CAKE — 0.01% APY Staking Pool

The CAKE pool on Venus Core Pool (BSC) currently yields 0.01% APY with $22.45M in total value locked. Deposit your CAKE and earn passive DeFi yield — no KYC, no lockup, self-custodied.

By APY Hub · Reviewed by Ankit Sharma ·

Start Earning 0.01%

Pool Statistics

APY

0.01%

Base APY

0.01%

Reward APY

0.00%

TVL

$22.45M

Chain

Tokens

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APY & TVL History

Historical APY and TVL data for CAKE, sourced from the DeFiLlama API. Use the charts to assess whether the current yield is a recent spike or a sustained rate. Sudden APY jumps often indicate new incentive programs — verify whether they are ongoing before making deposit decisions.

About CAKE

The CAKE pool is a decentralized yield-generating position managed by the Venus Core Pool protocol on the BSC blockchain. Depositors provide CAKE liquidity and receive a share of the fees and rewards generated by pool activity — with no intermediaries, no KYC, and full on-chain transparency.

With 0.01% APY and $22.45M in total value locked, this pool represents an active liquidity opportunities in the BSC DeFi ecosystem. The TVL figure reflects real user confidence — every dollar locked is a deposit from someone who chose this pool over thousands of alternatives.

How This Pool Generates Yield

Yield in CAKE comes from two sources: base APY of 0.01% from trading fees and lending activity, and reward APY of 0.00% from Venus Core Pool protocol incentives paid in governance tokens. The base APY is more sustainable long-term; the reward APY depends on the token price and incentive program duration.

Unlike centralized staking on exchanges, your deposit in CAKE is secured by Venus Core Pool's open-source smart contracts on BSC. You can verify the exact contract addresses, see every transaction in the pool, and withdraw your position at any time without requiring anyone's permission.

Who Should Use CAKE?

This pool suits investors who already hold CAKE and want to put those assets to work beyond simply holding. The single-asset exposure makes this accessible even for investors new to DeFi liquidity provision.

How to Stake CAKE in Venus Core Pool

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Follow these steps to start earning 0.01% APY in the CAKE pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step-by-Step Guide: Staking CAKE in Venus Core Pool
StepActionDetails & Tips
1Buy CAKEPurchase on Bybit, BINGX, or MEXC. Choose the BSC network for withdrawal to save bridging fees.
2Set up a walletInstall MetaMask or use a Ledger hardware wallet. Add the BSC network if not auto-detected.
3Get BSC for gasBuy a small amount of BSC's native token to pay transaction fees (usually $1–10 worth).
4Connect to Venus Core PoolVisit the official Venus Core Pool app. Bookmark the URL. Never use links from DMs or social media.
5Approve & depositApprove the token spend, confirm the deposit transaction. Yield starts accruing in the next block.
6Track & harvestCheck back regularly. Some pools require manual reward claims — harvest and reinvest to maximize APY.

Gas Costs and Break-Even

On BSC, expect to spend approximately $2–$30 in gas for the deposit and withdrawal transactions combined. At 0.01% APY, a $30315615 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — CAKE

Every DeFi investment involves risk. The table below summarizes the key risk factors specific to the CAKE pool. Read carefully before depositing.

CAKE — Full Risk Analysis
Risk FactorLevelDescription
Impermanent Loss✅ Low/NoneSingle-asset or stablecoin pool — impermanent loss risk is minimal or non-existent.
Asset Price Risk🟡 Moderate–HighCAKE can lose significant value. Your position's USD value moves with the asset price, independent of your yield.
Exposure Type🟢 Single AssetYou're exposed to one asset — simpler risk profile, no price divergence between paired tokens.
Smart Contract⚠️ InherentAll DeFi protocols carry smart contract risk. Verify Venus Core Pool's audit history before depositing.
Liquidity Risk🟢 Adequate$22.45M TVL supports normal-size positions without significant slippage.
Protocol Risk🟡 Verify auditsReview Venus Core Pool's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions

What is the current APY for CAKE?

The current APY for the CAKE pool on Venus Core Pool is 0.01%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Venus Core Pool interface before depositing, as rates can shift significantly within hours.

What is the TVL of CAKE?

The total value locked (TVL) in the CAKE pool is currently $22.45M. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.

How do I stake in CAKE?

Acquire CAKE on a CEX like Bybit or BINGX, withdraw to a BSC-compatible wallet, visit the official Venus Core Pool interface, connect your wallet, and deposit into the CAKE pool. Your yield begins accruing immediately.

Is CAKE safe to use?

Venus Core Pool is a DeFi protocol. As with all DeFi, smart contract risk is inherent. Check Venus Core Pool's audit history before depositing significant funds.

How do I withdraw from CAKE?

Connect your wallet to the Venus Core Pool interface, navigate to your position, and select "Withdraw" or "Remove Liquidity." Your principal plus accrued yield returns to your wallet, minus gas fees on the BSC network.

Buy CAKE and Start Earning Today

Affiliate disclosure: APY Hub may earn a commission from partner links on this page. Bonuses and rates are subject to each exchange's terms; verify current offers before depositing.

Tangem
Safe wallet

10% discount

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Secure hardware wallet

Fast delivery