Total Value Locked$26.52m
TVL by Chain
Ethereum$26.52m
Key Metrics
Fees 30d$63,759
Fees 30d by chain
Ethereum$63,759
Fees 7d$14,608
Ethereum$14,608
Fees 24h$0.06
Ethereum$0.06
Cumulative Fees$36.86m
Ethereum$36.86m
Revenue 30d$3,187
Revenue 30d by chain
Ethereum$3,187
Revenue 7d$730
Ethereum$730
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.
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 GitHubYields
Pools Tracked1
Average Supply APY2.7%
Competitors
Puffer Stake history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 1, 2024 to Oct 27, 2026.
All-time high TVL: $1.842b on Jun 6, 2024. All-time low TVL: $26.42m on Oct 27, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $31.01m |
| Sep 29, 2026 | $31.15m |
| Sep 30, 2026 | $30.99m |
| Oct 1, 2026 | $31.11m |
| Oct 2, 2026 | $31.37m |
| Oct 3, 2026 | $30.96m |
| Oct 4, 2026 | $31.16m |
| Oct 5, 2026 | $31.58m |
| Oct 6, 2026 | $31.29m |
| Oct 7, 2026 | $31.08m |
| Oct 8, 2026 | $29.63m |
| Oct 9, 2026 | $28.52m |
| Oct 10, 2026 | $28.68m |
| Oct 11, 2026 | $28.83m |
| Oct 12, 2026 | $29.3m |
| Oct 13, 2026 | $28.02m |
| Oct 14, 2026 | $28.57m |
| Oct 15, 2026 | $27.53m |
| Oct 16, 2026 | $27.81m |
| Oct 17, 2026 | $27.59m |
| Oct 18, 2026 | $27.42m |
| Oct 19, 2026 | $27.46m |
| Oct 20, 2026 | $27.25m |
| Oct 21, 2026 | $27.89m |
| Oct 22, 2026 | $28.18m |
| Oct 23, 2026 | $27.26m |
| Oct 24, 2026 | $27m |
| Oct 25, 2026 | $26.82m |
| Oct 26, 2026 | $26.46m |
| Oct 27, 2026 | $26.42m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $523.48m |
| Dec 31, 2024 | $306.9m |
| Jan 31, 2025 | $244.54m |
| Feb 28, 2025 | $168.47m |
| Mar 31, 2025 | $125.22m |
| Apr 30, 2025 | $100.13m |
| May 31, 2025 | $157.33m |
| Jun 30, 2025 | $141.5m |
| Jul 31, 2025 | $146.48m |
| Aug 31, 2025 | $146.35m |
| Sep 30, 2025 | $169.11m |
| Oct 31, 2025 | $149.91m |
| Nov 30, 2025 | $112.53m |
| Dec 31, 2025 | $96.21m |
| Jan 31, 2026 | $85.8m |
| Feb 28, 2026 | $57.69m |
| Mar 31, 2026 | $60.3m |
| Apr 30, 2026 | $66.25m |
| May 31, 2026 | $56.04m |
| Jun 30, 2026 | $42.64m |
| Jul 31, 2026 | $46.34m |
| Aug 31, 2026 | $58.5m |
| Sep 30, 2026 | $30.99m |
| Oct 27, 2026 (latest) | $26.42m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $306.9m |
| Dec 31, 2025 | $96.21m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $3.87m | $96,791 | $0 |
| Dec 2024 | $2.13m | $53,320 | $0 |
| Jan 2025 | $879,697 | $21,992 | $0 |
| Feb 2025 | $342,416 | $8,563 | $0 |
| Mar 2025 | $474,069 | $11,852 | $0 |
| Apr 2025 | $351,643 | $16,045 | $0 |
| May 2025 | $394,564 | $19,729 | $0 |
| Jun 2025 | $251,802 | $12,589 | $0 |
| Jul 2025 | $424,512 | $21,227 | $0 |
| Aug 2025 | $576,671 | $28,833 | $0 |
| Sep 2025 | $367,251 | $18,362 | $0 |
| Oct 2025 | $369,579 | $18,478 | $0 |
| Nov 2025 | $219,149 | $10,956 | $0 |
| Dec 2025 | $388,124 | $19,403 | $0 |
| Jan 2026 | $176,239 | $8,808 | $0 |
| Feb 2026 | $155,394 | $7,768 | $0 |
| Mar 2026 | $123,708 | $6,181 | $0 |
| Apr 2026 | $193,910 | $9,694 | $0 |
| May 2026 | $128,215 | $6,410 | $0 |
| Jun 2026 | $96,521 | $4,825 | $0 |
| Jul 2026 | $89,054 | $4,452 | $0 |
| Aug 2026 | $88,656 | $4,433 | $0 |
| Sep 2026 | $92,644 | $4,632 | $0 |
| Oct 2026 (to date) | $47,149 | $2,357 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/puffer-stake
Frequently asked questions
What is Puffer Stake's TVL?
As of Oct 27, 2026, Puffer Stake has $26.52m in total value locked. TVL has decreased 15.2% 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 $63,759 in fees. Of that, $3,187 was protocol revenue. Based on the trailing year, the annualized rate is $1.89m in fees and $94,511 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 $1.191b across 27 protocols, and Puffer Stake accounts for 2.2% of that total. Similar 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 2.7%.