Puffer Token (PUFFER) is a decentralized governance token based on the Ethereum ecosystem, belonging to the Puffer Finance platform, which aims to enhance Ethereum's scalability and security through innovative liquid restaking and rollup technologies.
Introduction to Puffer Finance and PUFFER Token
Puffer Finance is a liquid restaking protocol built on the foundation of EigenLayer. Users can re-stake their already staked ETH to enhance capital efficiency and earn additional rewards. When users stake ETH in Puffer, they receive corresponding pufETH tokens, which can be used in other decentralized finance (DeFi) applications while still earning rewards from Ethereum staking.
Core Technologies and Features of Puffer
Liquid Restaking: Allows users to use ETH across multiple protocols without un-staking, enhancing capital utilization.
UniFi Rollup: A rollup solution based on Ethereum's security, effectively increasing transaction speed and reducing costs.
Secure-Signer Technology: A security mechanism similar to hardware wallets, protecting validators from penalties due to incorrect signatures.
Low Barrier to Entry: Validators can participate with just 2 ETH, far lower than Ethereum's standard of 32 ETH, encouraging more users to engage in network security.
Market Performance and Future Outlook
As of May 2025, the price of PUFFER is approximately $0.28, with a 24-hour trading volume nearing $30 million, indicating active market trading. Multiple analysis platforms predict that as the Ethereum ecosystem expands and Puffer technology gains traction, the price of PUFFER could reach between $1.9 and $3.4 in the coming years, or even higher, showing significant growth potential.
