Fresh yeast, sometimes called cake yeast or compressed yeast, is a block of fresh yeast cells that contains about 70% moisture and is commonly used by baking professionals. It's pale beige in color, soft and crumbly with a texture similar to a soft pencil eraser, and has a stronger yeast smell than dry yeast.
Fresh yeast is soft and moist and is mainly used by professionals. ... Dry yeast (by contrast) is fresh yeast that has been pressed and dried until the moisture content makes the yeast dormant (until mixed with warm water). Dry yeast has a much longer shelf life than fresh yeast and does not need to be refrigerated unless opened.