diff --git a/src/components/forms/StakeForm.tsx b/src/components/forms/StakeForm.tsx
index 0366bcb..f71b9c6 100644
--- a/src/components/forms/StakeForm.tsx
+++ b/src/components/forms/StakeForm.tsx
@@ -254,7 +254,7 @@ export function StakeForm(props: { validator?: Validator; isFlexible?: boolean }
               <FormItem>
                 <FormLabel className="text-[16px] text-primary-outline">
                   <span className="font-semibold text-white">Amount to Stake</span> (
-                  {balance ? formatLargeMetricsNumber(parseFloat(formatEther(balance.value)).toFixed(3)) : '-'} IP
+                  {balance ? formatLargeMetricsNumber(parseFloat(formatEther(balance.value)).toFixed(2)) : '-'} IP
                   available)
                 </FormLabel>
                 <FormControl>
diff --git a/src/lib/utils.ts b/src/lib/utils.ts
index 92147d4..44177dd 100644
--- a/src/lib/utils.ts
+++ b/src/lib/utils.ts
@@ -24,19 +24,19 @@ export function formatLargeMetricsNumber(value: number | string, options: { useS
 
   if (useSuffix) {
     if (absValue >= 1e12) {
-      formattedValue = (num / 1e12).toFixed(3)
+      formattedValue = (num / 1e12).toFixed(2)
       return parseFloat(formattedValue) + 'T'
     } else if (absValue >= 1e9) {
-      formattedValue = (num / 1e9).toFixed(3)
+      formattedValue = (num / 1e9).toFixed(2)
       return parseFloat(formattedValue) + 'B'
     } else if (absValue >= 1e6) {
-      formattedValue = (num / 1e6).toFixed(3)
+      formattedValue = (num / 1e6).toFixed(2)
       return parseFloat(formattedValue) + 'M'
     } else if (absValue >= 1e3) {
-      formattedValue = (num / 1e3).toFixed(3)
+      formattedValue = (num / 1e3).toFixed(2)
       return parseFloat(formattedValue) + 'K'
     } else {
-      formattedValue = num.toFixed(3)
+      formattedValue = num.toFixed(2)
       return parseFloat(formattedValue).toString()
     }
   } else {