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Cake DeFi Adds Support For Ethereum Staking

Published date:

February 2, 2026

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In the words of Dr. Julian Hosp, Cake DeFi’s Co-Founder and CEO, “ETH Staking is the latest addition to our popular staking service. Hosting our own Singapore-based nodes will boost the confidence of investors and developers in the region and support the spirit of decentralization.”

Singapore-based crypto firm Cake DeFi integrated an Ethereum staking product into its platform.

According to Cake DeFi’s blog post, the staking service will provide returns of 5% APY on users’ staked ETH tokens. The firm reassured investors that it is hosting the staking nodes in Singapore.

NEW SERVICE

Please welcome the latest addition to our product line: #Ethereum Staking

It lets you earn rewards from your ETH holdings with industry-leading returns of approximately 5% through Singapore-based nodes. https://t.co/1NCEJihWmQ pic.twitter.com/UbFIbv9C6y
— Cake DeFi (@cakedefi) October 6, 2022

The returns from the Ethereum staking product will be automatically compounded to users’ wallets every 12 hours. Cake DeFi’s team adds that this will increase staking rewards as compared to non-compounding staking.

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Currently, the Ethereum network does not support unstaking. To unstake their ETH tokens, users will need to wait for the Shanghai upgrade.

However, Cake DeFi will soon allow users to withdraw their Ethereum assets via an open market. This unstaking feature will "harness the liquidity of the DeFiChain DEX."

Earlier, Cake DeFi only provided staking benefits on DFI and DASH tokens at APY rates of 19.3% and 5.4%.

Besides staking, Cake DeFi also provides crypto lending and liquidity mining services.

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Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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