1inch Wallet vs Cake Wallet

1inch Wallet4.3/5

VS

Cake Wallet4.3/5

Feature	1inch WalletVisit	Cake WalletVisit
Ratings
Our score	4.3/5	4.3/5
User rating	No reviews yet	No reviews yet
Security	4.0	4.5
Ease of use	4.5	4.0
Chain support	4.5	4.0
Features	4.5	4.0
Privacy	4.0	5.0
Specs
KYC required	No	No
Wallet type	Mobile	Mobile, Desktop
Custody	Self-custodial	Self-custodial
Chains	Ethereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, Other	Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other
Platforms	iOS, Android	iOS, Android, macOS, Linux
Open source	Not disclosed	Yes
Hardware wallet support	Yes	Yes
In-app swaps	Yes	Yes
Staking	Yes	Not disclosed
Buy crypto in app	Not disclosed	Yes
WalletConnect	Yes	Not disclosed
Security features	MEV protection, Encrypted file backup, Cloud backup, Hardware wallet integration	PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee
Recovery without a seed phrase	No	No
Built-in dApp browser	Yes	No
Perpetuals trading	Not disclosed	No
Company
Founded	2019	2018
Headquarters	—	—
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Native swaps across 18+ blockchains without routing through third-party bridges Self-custodial architecture requiring no identity verification or KYC Zero gas fees available on supported swap modes Hardware wallet pairing supported through Ledger devices	Fully open source under the MIT license Self-custodial design requires no user account creation or identity verification Built-in Tor routing conceals IP addresses when broadcasting transactions Integrates hardware signing devices alongside an air-gapped phone signing option
Cons	No native desktop application available March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers Unbacked private keys cannot be recovered if device access is lost	Native in-app bridging is restricted to USDT across Ethereum, Polygon, and Arbitrum In-app exchange rates and fiat purchases carry external third-party provider fees Fee customization and bumping tools are unavailable on Solana, Tron, and Arbitrum Requires users to manage seed phrase backups without automated social recovery
Best for	Active multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protection	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets

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