Puffer Price

Puffer (PUFFER) is a cryptocurrency launched in 2024 that operates primarily on the Ethereum platform. It's currently ranked #1102 with a price of $0.02289, showing a -3.66% change in the last 24 hours. Puffer functions as a Layer 2 solution with a focus on restaking technology within the EigenLayer ecosystem. The token has a current market cap of $10.03M with a 24-hour trading volume of $37.6K. Puffer has a circulating supply of 438.27M PUFFER out of a maximum supply of 1B PUFFER. Puffer is designed to enhance Ethereum's scalability while maintaining security through innovative restaking mechanisms. The project is part of both the Ethereum and BNB Chain ecosystems, offering cross-chain functionality. Since its launch, Puffer has gained significant attention in the Web3 space, particularly for its contributions to Layer 2 scaling solutions and restaking infrastructure.

Puffer was created on October 13, 2024. It launched on the Ethereum platform as a Layer 2 solution focused on restaking technology. Since its creation, Puffer has established itself in the Web3 ecosystem, particularly within the EigenLayer and BNB Chain ecosystems. The token has a maximum supply of 1 billion PUFFER tokens, with approximately 175.9 million currently in circulation. As of 2026-05-04, Puffer has gained significant traction in the market with multiple trading pairs across various platforms.

Puffer was founded by Kobi Gurkan and Shahar Madar, two experienced blockchain engineers and security experts. Kobi previously worked at ConsenSys and was a founding team member at cLabs (Celo), while Shahar was a security researcher at ConsenSys Diligence. They launched Puffer in 2024 with a focus on creating a secure restaking protocol that operates on Ethereum and BNB Chain. Their technical expertise in blockchain security has been instrumental in developing Puffer's infrastructure for trustless validation services.

Puffer operates as a Layer 2 solution on the Ethereum blockchain, focusing on restaking technology. The protocol allows users to stake their ETH and earn rewards while contributing to network security. PUFFER tokens serve as the governance and utility token within the ecosystem. The Puffer network leverages EigenLayer's restaking infrastructure to provide enhanced security and scalability. With a current price of $0.02289 and a market cap of $10.03M, PUFFER has established itself as a significant player in the restaking sector. Key features include: • Decentralized validation through distributed node operators • Lower gas fees compared to Ethereum mainnet • Enhanced security through cryptographic proofs • Governance rights for token holders The total supply is capped at 1B PUFFER tokens, with 438.27M PUFFER currently in circulation. Since its launch in 2024, Puffer has gained traction for its innovative approach to scaling Ethereum while maintaining security guarantees through its unique consensus mechanism.

Puffer operates on a multi-layer technical architecture designed for scalability and security. At its core, it's built on the Ethereum blockchain as an ERC-20 token, with additional deployment on BNB Smart Chain (BEP20). The architecture incorporates Layer 2 scaling solutions to enhance transaction throughput and reduce gas fees. A key technical feature is its integration with restaking protocols, particularly within the EigenLayer ecosystem, allowing token holders to earn additional yields while contributing to network security. The platform utilizes smart contracts for governance and token distribution, with a total supply cap of 1B PUFFER. The development team has implemented advanced security measures including formal verification of smart contracts and multi-signature wallets for treasury management. The architecture also supports cross-chain interoperability, enabling seamless asset transfers between Ethereum and BNB Chain ecosystems. For technical resilience, Puffer employs a distributed node infrastructure and implements robust consensus mechanisms to ensure network stability and transaction finality.

Puffer has an ambitious roadmap focused on becoming a leading Layer 2 solution in the Ethereum ecosystem. Since its launch in October 2024, the project has been developing its restaking infrastructure and expanding cross-chain capabilities. For 2026-2027, Puffer plans to: • Complete mainnet deployment of its rollup technology • Enhance security features through EigenLayer integration • Expand validator network and staking opportunities • Launch additional DeFi applications on its platform By 2028, Puffer aims to achieve significant adoption milestones with 1M+ users and integration with major DeFi protocols. The team is also working on governance improvements to increase decentralization. Long-term vision (by 2031) includes: • Becoming a top 100 cryptocurrency by market cap • Establishing a comprehensive ecosystem of dApps • Implementing advanced scaling solutions • Expanding enterprise partnerships With 1B PUFFER tokens and current circulation of 438.27M PUFFER, the tokenomics are designed to support sustainable growth while rewarding early adopters and validators.