The most underrated project right now for tech-savvy -
$PUFFER
@puffer_finance is a decentralized native liquid restaking protocol for Ethereum - built on
@eigencloud . Puffer unique protocol make it probably the highest capital efficient out of all.
Puffer raised total of 23M$ from prominent venture capital firms and investors:
Electric Capital
Coinbase Ventures
Binance Labs
Consensys
Bankless Ventures
Mechanism Capital
Sreeram Kannan (Founder of EigenLayer)
Sandeep Nailwal (Co-founder of Polygon)
Andrew Kang (Partner at Mechanism Capital)
All the huge name in the game
TVL peaked at 3B$ - but now dropping to 800M$ - while marketcap is only 30M$. No unlock until October 2025 which means no marketcap injecting like
$ALT or
$ARB did.
Entry: 30M$ marketcap and 18M$ marketcap (in case the market went south) you better not go all-in - not even under any circumstance.
Target: 400M$ marketcap or
@Binance listing - whichever comes first