pufETH is a liquid restaking token (LRT) issued by Puffer Finance, representing staked Ethereum that is additionally restaked on EigenLayer to capture extra yield. The token is designed to track the price of ETH while continuously accruing rewards from both base staking and restaking activities.
Market data shows pufETH is actively utilized in Pendle yield-tokenization markets on Ethereum mainnet, with multiple maturity cohorts ranging from mid-2024 to mid-2026. These markets split the token's expected yield into principal and yield components, with historical implied APYs ranging from roughly 4% to 45% depending on the maturity date and prevailing restaking reward rates.
While the token is observed on Base, the provided dataset does not include confirmed decimals or a current USD price, and no Aerodrome pool activity or vote-market participation was recorded. Its primary utility centers on yield generation through restaking, making it a common underlying asset for structured yield products and yield-splitting strategies.