USDC 
USDT 
Bitcoin 
Ethereum 
Solana 
XRP 
Litecoin 
Dogecoin 
Krak Snapshot
Simple earn/payment app by Kraken.
Pros
- Simple, fee-free and rewarding app to manage crypto payments
- Pays interest rewards on most coins
- No lock ups
Check Yield data below to understand the source of these returns.
- BTC Bitcoin
- DOWN0.02% APY
- ETH Ethereum
- DOWN1.6% APY
- SOL Solana
- DOWN2.86% APY
- USDC/USDT Stablecoin
- DOWN3.6% APY
Pending US CLARITY ACT regulation specifies you cannot earn yield solely by holding stablecoins.
Report inaccurate data for Krak
Rate Alerts
Get notified when Krak and other rates change. Delivered monthly.
Krak Calculator
Estimates are based on Krak current APY. Rates are subject to change.
How Krak Generates Yield
Yield Mechanics
- Lending
- DeFi Lending Protocols Interest paid by borrowers who provide assets as collateral to take out a loan.
- Staking
-
Proof-of-Stake Rewards
Rewards earned for helping secure the blockchain network and validate transactions.
Risk & Custody
- Custody Model
- Custodial / Third Party
- Track Record
- Operational since 2025
Flexibility & Access
- Lockups
- None
- Access
- Worldwide
Yield methods listed are based on best known platform data. Please note that a single platform may utilize different methods depending on the specific asset, product, or jurisdiction. Platforms may also update their yield strategies at any time.
Krak Review
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 Venmo and Paypal.
Krak Invite Code / Promo Code
Use invite/promo code @cir during sign up to be eligible for $10 sign up bonus.
Krak also offers rewards on supported crypto assets and USDG (the stablecoin default used by the Krak app, Tether (USDT) and Circle (USDC) are also supported).
Krak Auto Earn
Krak pays interest and rewards on certain coins. Specifically, it offers Staking on eligible staking networks (15+ coins including BTC, ETH, XRP, USDT, USDC, SOL, ADA and more). You must turn on auto earn to earn on these assets.
Krak Vaults
Krak Vaults are a high-yield crypto earn product, using audited DeFi protocols. They are only available in the EU/UK.
Krak Vaults offer three tiers, with unique rates and risk profiles.
- Balanced: 5.5% APY (low risk)
- Boosted: 9.5% APY (moderate risk)
- Advanced: 10%+ APY (higher risk, uses leverage)
Krak Vault Features
- No minimums, no lockups, no hidden fees
- 24/7 auto-compounding
- Withdraw anytime
Krak Card
Krak offers crypto credit and debit card.
Krak FAQ
Is Krak available in the USA?
Yes, Krak is available in the USA.
Does Krak pay compound yield?
Yes, Krak pays compound yield.
How often do you receive payouts?
Weekly
Does Krak require a lockup period?
No, Krak does not require a lockup period. You can withdraw your funds at any time.
Does Krak pay interest on Bitcoin?
Yes, Krak pays 0.02% APY on Bitcoin.
Does Krak pay interest on Ethereum?
Yes, Krak pays 1.6% APY on Ethereum.
Does Krak pay rewards on stablecoins?
Yes, Krak pays 3.6% APY on stablecoins like USDC and USDT.
Does Krak pay interest on Solana?
Yes, Krak pays 2.86% APY on Solana (SOL).
What are Krak's withdrawal fees?
None
Does Krak offer a sign-up bonus?
Yes, $10 bonus with $10 deposit
When was Krak founded?
Krak was founded in 2025.
Where is Krak headquartered?
Krak is headquartered in San Francisco, CA.
Where is Krak available?
Worldwide
Krak Card
- Compounds
- Yes
- Payouts
- Weekly
- Withdraw Fees
- None
- Lockups
- None
- Founded
- 2025
- Headquarters
- San Francisco, CA
- Availability
- Worldwide
