Puffer
Research notes
Total value locked, currently 28,064,787.52 USD and down 9.25 percent over the trailing seven days, is worth monitoring because Puffer's fee generation is directly tied to the assets deposited and restaked within the protocol. The take rate of 5.10 percent and the split between protocol revenue and supply-side revenue show how the protocol balances retaining income versus incentivizing depositors, so changes in that ratio over time would be informative. The dilution overhang of approximately 73.94 percent reflects that only 57.49 percent of the one-billion maximum supply is currently circulating, meaning future token issuance could materially shift the relationship between circulating market cap and the fee and revenue figures already on this page. Fee and revenue growth rates over rolling 30-day periods are also worth tracking, as they indicate whether activity on the platform is expanding or contracting.
Written by an AI language model from the figures listed below, on 15 Oct 2026 09:20 UTC.
