Cake Wallet vs XDEFI Wallet

Cake Wallet4.3/5

VS

XDEFI Wallet2.7/5

Feature	Cake WalletVisit	XDEFI WalletVisit
Ratings
Our score	4.3/5	2.7/5
User rating	No reviews yet	No reviews yet
Security	4.5	1.0
Ease of use	4.0	2.0
Chain support	4.0	4.5
Features	4.0	3.0
Privacy	5.0	4.0
Specs
KYC required	No	No
Wallet type	Mobile, Desktop	Browser extension, Mobile
Custody	Self-custodial	Self-custodial
Chains	Bitcoin, Ethereum, Solana, Arbitrum, Base, Polygon, BNB Chain, Tron, Other	Ethereum, Bitcoin, Arbitrum, Polygon, Avalanche, BNB Chain, Other
Platforms	iOS, Android, macOS, Linux	Not disclosed
Open source	Yes	Yes
Hardware wallet support	Yes	Not disclosed
In-app swaps	Yes	Yes
NFT support	Not disclosed	Yes
Buy crypto in app	Yes	Not disclosed
Security features	PIN protection, Encrypted backups, Tor routing, Bitcoin Silent Payments, Coin control, Replace-by-Fee	Not disclosed
Recovery without a seed phrase	No	Not disclosed
Built-in dApp browser	No	Yes
Perpetuals trading	No	Not disclosed
Company
Founded	2018	2020
Headquarters	—	United Kingdom
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	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	Supported more than 2,500 blockchain networks in a single browser extension Direct native cross-chain swaps via THORChain with no extra wallet markup Open-source extension client audited by Kudelski Security Non-custodial architecture allowed private key export without identity verification
Cons	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	Permanently ceased operations on August 3, 2026 Suffered a June 2026 exploit resulting in a 16.1 million ADA loss Cannot send, receive, swap, or connect to dApps Removed from app stores
Best for	Monero and privacy-focused asset holders, Users routing transactions through Tor, Mobile users pairing hardware wallets	Former users exporting seed phrases, Historical multichain architecture research

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