---
title: "Puffer on Merkl"
description: "Puffer is a liquid restaking protocol that generates yield through its pufETH token."
canonical: "https://app-a.merkl.xyz/protocols/puffer"
protocol: "Puffer"
protocolId: "puffer"
page: 1
items: 2
totalPages: 1
generated: "2026-10-15T20:51:00.799Z"
---

# Puffer

## Back to

- [Protocols index (markdown)](https://app-a.merkl.xyz/protocols.md)
- [Opportunities index (markdown)](https://app-a.merkl.xyz/opportunities.md)
- [Protocols index (HTML)](https://app-a.merkl.xyz/protocols)

Puffer is a liquid restaking protocol that generates yield through its pufETH token.

## Stats

- **ID**: puffer
- **Name**: Puffer
- **Total opportunities**: 2
- **Live opportunities**: 2
- **Live campaigns**: 2
- **Daily rewards**: $1,452.44
- **Max APR**: 185.73%
- **Website**: https://www.puffer.fi/
- **Tags**: HOLD

## Opportunities: page 1 of 1 (2 total)

| # | Opportunity | Chain | APR | TVL |
| --- | --- | --- | --- | --- |
| 1 | [Lock CARROT on Puffer](https://app-a.merkl.xyz/opportunities/6816459679359270072.md) | [Ethereum](https://app-a.merkl.xyz/chains/ethereum.md) | 185.73% | $206,726.22 |
| 2 | [Lock PUFFER in vlPUFFER](https://app-a.merkl.xyz/opportunities/11276844916348236838.md) | [Ethereum](https://app-a.merkl.xyz/chains/ethereum.md) | 11.56% | $1,265,019 |