amphrETH is a token deployed at 0x5fd13359ba15a84b76f7f87568309040176167cd on Base. Based on its naming convention and on-chain activity, it appears to function as an ETH-denominated yield-bearing or staking derivative.
The token is actively utilized as an underlying asset in Pendle markets on Ethereum mainnet, with three distinct maturity cohorts (July, September, and December 2024) showing combined TVLs exceeding $10 million. These markets currently operate in a "cheap PT" regime, with implied APYs ranging from roughly 0.26% to 2.04%, and feature yield programs like Mellow.
Public metadata including the official token name, decimal count, and spot USD price are not currently available, which limits a comprehensive fundamental overview. LP operators should verify the token's exact mechanics and issuer before deploying capital.