Puffer Finance review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Puffer Finance sits apart from the custodial earn accounts around it because custody stays with you while your ETH still earns. Yield of 5.5% to 6.5% on a single liquid staking token suits holders who want ether exposure that keeps earning and stays withdrawable.
Key facts
- Best for
- Holding ETH long term while keeping control of the keys and a flexible exit.
- Yield
- 5.5% to 6.5%↗
- Supported assets
- ETH↗
- Lock-up terms
- Withdrawable via ERC-4626↗
- Custody
- Non custodial↗
- Founded
- 2022↗
- Support channels
- Community↗
- Features
- Liquid staking
- Official website
- puffer.fi
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Elsewhere
- X
Pros and cons
Pros
- Non-custodial, so the token and the exit route stay in your own wallet
- Liquid staking, so ETH keeps earning without a fixed term
- Withdrawable via ERC-4626, so you can leave the position when you choose
- Yield of 5.5% to 6.5% against an earn ranking median of 7%
Cons
- Only ETH is supported, so there is nothing to switch to if you want other assets
- Support runs on community only, with no direct contact channel listed
- A single-asset product puts the whole return on one network, ETH
Who it suits
- Long term ETH holders who want staking rewards without giving up custody
- Self-custody users who prefer liquid staking to a fixed staking term
- Anyone who wants a plain ether yield rather than a multi-asset account
Who should look elsewhere
- Bit2Me, if you want a much wider 0.5% to 19.2% range and a long asset list
- bunq Crypto Spain, if you want a 8.25% earn balance inside a bank account
- VaultLeap, if you would rather hold USDC than stake ETH
The company behind it
Puffer Finance was founded in 2022 and has grown around ether liquid staking. Support runs on community, so questions go to the wider holder base rather than a dedicated desk. The protocol is on-chain infrastructure rather than a brokered savings account, and the rate it pays moves with the network rather than staying fixed.
How Puffer Finance compares
- 8.3 vs 9.3
8.3 vs 9.2
8.3 vs 9.4
8.3 vs 9.7
8.3 vs 9.6
8.3 vs 9.0
8.3 vs 9.0
8.3 vs 9.0
8.3 vs 8.2
8.3 vs 8.2
8.3 vs 9.7
8.3 vs 9.4
8.3 vs 9.3
8.3 vs 9.0
8.3 vs 8.7
8.3 vs 8.6
8.3 vs 8.5
8.3 vs 8.5
Frequently asked questions
What yield does Puffer Finance pay?+
Puffer Finance pays 5.5% to 6.5% on staked ether through its liquid staking token. That sits below the earn ranking median of 7%, and the rate moves with the network rather than staying fixed. You earn on the ETH you deposit.
Do I keep control of my ETH?+
Custody is non-custodial, so the token sits in your own wallet and Puffer Finance does not hold the position on its own books. Support runs on community, so protocol questions are answered through the wider holder community.
Can I withdraw whenever I want?+
Exits follow the Withdrawable via ERC-4626 standard, so there is no fixed term to sit out. You leave the position when you decide rather than waiting for a window. The liquid staking design keeps the token tradeable while it earns.
Which assets can I stake?+
The supported asset is ETH, so this is a single asset product rather than a multi-coin earn account. The liquid staking design is what keeps the balance earning and tradeable. Readers who want a broader list can look at the range on Bit2Me.
How does it compare with custodial earn accounts?+
Most earn products in this ranking run as custodial accounts, so the balance sits with the provider. Puffer Finance is non-custodial, which shifts wallet management to you and keeps the Withdrawable via ERC-4626 exit in your hands. The trade-off is control against convenience.
How does the return compare with other earn products?+
Puffer Finance pays 5.5% to 6.5% on ETH. Bit2Me lists 0.5% to 19.2% across its earn suite and bunq Crypto Spain shows 8.25%, so both reach a different point on the curve. The trade-off is breadth against a single, liquid position.
How established is the protocol?+
Puffer Finance was founded in 2022, so it is young next to long-running custodial earn accounts. Liquidity and the rate follow the ether network it runs on, and the liquid staking design keeps exits open throughout.
Sources
- docs.puffer.fi/yield/intro checked September 26, 2026
Backs: Supported assets, Custody, Features
“Stakers can deposit any amount of ETH”
- github.com/blokzdev/blokz/blob/HEAD/content/articles/2026... checked September 26, 2026
Backs: Yield
“bringing total yields to 5.5-6.5% for major LRTs”
- github.com/the-tie/defi-risk-rating/blob/HEAD/ratings/Puf... checked September 26, 2026
Backs: Lock-up terms
“Protocol has operated since early 2024 with ERC4626 withdraw available”
- tracxn.com/d/companies/pufferfinance/__nUcgl7Eu9BVqpj1KWM... checked September 26, 2026
Backs: Founded
“Puffer Finance was founded in 2022”
- globenewswire.com/en/news-release/2024/09/11/2944867/0/en... checked September 26, 2026
Backs: Support channels
“Discord Puffer - Telegram Puffer Community”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Related by the facts
Puffer Finance
Holding ETH long term while keeping control of the keys and a flexible exit.