Phemex

Bake vs Bybit

Bake Logo

Bake

Bake is a blended staking, lending and yield platform that makes it easy to start experimenting with DeFi products within a centralized platform. Bake does support Dogecoin, as part of a liquidity mining pool. Bake Platform Assets Lending

Bybit Logo

Bybit

Bybit offers a variety of Earn programs designed to help users maximize their cryptocurrency holdings through flexible and fixed-term savings, staking, and more. Bybit Earn Programs Flexible Savings: Bybit Flexible Savings allows users to earn...

Platform
Bake Platform
Bybit Platform
Website
Bonus
$30 after $50 deposit
Token
DFI
Founded
2019
2018
Headquarters
Singapore
Signapore
Availability
Non-us
Worldwide, excluding US

Cryptocurrency Rates

BTC Rate
2.5%
0.6%
BTC Max
5%
2.6%
ETH Rate
2.5%
0.5%
ETH Max
5%
2.5%
LTC Rate
1%
LTC Max
DOGE Rate
1%
DOGE Max
Stablecoin Rate
6.5%
8.79%
Stablecoin Max
10.12%

Fees & Financial

Compounding
Yes
Yes
Payouts
Weekly
Varies
Fees
Yes
Lockup
None
Flexible to 60 days
Maker Fee
0.1
Taker Fee
0.1
Bake Logo

Bake Pros

    • Broad array of defi-like products and yield opportunities
    • Fully owned by both co-founders

Bake Cons

    • Products are more complex or require more lockup time than other platforms
Bybit Logo

Bybit Pros

    • For daily yield products, interest compounds daily

Bybit Cons

    • Tiered interest rates

Earn Interest on Crypto

Bitcoin logo BTC Bitcoin Ethereum logo ETH Ethereum Solana logo SOL Solana Ripple logo XRP Ripple Litecoin logo LTC Litecoin Dogecoin logo DOGE Dogecoin Circle logo USDC Circle Tether logo USDT Tether