QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
UNKNOWN
AUGUST 2025
GLOBAL
PUFFER FINANCE
DESCRIPTION OF EVENTS
Puffer Finance is a pioneering platform offering secure, high-yield staking solutions designed specifically for institutions. The platform provides innovative features such as Ethereum Liquid Restaking and advanced rollups to enhance Ethereum's scalability. Through Liquid Restaking, users can stake ETH and earn rewards from both Ethereum’s native staking mechanism and Puffer’s restaking rewards, further boosting their returns. Additionally, Puffer offers a robust institutional-grade staking infrastructure that supports next-generation rollups and ensures high transaction throughput, aiming to address Ethereum’s scalability challenges.
The platform also introduces UniFi-based rollups, which operate as Layer 2 solutions to Ethereum, delivering instant Layer 1 withdrawals and sub-second transaction speeds. Puffer’s UniFi AVS (preconfirmation service) enhances transaction scalability by providing fast, secure preconfirmation services, addressing one of Ethereum’s pressing challenges. These innovations, built on EigenLayer, enable the Ethereum ecosystem to scale without sacrificing security or decentralization, positioning Puffer at the forefront of Ethereum infrastructure development.
Puffer Finance has attracted significant institutional support, including investments from Brevan Howard, Electric Capital, Binance Labs, and other major players in the Web3 and crypto sectors. The platform’s commitment to decentralization and scalability is further backed by an experienced team of blockchain experts and institutional partners. Puffer continues to push the boundaries of Ethereum’s infrastructure with a focus on improving validator economics, integration with Ethereum’s core research, and introducing revolutionary technologies like Commit-Boost and Fast Path Rewards to improve staking efficiency.
Unfortunately, it would appear that the domain names behind the platform were not properly secured.
It appears that the domain name was likely taken over.
No information has been supplied about any known losses.
The Puffer Finance contributor AmirOnchain reported on the situation publicly.
The domain access was ultimately restored.
It is unclear if there are any associated losses.
It is unclear if there is any remaining risk or impact to users.
Puffer Finance, a platform specializing in secure, high-yield Ethereum staking solutions, offers innovative features like Liquid Restaking and advanced rollups to enhance Ethereum’s scalability and staking rewards. The platform also introduced UniFi-based rollups and UniFi AVS for faster transaction speeds and improved scalability. Despite attracting institutional support from major investors like Brevan Howard and Binance Labs, Puffer Finance faced a security issue when its domain name was likely taken over. Although access was eventually restored, it's unclear if there were any losses or ongoing risks for users, as the full impact of the incident remains unknown
SlowMist Team - "SlowMist TI Alert puffer[.]fi and @puffer_finance have been compromised. Stay vigilant do not use Puffers apps or social media until further notice." - Twitter/X (Oct 16)
AmirOnchain - "Please avoid accessing all the Puffer apps and social media; we are investigating the issue. @puffer_finance" - Twitter/X (Oct 16)
AmirOnchain - "Update: All Systems Normal Earlier today, we experienced a brief domain issue. It was resolved promptly, and everything is now back to normal. All user funds are safe. As a precaution, we temporarily paused the smart contract. We will be re-enabled shortly. Thank you for your patience and continued support." - Twitter/X (Oct 16)
Puffer Finance Twitter/X Account (Oct 16)
Puffer Finance Linktree (Oct 16)
Puffer Finance Homepage (Oct 16)
