Facebook Ads Insights Tool

Facebook Ads Cost Per Lead Benchmarks for Crypto & Blockchain in Canada

See how your CPL compares. Explore lead generation cost benchmarks by industry, region, and campaign type

Cost Per Lead for Crypto & Blockchain in Canada

October 2024 - October 2025

Insights

Detailed observation of presented data

Facebook Ads benchmarks: cost per lead trends

This analysis looks at cost per lead trends for industry Crypto & Blockchain and target country Canada compared to the global trend. The analysis is based on $3B worth of advertising data from our dataset, which provides strong directional benchmarks.

Key takeaways

  • Canada Crypto & Blockchain ran well below market: average cost per lead (CPL) of 15.33 versus the global baseline’s 37.35 across Oct 2024–Feb 2025 (about 59% lower).
  • Marked counter-seasonality: while the global benchmark climbed into November and stayed elevated in December, Canada Crypto & Blockchain CPL fell sharply to a December low.
  • High volatility in the selected data: average absolute month-to-month change of ~53% vs ~15% for the global baseline.
  • Net trend: CPL fell 58.1% from October to February in the selected data, while the baseline rose 24.9% over the same window.

Selected data (Canada, Crypto & Blockchain)

  • Overall level:
  • Average: 15.33
  • High: 29.15 (Oct 2024)
  • Low: 5.42 (Dec 2024)
  • Change from first to last month: -58.1% (Oct 2024 to Feb 2025)
  • Month-to-month volatility (percent change):
  • Oct → Nov: -32.2%
  • Nov → Dec: -72.6% (largest drop; notable dip to 5.42)
  • Dec → Jan: +86.6% (partial rebound)
  • Jan → Feb: +20.7%
  • Average absolute MoM change: ~53%
  • Seasonal notes:
  • Costs compressed through Q4, bottoming in December—opposite to typical year-end inflation.

Comparison to global baseline (same months: Oct 2024–Feb 2025)

  • Overall level:
  • Baseline average: 37.35
  • Baseline high: 41.58 (Nov 2024)
  • Baseline low: 31.12 (Oct 2024)
  • Baseline change from first to last month: +24.9%
  • Relative positioning (selected vs baseline each month):
  • Oct 2024: 29.15 vs 31.12 (about 6% below market)
  • Nov 2024: 19.75 vs 41.58 (about 52% below)
  • Dec 2024: 5.42 vs 39.63 (about 86% below; strongest gap)
  • Jan 2025: 10.12 vs 35.54 (about 71% below)
  • Feb 2025: 12.22 vs 38.86 (about 69% below)
  • Volatility:
  • Baseline MoM changes: +33.6% (Oct→Nov), -4.7% (Nov→Dec), -10.3% (Dec→Jan), +9.4% (Jan→Feb)
  • Average absolute MoM change: ~15% (more stable than the selected series)
  • Seasonal pattern:
  • Baseline shows the expected Q4 pressure with a November peak and elevated December.
  • Canada Crypto & Blockchain stays below average throughout and diverges sharply in December, indicating counter-seasonal cost dynamics versus the global trend.

What this means for benchmarking

Across Oct 2024–Feb 2025, Canada Crypto & Blockchain CPLs are consistently below average and more volatile than the global benchmark, with a pronounced December dip and gradual recovery into early Q1. In short, the selected data is below market in level, counter-seasonal in Q4, and higher in month-to-month variability.

Understanding cost per lead benchmarks on Facebook Ads in industry Crypto & Blockchain and Canada helps advertisers make more efficient budget and creative choices.

Understanding the Data

Insights & analysis of Facebook advertising costs

Facebook advertising costs vary based on many factors including industry, target audience, ad placement, and campaign objectives. In the Crypto & Blockchain industry, Facebook ad costs can be influenced by seasonal trends and market competition. For campaigns targeting Canada, advertisers should consider local market factors and user behavior. Different campaign objectives lead to varying costs based on how Facebook optimizes for your specific goals. The data shown represents median values across multiple campaigns, and individual results may vary based on ad quality, audience targeting, and campaign optimization.

Why we use median instead of average

We use the median CTR because the underlying distribution of click-through rates is highly skewed, with a small share of campaigns achieving extremely high CTRs. These outliers can inflate a simple average, making it less representative of what most advertisers actually experience. By using the median—which sits at the midpoint of all campaigns—we provide a more rigorous and realistic benchmark that reflects the true underlying data model and helps you set attainable performance expectations.

Key Factors Affecting Facebook Ad Costs

  • Competition within your selected industry and audience demographics
  • Ad quality and relevance score – higher quality ads can lower costs
  • Campaign objective and bid strategy
  • Timing and seasonality – costs often increase during holiday periods
  • Ad placement (News Feed, Instagram, Audience Network, etc.)

Note: This data represents industry median values and benchmarks. Your actual costs may vary based on specific targeting, ad creative quality, and campaign optimization.

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The data behind the benchmarks

All data is sourced from over $3B in Facebook ad spend, collected across thousands of ad accounts that use Superads daily to analyze and improve their campaigns. Every data point is fully anonymized and aggregated—no individual advertiser is ever exposed.

This dataset updates frequently as new ad data flows in. It will only get bigger and better.

Canada Advertising Landscape

National Holidays

Jan 1New Year's Day
Feb (3rd Mon)Family Day
Apr 18Good Friday
Apr 21Easter Monday (federal)
May (Victoria Day)Victoria Day
Jul 1Canada Day
Sep (1st Mon)Labour Day
Oct (2nd Mon)Thanksgiving
Nov 11Remembrance Day
Dec 25Christmas Day
Dec 26Boxing Day

Key Shopping Season

Late November (Black Friday and Cyber Monday), December (holiday shopping, Boxing Day), Back-to-school (August-September), Mother's Day (May)

Potential Advertising Impact

CPM might increase during Canada Day, Labour Day, and Thanksgiving. Black Friday and Cyber Monday see heightened e‑commerce bidding. December holiday period may spike ad costs. Back-to-school and Mother's Day drive retail competition. Provincial holidays might alter weekday inventory availability.

What is considered a good cost per lead on Facebook in 2025?

A good CPL usually ranges from $10 to $50, depending on your industry and target audience. B2C offers tend to be cheaper, while B2B or high-ticket services may see CPLs over $100.

Why is my CPL higher than industry averages?

Your CPL could be high due to weak creative, irrelevant targeting, or an offer that doesn't resonate. Low engagement or poor conversion rates on your landing page can also drive up costs.

Does campaign objective impact CPL?

Yes. Campaigns optimized for conversions or leads tend to generate cheaper and more qualified leads compared to traffic or engagement objectives. Facebook needs clear signals to find the right users.

How can I generate leads at a lower cost without hurting lead quality?

Focus on improving your offer, targeting the right audience, and using high-converting creative. Test native lead forms, but make sure you're still qualifying users properly.

Should I optimize for leads or conversions if my goal is pipeline growth?

If your goal is sales or revenue, optimizing for deeper funnel conversions is better. Optimizing for leads alone can inflate volume but hurt quality.