01 - If using refrigerated or frozen rice cakes, soak in warm water for 10–15 minutes until softened. Drain and pat dry thoroughly.
02 - Slice rice cakes into 2-inch pieces if not pre-cut.
03 - Heat oil in a large nonstick skillet over medium heat.
04 - Add rice cakes in a single layer. Pan fry, turning occasionally, until golden and crispy on all sides, about 5–7 minutes.
05 - Push rice cakes to one side of the pan. Add butter to empty space and let melt.
06 - Add honey, brown sugar, soy sauce, and salt to melted butter. Stir until mixture bubbles and thickens slightly, about 1–2 minutes.
07 - Toss rice cakes in glaze, ensuring all pieces are well coated. Cook for another 1–2 minutes until glossy and sticky.
08 - Transfer to serving plate. Sprinkle with toasted sesame seeds and chopped peanuts if using. Serve warm.