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The total issuance of Frax Finance's liquidity pledge product frxETH has exceeded 300,000

The total issuance of Frax Finance's liquidity pledge product frxETH has exceeded 300,000

2023/12/14 05:42

The Ethereum staked through the liquidity pledge product of Frax Finance has exceeded 300,000, with a total issuance of about 303,056 frxETH, valued at approximately $660 million. In addition, according to DefiLlama data, the current amount of frxETH staked is only second to Lido, Rocket Pool and Binance, with a market share of 2.54%.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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