In this paper the authors introduce an analogue of the nilpotent cone,
N
{\mathcal N}
, for a classical Lie superalgebra,
g
{\mathfrak g}
, that generalizes the definition for the nilpotent cone for semisimple Lie algebras. For a classical simple Lie superalgebra,
g
=
g
0
¯
⊕
g
1
¯
{\mathfrak g}={\mathfrak g}_{\bar 0}\oplus {\mathfrak g}_{\bar 1}
with
Lie
G
0
¯
=
g
0
¯
\text {Lie }G_{\bar 0}={\mathfrak g}_{\bar 0}
, it is shown that there are finitely many
G
0
¯
G_{\bar 0}
-orbits on
N
{\mathcal N}
. Later the authors prove that the Duflo-Serganova commuting variety,
X
{\mathcal X}
, is contained in
N
{\mathcal N}
for any classical simple Lie superalgebra. Consequently, our finiteness result generalizes and extends the work of Duflo-Serganova on the commuting variety. Further applications are given at the end of the paper.