I'm undefeated, but the suede shoes is Puma
from Casey Veggies (Ft. Tyler The Creator) – Back for Another One Lyrics on Rap Genius
Meaning
Tyler has no losses when it comes to rapping. This is a reference to the clothing line Undefeated.
Hodgy in a Undefeated crewneck:

Tyler continues the clothes wordplay, stating that he wears Puma suede shoes, most likely the Puma Clyde, endorsed by one of the greatest basketball players of all time, Walt “Clyde” Frazier, and has gone on to become a significant icon in the old-school hip-hop realm and the skate punk culture.

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