- #758
Puffer PUFFER
PUFFER Price
Market Cap
$61.89 MRank #758FDV
$597.90 MRank #219Investors
X Followers
Detailed Performance
PUFFER shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
PUFFER to USD Converter
Price History
- All-Time High
- $0.99461.66x to ATH
- All-Time Low
- $0.2432.46x to ATL
- Trade Launch Date
- 14 Oct, 2024
68 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $24.27 M
- Tokens Sold
- 10.37 M PUFFER
Activities1
See moreExchanges
Exchanges type
Upcoming Events
About PUFFER
Puffer Finance was founded in 2002 by Amir Forouzani and Jason Vranek. Vranek, who acts as the project’s CTO, said that Ethereum’s liquid staking model combined with EigenLayer’s native restaking capabilities allow users to maximize rewards. The approach simply increases resource efficiency to expand revenue streams, while enhancing visibility at the same time. Puffer itself claims that its mission is to define a new industry standard for secure validator operations, with the primary objective of preserving Ethereum’s decentralization. It also uses anti-slashing technology to reduce the risk of correlated slashing events across Ethereum, while simultaneously promoting decentralization by lowering the entry barrier for validators. The project has received multiple investments from prominent names, including Brevan Howard Digital, Jump Crypto, Lightspeed Faction, and, as of January 2024, also Binance.
What makes Puffer Finance unique?
Puffer Finance has introduced many staking modules, each of which comes equipped with unique EigenLayer AVSs, created for specific strategies.
However, the project truly distinguishes itself by tapping into EigenLayer to generate additional restaking rewards.
Specifically, the protocol introduced Native Liquid Restaking Tokens (nLRTs), which act as a hybrid asset that combines the features of PoS and restaking rewards. As such, it can increase the value proposition for participants.
Its long-term goal is to reach a future where validators transcend the confines of traditional Proof of Stake validating. Instead, it empowers them to reuse their hardware and capital as efficiently as possible, to increase profitability and viability alike.
Live Puffer Price Data
The current price of Puffer (PUFFER) is approximately $0.5979, reflecting a decrease of -0.68% in the last 24 hours. The PUFFER trading volume in the last 24 hours stands at $104.94 million. Puffer's market cap is currently $61.89 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of PUFFER is 102.30 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Puffer's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PUFFER, check out our crypto insights page.