Donut: Earn 8% APY with DeFi 4+

Save & Invest with DeFi

Donut, Inc.

Designed for iPhone

    • 4.7 • 2.5K Ratings
    • Free

iPhone Screenshots


Donut is the easiest way to work your money harder & earn 8% APY. Invest directly from your bank and earn 20x more interest with the power of DeFi.

Supported by world class investors and featured in Forbes, TechCrunch, a16z and Coindesk.


When you deposit money from your bank, Donut automatically converts your US dollars to digital dollars (stablecoins such as DAI).

We lend your dollars in decentralized money markets where they earn a guaranteed 4% APY, rising up to 10% depending on your strategy.

DeFi lending is highly collateralized, typically over 125%. This means your principal is always covered.

Our lending partners include institutional borrowers and trusted DeFi lenders such as Yearn & Anchor.

Sit back and watch your money earn interest in real time, 24/7 with the power of DeFi.


Select your strategy:

• Save: 4% Fixed APY. Good for predictable saving.

• Build: 5-7% APY. Perfect for building your future nest egg.

• Grow: 8-10% APY. Designed for capital growth.

Add funds or withdraw to your bank at any time. There are no lock-ins or annual commitments.

Schedule Recurring investments and Collect your spare change from everyday purchases.

Invite friends and receive a +1% APY Boost for 30 days when they make their first deposit.


• Donut is a high-yield, fixed income product powered by DeFi lending.

• Lending on Donut is highly collateralized, typically 125-200%, meaning your principal is covered.

• Accounts on Donut are not FDIC insured and therefore not zero-risk.

• We use the highest security standards: AES-256 alongside 2FA and personal PINs.

• We partner with industry leaders, Plaid and Evolve Bank & Trust (Member FDIC), to ensure secure deposits and withdrawals.

• Our trusted lending partners include Yearn & Anchor, who safely manage over $10 billion in assets.


What’s New

Version 3.0.8

What's new in Donut?

- Providing more information on Grow adjustment.

Please note we're currently experiencing some service disruptions due to this weeks' unprecedented market conditions. We'll be back to normal soon. Thanks for hanging in there.

Ratings and Reviews

4.7 out of 5
2.5K Ratings

2.5K Ratings


One Week Test

Super pleased with Donut. Deposited a few hundred with the idea that I’d see how it earned, how the app functioned and then in a weeks time, withdraw to see if the action was seamless. In one week, my few hundred earned what my big bank gives in six months time! Incredible. The app is beyond simple to use. It isn’t crowded and I never felt like I needed to scroll or tap every which way to find what I needed. Lastly and the only thing that made me nervous, I withdrew at exactly one week. It was as easy as hitting the withdraw button, a quick review of bank account info and then confirmation that it would take 1-5 business days to hit my account. That was a Friday. The following Thursday, the full amount was deposited into my bank account. If you’re like me, you’ve read 2 million reviews for different platforms where people can’t get their money, their account froze/locked out or they can’t find anyone to speak to and it really holds you back. Anyhow, thanks to this going so well and putting me at ease, I’ve redeposited my funds and elected to go with the Build plan. This is an incredible app for savings. My eventual goal is to completely ditch my useless bank savings. Great app, Donut. I look forward to working with you all for some time. Regards.

Developer Response ,

Thank you for the awesome review! We're excited to be building Donut for you 👊!


Great UI/App, Excellent CS, Great Savings Opportunity!

Donut is a rare, if not unique blend of an app that combines ease of use/straightforward UI, a terrific opportunity to invest in DeFi and grow your savings, with an honest and responsive customer service and tech team. I highly recommend this app and Donut for a small, medium or even a large investment. The interest rates cannot be matched by any bank product (and still outpace inflation even in this hostile environment) and offer less risk than stock market derivatives. As these savings investments are not FDIC insured (read: guaranteed against loss by the government), I’m not advocating mortgaging your home to invest in Donut’s offerings, but dollar-for-dollar, money that you otherwise might invest in the stock market or other non-guaranteed vehicles has a much more stable return via Donut, and provides an excellent opportunity to become involved in DeFi without needing to understand and navigate through complex crypto transactions to participate. Highly recommend! A++

Developer Response ,

Thank you so much for the review! Our goal is to create the most simple and secure experience to DeFi, regardless of knowledge 🙏

WTR2x5 ,

Withdrawal Trouble

Donut had been great up until I decided to test how quick a withdrawal would be. In my opinion, Donut needs to do two basic things well in order to be a good business: back up their claim of high-earning interest AND let the customer have access to their capital according to their timeline (1-5 business days). While it has held up their promise of 8%+ APY, it has failed me when it came to accessing my money. I requested a withdrawal on March 4 and I have yet to see my money back in my banking account. I have tried many times since then to get a hold of someone in customer service, but I haven’t heard back from anyone. I have even emailed Neel Popat. There is no point in seeing my Donut account grow by leaps and bounds if my money is no longer accessible. It’s all an illusion. I will be closing my account as soon as I get my money back. I’m highly disappointed in their performance as I had high hopes.

Developer Response ,

Hey there! We're sorry that we failed you. Are you able to e-mail us at and we'll look into this right away? Speedy withdrawals are of utmost importance to us.

App Privacy

The developer, Donut, Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • User Content
  • Identifiers
  • Usage Data
  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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