TechFlow news: According to official information, Stacking DAO has driven the flourishing development of the Stacks DeFi ecosystem by bringing 13% (approximately $90 million) of the $700 million STX staking market into Stacks DeFi through its liquid staking token stSTX.
Currently, 48% of stSTX has been deployed across various DeFi protocols on Stacks by over 21,000 users. The widespread integration of stSTX has significantly boosted growth within the Stacks ecosystem. Data from DefiLlama shows that Stacks' TVL has surged from $40 million to over $180 million, while monthly active users have increased from hundreds to thousands.
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