InformationTVLGovernance

Puffer Finance

Total Value Locked$204.89m

TVL by Chain

Ethereum$204.89m

Key Metrics

Total Raised$23m

Aug 8, 2023$5mRound: SeedInvestors: Lemniscap, Lightspeed Faction, Brevan Howard Digital, Bankless Ventures, Animoca Brands, DACM, LBK, SNZ Capital, Canonical CryptoSource: https://twitter.com/CoinDesk/status/1688942178049900544

Jan 30, 2024Round: Strategic Investors: Binance LabsSource: https://x.com/BinanceLabs/status/1752316821687181678

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, GSRSource: https://x.com/CoinDesk/status/1780174362793894202

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.

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol