🔄 Cycles
Perps · easy difficulty · initial $0 · ongoing $0 · 🟢 low risk · · by Jordan, PassivePin Editorial
What is Cycles?
Cycles is a payment application that raised $8.7M from Coinbase Ventures, designed to make crypto payments and transfers seamless.
Category: Perps. Payout token: n/a. Available in: global. KYC required: No.
About Perps projects
Perps networks are decentralized perpetual futures exchanges. The category is more about trading than passive income, but some networks pay liquidity providers a share of trading fees for depositing tokens into liquidity pools. The economics depend on trading volume and the specific pool$0
Risk and rewards
Risk note: Cycles is in our lower-risk tier. The project has stable customer demand, a more established token, and a clearer path to sustainable earnings.
PassivePin rates every project on a 6-factor scoring rubric: earnings sustainability, security, longevity, transparency, friction, and tokenomics. See our methodology for details. Cycles is currently rated as a low-risk project.
Who is Cycles for?
Cycles is a good fit if you are looking for perps exposure and have the time to install the app and keep it running in the background. It is not a good fit if you want a completely hands-off experience or if you are risk-averse about token price volatility.
See our 7-point scam checklist for a deeper look at how we evaluate perps projects like this one.
Related learning
- What is DePIN? — a practical guide
- Node economics — how DePIN payouts actually work
- The Perps category — where this project fits
- 7 signs a DePIN project is a scam
© 2026 PassivePin. See also: about · methodology · FAQ · editorial policy.