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Figure Markets
Fido

Fido

Fido is a crypto-yield platform offering 10% APY with a simple, banking-like app. Unlike other centralized lenders, Fido uses self-custody and is non-...

Krak

Krak

Krak is a new simple crypto-powered mobile payment app by the popular Kraken crypto exchange. It is designed to be a crypto-friendly alternative to Ve...

VS

General

Platform
Fido logo
Krak logo
Founded
Fido 2025
Krak 2025
Headquarters
Fido
Krak San Francisco, CA
Availability
Fido Worldwide
Krak Worldwide

Fees & Financial

Bonus
Fido 30-day 1% APY boost with code: CIR ($250 deposit required)
Krak $10 bonus after $10 deposit with code: CIR
Token
Fido
Krak
Compounding
Fido Yes
Krak Yes
Payouts
Fido Every second
Krak Weekly
Fees
Fido None
Krak None
Lockup
Fido None
Krak None
Maker Fee
Fido
Krak
Taker Fee
Fido
Krak

Cryptocurrency Rates

BTC Rate
Fido
Krak 0.1%
BTC Max
Fido
Krak
ETH Rate
Fido
Krak 1%
ETH Max
Fido
Krak
Stablecoin Rate
Fido 10%
Krak 3.6%

Unique Pros

  • Deposit or withdraw USDC or USD
  • $100k insurance included
  • Fixed target rate

Key Cons

  • 10% is a target rate, not guaranteed
  • US-focused

Unique Pros

  • Simple, fee-free and rewarding app to manage crypto payments
  • Pays interest rewards on most coins
  • No lock ups

Key Cons

  • Rates are modest
  • New app with limited features vs full Kraken