Cake Wallet
Open-source multi-currency and Monero-focused wallet
We reviewed Cake Wallet using 4 official and public sources. The notes below focus on custody, recovery, and security trade-offs.
Cake combines unusually broad open-source asset support with strong Monero-specific controls, but every added asset and provider introduces its own recovery and privacy assumptions.
- privacy-conscious users who need Monero plus other major assets
- users who value open source, custom nodes, and asset-specific control
Key specifications
- Brand
- Cake Wallet
- Role
- Consumer Wallet
- Custody
- Self Custody
- Platforms
- iOSAndroidMacosLinuxF Droid
- Networks
- monerobitcoinethereummulti-chain
- Pricing
- Free
Free to download and use
Monero recipient-address history and sync state have separate privacy/recovery implications from Bitcoin or EVM wallets.
- Key setup
- Seed Based HdGenerated KeysImported KeysWatch onlyHardware Backed
- Backup options
- wallet-specific seed phraseprivate-key or keys restoreencrypted backup/external location or iCloudhardware-wallet recovery
Multi-asset self-custody with asset-specific seeds, node sync, privacy settings, integrated providers, and broad attack surface; Monero privacy depends on endpoint and backup discipline as well as protocol design.
- Encrypts keys locally
- Yes
- Privacy note
- The repository privacy document is a strong source for app claims, but current provider and platform disclosures need separate verification.
Third-party providers can affect uptime, privacy, and recovery. They are documented here for context, not as ranking points.
- Asset-specific nodes and RPC/indexer providers (Node; KYC: Not Required)
- Exchange, swap, and fiat on-ramp providers (Other; KYC: Provider Dependent)
- Affiliate
- No affiliate relationship recorded
Sources we checked
4 sources reviewed, with 4 documented claims tied to specific fields.
- Cake Wallet repository
Cake describes itself as open source, non-custodial, and private and identifies mobile/desktop multi-currency support.
- Cake Wallet Monero documentation
Cake documents 16-word Polyseed as the default Monero format and 25-word legacy seed as an alternative.
- Cake restore from seed or keys
Cake documents restoring supported asset wallets from seed phrases or keys and resynchronizing after restore.
- Cake Wallet privacy
Cake’s privacy document states that usage data is not collected by Cake Labs and that private keys, seeds, backup files, and passcodes remain the user’s responsibility on-device.
More in this category
Atomic Wallet Desktop
desktop multi-asset users who can independently protect a 12-word backupAtomic offers broad desktop multi-asset coverage and explicit self-custody language, but current platform/incident uncertainty and third-party service dependence warrant a higher-risk editorial posture pending deeper review.
Custody: Self Custody
Platforms: Windows, Macos, Linux
Role: Consumer Wallet
Free
Atomic Wallet Mobile
Android multi-asset users who can independently protect a 12-word backupThe mobile product has the same basic self-custody phrase model as Atomic Desktop but a materially different availability profile, so it remains a limited, higher-risk surface pending further research.
Custody: Self Custody
Platforms: Android, iOS
Role: Consumer Wallet
Free
Backpack Wallet
users seeking a Solana/Ethereum wallet with mobile and browser surfacesBackpack’s official distribution and product terms support a separate wallet record, but the reviewed sources leave key-management, recovery, provider, and source-availability claims unresolved.
Custody: Self Custody
Platforms: iOS, Android, Browser Extension
Role: Consumer Wallet
Free