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What is Nook Savings?

Nook Savings provides an innovative and accessible platform to earn passive income through decentralized finance (DeFi) protocols directly from your mobile device, without requiring a crypto wallet. Users can simply sign in with their email address and fund their account via Coinbase or any major bank, streamlining access to DeFi’s high-yield opportunities. The app features automatic payouts every 16 seconds, allowing users to watch their earnings grow in real time. Nook intelligently connects users to top-performing, secure DeFi protocols that have undergone rigorous audits, delivering average savings rates around 7.6% APY—significantly higher than traditional bank offerings. Its automated system continuously searches for the best yields and dynamically switches protocols to maximize returns. Users enjoy instant deposits and withdrawals with no lockups, delays, or minimum balance requirements, offering total flexibility and control. Nook’s user-friendly interface demystifies DeFi, making it suitable for both beginners and seasoned investors. The platform’s strong security measures and transparency provide peace of mind. By combining cutting-edge DeFi technology with straightforward usability, Nook revolutionizes how everyday savers grow their money. Overall, Nook Savings delivers a modern, secure, and highly rewarding alternative to conventional savings accounts.

What is Coinbase Custody?

Coinbase Custody operates as an independent entity, distinctly funded and separate from Coinbase, Inc., and serves in the role of a fiduciary under New York State Banking Law. It ensures that all digital assets are meticulously separated and held in trust for clients, utilizing dedicated on-chain addresses that are fortified by Coinbase’s reliable cold storage methods. The insurance coverage we offer is regarded as among the top in the industry, providing strong protection for our clients’ assets. Furthermore, we undergo regular financial and security assessments by independent firms to maintain compliance and security standards. Many fiduciary funds struggle to generate rewards through Delegated Proof of Stake (staking) due to various risks involved; however, Coinbase Custody's pioneering approach enables secure staking from stored assets, transforming the landscape. Not only has it made safe staking possible for the first time, but it also opens the door for clients to engage in governance activities, like voting on protocol changes, while their assets remain offline. Currently, we support Maker Governance and are diligently working to broaden our support for other networks soon. This dedication to innovation and security not only enhances user experience but also establishes Coinbase Custody as a leader in the digital asset management space. As we continue to expand our services, we remain committed to redefining the standards of asset safety and stakeholder engagement.

Media

No images available

Media

Integrations Supported

Base App
Coinbase
Coinbase Commerce
Integral

Integrations Supported

Base App
Coinbase
Coinbase Commerce
Integral

API Availability

Has API

API Availability

Has API

Pricing Information

$0
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Nook Savings

Date Founded

2025

Company Location

United States

Company Website

nookapp.xyz/

Company Facts

Organization Name

Coinbase

Date Founded

2012

Company Location

United States

Company Website

custody.coinbase.com

Categories and Features

Categories and Features

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