What is Cake Wallet?
Cake Wallet is a free, open-source, self-custody crypto wallet made by Cake Labs. It started in 2018 as a Monero wallet for iPhone and now supports Bitcoin (including Lightning), Litecoin (including MWEB), Ethereum and several other networks on Android, iPhone, iPad, Mac and Linux. You hold your own keys, there is no account, and nobody, including Cake, can recover your funds if you lose your seed.
Cake Wallet is a mobile and desktop app for storing, sending, receiving and swapping cryptocurrency. It is non-custodial: the keys to your coins are created and kept on your own device, protected by a PIN, and backed up by a recovery phrase (seed) that only you hold. It is best known in the Monero community, where it began, and for privacy features that few other multi-coin wallets offer.
The app is made by Cake Labs LLC. Its source code is public on GitHub under the MIT licence, and the App Store lists the publisher as Cake Technologies, LLC. Cake Wallet's website says the app has been operating since 2018 and claims more than 2 million users (cakewallet.com, October 2026). We could not verify that figure independently.
Not to be confused with
The name causes mix-ups in search results. Cake Wallet has nothing to do with:
- CAKE, the PancakeSwap token. Pages about a "CAKE wallet" are usually about where to store that token.
- Cake DeFi (now Bake), a different company with its own app.
- CAKE.com and Clockify. Cake Wallet's security policy says it is not affiliated with them.
There is also Monero.com by Cake Wallet, a separate Monero-only app from the same team. We explain the difference in Monero.com app vs Cake Wallet.
How Cake Wallet works
When you tap Create New Wallet, the app generates a seed for the coin you pick and shows it to you. Write it down on paper and keep it offline. The seed is the wallet: with it you can restore your funds on any device, and anyone else who sees it can take them.
- No account, no KYC. There is no sign-up or login. Cake Wallet says using the wallet requires no identity checks, although third-party buy and sell providers inside the app may ask for them (Cake Wallet docs, 2026).
- No recovery service. Cake cannot freeze, reverse or recover transactions, and the PIN is stored only on your device. If you forget the PIN, the only fix is to restore from your seed.
- Several wallets in one app. You can keep many wallets side by side, and a single 12-word BIP39 seed can cover several chains in a "wallet group".
- Nodes. The app connects to nodes run by Cake by default. You can switch to public nodes or your own node, and route traffic through Tor. See custom nodes and privacy and Tor.
Monero seeds come in three formats in Cake Wallet: 16-word Polyseed (the default, which stores the wallet's creation date), the older 25-word format and 12-word BIP39. If you use a 25-word seed, also write down the restore height so a future restore does not have to scan the whole blockchain. Our seed backup guide covers the details.
Supported coins (October 2026)
As of version 6.5.0 (October 2026), Cake Wallet's documentation lists these networks:
| Type | Coins and networks | Notes |
|---|---|---|
| Privacy coins | Monero (XMR), Zcash (ZEC) | Zcash on Android and iOS only |
| Bitcoin family | Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE) | Bitcoin includes Lightning; Litecoin includes optional MWEB |
| EVM chains | Ethereum, Polygon, Arbitrum, Base, BNB Smart Chain, Robinhood Chain | Tokens such as USDT and USDC, plus custom tokens |
| Other | Solana, Tron, Nano, Decred | SPL and TRC-20 tokens; Decred on Android and iOS only |
Coins can also leave. Haven was removed in March 2025 after its project shut down. Wownero wallets now open only to show their seed and keys. Since 6.5.0, new Zano wallets can no longer be created or restored, and Cake suggests moving Zano funds elsewhere (Cake Wallet release notes, October 2026). The full list, with dates, is on Cake Wallet supported coins.
Main features
| Feature | What it does |
|---|---|
| Monero subaddresses and accounts | A new receiving address for each payer, grouped into accounts. See Monero in Cake Wallet. |
| Bitcoin Silent Payments | A reusable sp1 address that does not reveal your payment history. Added in 2024. See Silent Payments. |
| Payjoin | Sender and receiver both add inputs, which breaks common chain-analysis assumptions. See Payjoin. |
| Litecoin MWEB | Optional confidential Litecoin balance on Android and iOS. See Litecoin MWEB. |
| Lightning | Fast Bitcoin payments and an @cake.cash address, added in version 6.0 (February 2026). See Lightning. |
| Built-in swaps | Exchange between coins through third-party providers. See swaps. |
| Buy and sell | Third-party on-ramps and off-ramps such as MoonPay and DFX.swiss. See buy and sell. |
| Cake Pay | Buy gift cards and prepaid cards with crypto. See Cake Pay. |
| Hardware wallets | Ledger, Trezor, BitBox and COLDCARD for supported coins. See Ledger and Trezor. |
| Security options | PIN, biometrics, optional Cake 2FA and a Duress PIN that deletes wallets. |
Where it runs
| Platform | Where to get it | Status (October 2026) |
|---|---|---|
| iPhone, iPad, Mac | App Store (one listing) | Available, iOS 15 or macOS 12 and later |
| Android | Google Play, Accrescent, Cake's F-Droid repository, GitHub APK | Available, Android 8.0 and later |
| macOS (outside the App Store) | GitHub releases (.dmg) | Available |
| Linux, Tails | GitHub releases (Flatpak or tar.xz) | Available |
| Windows | Only old pre-6.0 builds on GitHub | Paused during a desktop redesign |
Cake recommends the mobile apps for now and says a refreshed desktop app is expected in late 2026 (Cake Wallet docs, 2026). Desktop builds leave out some coins and features. Start at how to download Cake Wallet safely.
How Cake Wallet makes money
The app is free, and Cake says it charges no fee to send or receive: you pay only the network fee, which goes to miners or validators (Cake Wallet docs, 2026). Swaps, purchases and sales go through third-party providers that build their costs into the rate they quote.
Cake does not publish how it earns money from these. The open-source code passes affiliate, commission or markup settings to several of the swap providers offered in version 6.5.0, but the amounts come from private build settings and are not public (Cake Wallet source code, October 2026). So swaps may include a share for Cake on top of the provider's own spread. Compare quotes before large swaps; our fees guide explains what you pay.
Short history
| Date | Milestone |
|---|---|
| 2018 | Launches as a Monero wallet for iPhone |
| February 2021 | Bitcoin support (version 4.1.0); Litecoin follows in May 2021 |
| May 2021 | Cake discloses weak Bitcoin seeds created by earlier versions and tells users to move funds |
| January 2022 | Monero.com, a Monero-only sibling app, launches |
| 2023 | macOS and Linux apps; Ethereum, Nano, Bitcoin Cash and Polygon added; Polyseed |
| 2024 | Silent Payments (May), Litecoin MWEB (October), Ledger support |
| 2025 | Payjoin v2 (May), built-in Tor (June), Trezor support (October) |
| February 2026 | Version 6.0: full redesign and Bitcoin Lightning |
| October 2026 | Version 6.5.0: Robinhood Chain, Bitcoin accounts, price charts, Zano phase-out |
Dates are from Cake's release notes and blog. The security events are covered in Is Cake Wallet safe? and the security history.
Who it suits
Cake Wallet fits people who want Monero and Bitcoin on a phone, with privacy tools built in and the option to swap between coins without an exchange account. It is less suited to people who need a Windows app today, who want a wallet with reproducible builds they can verify themselves, or who only use one Ethereum-style chain and need deep DeFi features. Our Cake Wallet review weighs the pros and cons, and alternatives lists other options.
A note on rules: privacy coins such as Monero are treated differently from country to country, and some exchanges do not list them in some regions. Check what applies where you live. This page is not legal advice.
Stay safe from day one
- Install only from the official sources and check them with our download checker.
- Cake Wallet says its support will never ask for your seed, and that anyone who messages you first offering help is almost always a scammer (Cake Wallet docs, 2026).
- Back up every seed on paper. For 25-word Monero seeds, note the restore height too.
Frequently asked questions
Is Cake Wallet free?
Yes. The app is free and Cake says it charges no fee to send or receive. You pay network fees, and swap or buy providers build their costs into their quotes. The source code passes affiliate or markup settings to several swap providers, so swap quotes may include an undisclosed share for Cake.
Who owns Cake Wallet?
Cake Wallet is developed by Cake Labs LLC, which holds the copyright to the open-source code. The App Store lists the publisher as Cake Technologies, LLC.
Is Cake Wallet a Monero wallet?
It started as one and Monero is still central, but it now also supports Bitcoin, Litecoin, Ethereum and other networks. Monero.com by Cake Wallet is the separate Monero-only app.
Does Cake Wallet need an account or ID?
No. There is no account or login, and the wallet needs no KYC. Third-party buy and sell providers inside the app may ask for identity checks under their own rules.
Is Cake Wallet the same as the CAKE token?
No. Cake Wallet is unrelated to PancakeSwap's CAKE token and to Cake DeFi.
Can Cake recover my wallet if I lose my phone?
Not without your seed. Cake Wallet is non-custodial, so only your recovery phrase (or an encrypted backup file plus its password) can restore your funds.