Phemex

Bake vs Syrup

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

Syrup Logo

Syrup

Syrup, powered by Maple Finance, is a stablecoin-focused decentralized platform, paying high rates for USDC and USDT. The Syrup platform offers permissionless access to secured, institutional lending. By depositing USDC or USDT into the platform, ...

Platform
Bake Platform
Syrup Platform
Website
Bonus
$30 after $50 deposit
25% additional Drip boost with our referral code/link
Token
DFI
SYRUP
Founded
2019
2024
Headquarters
Singapore
Availability
Non-us
Worldwide (excluding US, Australia and OFAC sanctioned countries)

Cryptocurrency Rates

BTC Rate
2.5%
BTC Max
5%
ETH Rate
2.5%
ETH Max
5%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
6.5%
11.9%
Stablecoin Max

Fees & Financial

Compounding
Yes
Yes
Payouts
Weekly
Fees
Yes
Lockup
None
Maker Fee
Taker Fee
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
Syrup Logo

Syrup Pros

    • Permissionless access to yield
    • “Drips” add addition earning potential

Syrup Cons

    • Not available in the US

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