Frax Finance’s liquidity pledge product frxETH has issued a total of more than 290,000 pieces

On November 11th, Frax Finance's official website showed that over 290,000 frxETH tokens, worth approximately $600 million, have been issued through the liquidity collateral product offered by Frax Finance. Additionally, according to DefiLlama data, frxETH currently has the fourth highest number of collateralized tokens, following Lido, Rocket Pool, and Binance, with a market share of 2.51%.

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