Phemex

Bake vs M2

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

M2 Logo

M2

M2 is a crypto exchange and crypto interest account platform. It pays interest on BTC, USDT, ETH, SOL, DOGE and other altcoins. Choose an Earn Plan You will see three earning plans: Flexible, Fixed, and Custom. Choose the plan that best ...

Platform
Bake Platform
M2 Platform
Website
Bonus
$30 after $50 deposit
Token
DFI
MMX
Founded
2019
2023
Headquarters
Singapore
UAE
Availability
Non-us
Not available in the US

Cryptocurrency Rates

BTC Rate
2.5%
3.5%
BTC Max
5%
6.5%
ETH Rate
2.5%
3.5%
ETH Max
5%
6%
LTC Rate
LTC Max
DOGE Rate
3.5%
DOGE Max
Stablecoin Rate
6.5%
9%
Stablecoin Max
13%

Fees & Financial

Compounding
Yes
Yes
Payouts
Weekly
Daily (must be redeemed)
Fees
Yes
Yes
Lockup
None
30-360 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
M2 Logo

M2 Pros

    • Competitive interest rates

M2 Cons

    • Lockup required for best rates
    • Earnings must be ‘redeemed’

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