Puffer's domestic and overseas listings surge to 40%

The cryptocurrency PUFFER is rising sharply as it is being listed on domestic and overseas exchanges one after another, reported News 1.
As of 3:34 pm on the 27th, Puffer was trading at 806 won (about 88 yen) according to Bithumb standards, up 45.49% from the same time the previous day.
Puffer is the cryptocurrency used on the restaking platform Puffer Finance. Puffer Finance is an Ethereum restaking platform.
The platform is based on the "Eigenlayer". Normally, staked (deposited) Ethereum (ETH) has its liquidity locked up and cannot be moved. However,
Egenlayer is a re-staking platform that allows you to use staked Ethereum for other purposes. For example, Egenlayer
Users can use their staked Ethereum to enhance the security of Ethereum-based DApps (decentralized applications).
Puffer Finance is based on this Eigenlayer. With Puffer Finance, users can stake Ethereum (ETH).
After the transaction is completed, the Ethereum Block Generation Compensation and Eigenlayer Restaking Compensation are simultaneously received by receiving "pufETH" and restak- ing the Eigenlayer.
As of this date, Puffer Finance's total assets under management (TVL) has reached $500 million (approximately 75.8 billion yen).
Exchanges are also competitively listing Puffer tokens. In South Korea, Coinone listed Puffer on the 20th, followed by Bithumb on the 25th.
On the same day, it was also listed on the overseas exchange Elbank. This competitive listing is interpreted as the reason why Puffer token prices have risen.