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TechFlow reports that on August 13, the amount of Ethereum staked through Frax Finance's liquid staking product has exceeded 200,000 ETH, with approximately 247,508 frxETH currently issued, worth around $460 million. Additionally, according to DefiLlama data, frxETH's staked volume ranks fourth after Lido, Coinbase, and Rocket Pool, capturing a market share of 2.27%.
On August 13, data showed that more than 200,000 Ether have been staked through Frax Finance's liquid staking product, issuing approximately 247,508 frxETH tokens worth around $460 million. Additionally, according to DefiLlama data, frxETH ranks fourth in staked amount, behind Lido, Coinbase, and Rocket Pool, with a market share of 2.27%.
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