Mix cake mix and one-half cup butter; press in a greased 9x13 inch pan. Bake 10-12 minutes at 350 degrees. Put marshmallows over cake; bake for 3 minutes or until they puff up.
Melt chips, 1/2 cup syrup, 1/2 cup butter and vanilla in pan on stove. Pour over Rice Krispies and peanuts; mix well. Spread over marshmallows in pan.