What Is Cake DeFi? It is a Centralised DeFi (CeDeFi) platform, acting as a custodian to make the DeFi world more accessible to novice crypto investors. It primarily leverages on the DeFiChain blockchain with rewards paid out in DFI. In this review, we explore Cake DeFi’s background and corporate setup in Singapore, its license and regulatory status, product portfolio, usage notes and tips, and what sets it apart from the competition. We also list our referral code for readers to obtain sign up benefits.