SuperETH is a liquid restaking token (LRT) deployed on Base at address 0xef101508bf4dc6cf0f0a0c135f39a41fab4e4389. It functions as a yield-bearing derivative of staked ETH, allowing holders to participate in Ethereum restaking while retaining the ability to trade or use the token as collateral across DeFi protocols.
The token maintains active presence on Pendle, where it is structured into two principal token (PT) and yield token (YT) markets maturing in July and October 2025. These markets currently show implied annualized yields between 13% and 18%, with combined total value locked exceeding $6 million. The yield structure is primarily driven by the Superform YT program, which offers a 50x multiplier on yield claims.
As an LRT, SuperETH is designed to capture both base Ethereum staking rewards and additional restaking incentives, making it a common underlying asset for yield optimization strategies on Base and Ethereum.