Culinary definition of soft peaks: A stage at which whipped foods like cream or egg whites form soft peaks that droop slightly at the tip, instead of standing up to a sharp point.
C@H FOOD FOR THOUGHT
Recipes often require whipping or pouring cream to be beaten until soft peaks are formed. There is only one way to test for soft peaks and that is to stop whisking by hand or electric mixer and lift the beaters out of the bowl. No peaks - keep whipping. If tiny soft-serve-ice-cream-style droops form at the top of the peaks, then you are done. If the peaks form sharp points, you've gone too far (don't go any further unless you want butter).
✭ ✭ ✭ 'Tip' Tip. While cream whipped to stiff peaks stores better in the fridge and is less prone to 'watering' or breaking down, cream whipped to soft peaks is more elegant and old-fashioned. Soft dollops embrace fruits and desserts more completely. Consider soft peaks if you are using whipped cream immediately, and stiff peaks if make-ahead is an issue.