Logo of Puffer StakePuffer Stake(PUFFER)

Total Value Locked$31.39m

TVL by Chain

Ethereum$31.39m

Key Metrics

Fees 30d$94,161
Fees 30d by chain

Ethereum$94,161

Fees 7d$17,212

Ethereum$17,212

Fees 24h$0.07

Ethereum$0.07

Cumulative Fees$36.83m

Ethereum$36.83m

Revenue 30d$4,708
Revenue 30d by chain

Ethereum$4,708

Revenue 7d$861

Ethereum$861

Revenue 24h$0

Ethereum$0

Cumulative Revenue$1.03m

Ethereum$1.03m

Holders Revenue 30d$0
Holders Revenue 30d by chain

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Total Raised$23m

Aug 8, 2023$5mRound: SeedInvestors: Lemniscap, Lightspeed Faction, Brevan Howard Digital, Bankless Ventures, Animoca Brands, DACM, LBK, SNZ Capital, Canonical Crypto

Jan 30, 2024Round: StrategicInvestors: Binance Labs

Apr 16, 2024$18mRound: Series AInvestors: Brevan Howard Digital, Electric Capital, Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism Capital, Lightspeed Faction, ConsenSys, Animoca Brands, GSR

Protocol Information

Puffer operates as a decentralized native liquid restaking protocol native to its ecosystem. Prior to its mainnet launch, pufETH serves as a yield-generating token, mirroring the yield of wstETH, while also providing users the opportunity to accumulate both Puffer and EigenLayer points.

WebsiteX/Twitter
Category:Liquid Restaking

Methodology

TVL: Returns the total assets owned by the Puffer Vault on Ethereum.View code on GitHubFees: Total yield from restaking rewards (AVS fees) and validator ticket sales, reflected in pufETH exchange rate appreciationView code on GitHubRevenue: Protocol fee and guardians fee collected from yield distributed to pufETH holders.View code on GitHubHolders Revenue: View code on GitHub

Yields

Pools Tracked1

Average Supply APY2.97%

Competitors

Kelp ($1.134b)Renzo ($123.19m)Mantle Restaking ($43.82m)Swell Liquid Restaking ($32.44m)Bedrock uniETH ($27.92m)Mellow Restaking ($26.68m)InceptionLRT (Isolated Restaking) ($7.54m)Eigenpie ($4.86m)King Protocol ($1.54m)Neemo Finance ($1.35m)

Frequently Asked Questions

What is Puffer Stake's TVL?

Puffer Stake currently has $31.39m in total value locked. TVL has decreased 47.5% over the past 30 days.

What chains does Puffer Stake operate on?

Puffer Stake operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Puffer Stake generated in fees and revenue?

Over the past 30 days, Puffer Stake generated $94,161 in fees. Of that, $4,708 was protocol revenue. Based on the trailing year, the annualized rate is $2.14m in fees and $106,887 in revenue.

How does Puffer Stake's TVL compare to similar protocols?

Among Liquid Restaking protocols tracked by DefiLlama, Puffer Stake ranks #5 by TVL. The category holds $1.454b across 28 protocols, and Puffer Stake accounts for 2.2% of that total. Other leading protocols include Kelp, Renzo, Mantle Restaking, Swell Liquid Restaking, Bedrock uniETH, Mellow Restaking, InceptionLRT (Isolated Restaking), Eigenpie, King Protocol, and Neemo Finance.

How many yield pools does Puffer Stake have?

DefiLlama tracks 1 Puffer Stake yield pool with an average APY of 3%.