7-Day Average: 68 mentions/day
-> Peak (2025-10-20): 128 mentions
-> Trend: stable (-80% from peak)
-> Last 3 Days: 26 -> 28 -> 29
=== PRODUCT METRICS ===
-> Total Card Spend: $1M+
-> Spend Growth: 35% MoM
-> User Retention: 70% MoM
-> Onramp Volume: $800k+
-> Cards Created: 5k+
-> Total Users: 9k+
-> Funds Raised: $3.5M
// How It Works
The user journey begins with wallet creation through Avici's ZeroDev-powered smart contract infrastructure. Rather than managing private keys, users authenticate through social login (Google or iCloud) and set up a mandatory biometric passkey. This creates a smart contract wallet that serves as the foundation for all transactions. The wallet supports 26 networks including all major EVM chains and Solana, with the platform's relayer system sponsoring gas fees (except on Ethereum mainnet and Solana after 10 daily transactions).
The core technical flow revolves around the Loan Escrow smart contract system. When users deposit USDC, it triggers a multi-step process:
1) USDC is locked in a self-custodial Loan Escrow contract
2) The contract creates an equivalent USD credit balance on the card
3) When users spend, the credit balance updates in real-time
4) Every 1-2 days (sometimes weekly), spent USDC is liquidated to settle with Visa
5) Users maintain full withdrawal rights for unspent USDC at any time
Behind the scenes, the platform leverages multiple infrastructure providers in a carefully orchestrated system. Rain handles Visa card issuance and processing, managing the complex interactions between crypto collateral and fiat spending. Bridge provides the banking infrastructure for USD/EUR virtual accounts, enabling direct fiat on/off ramps through wire transfers, SEPA, and ACH. Relay Protocol powers cross-chain swaps with automated gas sponsorship, while MetaDAO's infrastructure enables futarchy-based governance decisions.
The security architecture is built around smart contract ownership rather than traditional private keys. Each user's wallet is a distinct smart contract where they maintain full control. When card spending occurs, the system uses spend attestations to place "charges" against the escrow contract. These charges can only withdraw funds linked to actual spending - neither Avici, Rain, nor Visa can access user funds beyond verified transactions. For EVM chains, social recovery and multi-factor authentication provide additional security layers. Solana integration maintains traditional private key architecture but benefits from the platform's broader security framework.
Revenue processing follows a specific flow:
1) Card fees are collected upfront (Platinum: $10-50, Signature: $30-75)
2) Interchange fees (1.5-2%) are split with infrastructure providers
3) FX fees up to 3% (currently 1%) are handled by Visa
4) ATM transactions incur tiered fees ($0.60 for inquiries/declines, $1.00 + 0.65% for withdrawals)
The system handles several edge cases gracefully. If spending exceeds available credit, transactions are declined rather than creating debt. Network downtimes are managed through redundant infrastructure, with transactions queued and processed when connectivity resumes. Failed liquidations trigger automatic retries with escalating notification systems. Geographic restrictions are enforced through compliance checks integrated with Rain's card issuance system.
Compared to centralized competitors like Crypto.com and Wirex, Avici's architecture offers fundamental advantages:
1) True self-custody through smart contracts vs custodial holdings
2) No ability to freeze funds vs central control
3) Unlimited spending limits vs tiered restrictions
4) Zero FX markup vs percentage-based fees
5) Multi-chain support vs limited network options
6) Social recovery vs private key risks
// What's Coming
-> Trust Score System (Q1 2026): Launching decentralized credit scoring using zero-knowledge proofs to protect privacy while enabling reputation-based lending. This will allow credit assessment without traditional banking history, particularly valuable for the 5B+ people lacking secure property rights.
-> Avici BIZ Launch (Q2 2026): Dedicated business accounts for startups, DAOs, and institutions with programmable treasury management, custom spending controls, and integrated compliance tools.
-> Lending Infrastructure (Q3 2026): Introducing undercollateralized lending based on the Trust Score system, enabling mortgages and business loans sourced directly from on-chain investor pools.
-> Local BIN Expansion (Q4 2026): Rolling out local Bank Identification Numbers beyond USD/EUR/HKD to eliminate forex fees for users in emerging markets. This addresses a major pain point in regions where international card fees are prohibitive.
-> World Reserve Stablecoin (2027): Developing a DAO-governed stablecoin designed to reduce dependence on central bank interest rates. Built with futarchy governance and real-time pricing mechanisms to absorb global liquidity.
// The Play
1. Immediate Action: Create Avici wallet and verify profile for card access. Start with virtual Platinum card ($10) to test the system and evaluate user experience.
2. Infrastructure Test: Deposit USDC to loan escrow contract and conduct test transactions across different merchant categories. Monitor liquidation timing and fee structures.
3. Scale Usage: If satisfied with initial testing, upgrade to Signature tier ($30) for enhanced benefits. Consider physical card ($50-75) for ATM access and tap payments.
4. Position for Trust Score: Maintain consistent card usage and payment history to build strong metrics for the upcoming credit scoring system. This will be crucial for accessing undercollateralized lending.
5. Token Strategy: Study the futarchy governance model and MetaDAO integration. The 0% team allocation means community decisions will significantly impact protocol development.
6. Network Effects: Monitor adoption metrics (currently 9K+ users, 5K+ cards) and ecosystem growth. Success of the Trust Score system will depend on widespread usage generating reliable data.
// DegenHub Take
Avici's non-custodial architecture solves a critical problem that sank FTX, Celsius, and countless others - user funds can't be frozen or seized. But the real innovation isn't the tech stack (though ZeroDev + Rain + Bridge is solid). It's the plan to bootstrap decentralized credit scoring through actual spending data. Most DeFi lending is overcollateralized because we lack reliable on-chain credit data. Avici's card network could change this by generating real transaction history, secured by ZK proofs. If successful, this enables something revolutionary: truly permissionless, reputation-based lending without traditional credit bureaus. The risk isn't technical (the card system works with $1M+ processed) or regulatory (they're using compliant rails through Rain). It's whether they can drive enough sustained usage to make the Trust Score meaningful. 70% retention is promising but they'll need millions of active users, not thousands, to rival FICO. This is a Web3 infrastructure bet masquerading as a consumer fintech play. Don't focus on the cards - watch the credit scoring system. That's the real potential to disrupt the $14T mortgage market.
// Links
-> Website: https://avici.money/
-> Twitter: https://twitter.com/AviciMoney
-> Telegram: https://t.me/Aviciclub
-> Discord: https://discord.gg/SJyNkRa6tg
-> DexScreener: https://dexscreener.com/solana/BANKJmvhT8tiJRsBSS1n2HryMBPvT5Ze4HU95DUAmeta
Not financial advice. DYOR.
