amphrLRT is a liquid restaking token (LRT) deployed on Base at address 0x06824c27c8a0dbde5f72f770ec82e3c0fd4dcec3. The token functions as a yield-bearing derivative, representing a restaked position likely issued by the Amphor protocol. It is primarily utilized as an underlying asset in Pendle’s yield-tokenization markets, where it is split into principal and yield tokens to allow participants to hedge or speculate on future restaking rewards.
Current market data shows amphrLRT is actively tracked in Pendle markets on Ethereum, with two active epochs maturing in September and December 2024. These markets report implied APYs ranging from approximately 22.8% to 26.3% and hold a combined TVL of over $12 million. The token does not currently appear in Aerodrome pools or Base vote markets, indicating its primary utility is tied to restaking yield generation and Pendle yield structuring rather than local Base liquidity or governance participation.