what's starknet?
Starknet is a permissionless decentralized Layer 2 (L2) scalability solution built on Ethereum, utilizing STARK (Scalable Transparent ARgument of Knowledge) zero-knowledge proofs to enable high-throughput transactions while inheriting Ethereum's security. Its primary purpose is to address Ethereum's scalability challenges by allowing developers to build decentralized applications (dApps) with significantly lower fees and faster execution, without compromising on decentralization or security. Key features include Account Abstraction for seamless user onboarding, native support for Bitcoin DeFi (BTCFi) through integrations like BTC staking, liquidity pools on platforms such as Ekubo, and cross-chain operations with assets like tBTC from Threshold Network. The ecosystem supports advanced DeFi primitives, including lending, borrowing, yield farming, and perpetual trading, with recent milestones like record-high User Operations (UOPS) and a 100M STRK incentive program to boost BTC liquidity and activity. Starknet's native token, STRK, powers governance, staking for network security, and transaction fees, with ongoing developments focusing on Bitcoin integration to unlock idle BTC value for productive on-chain use.
Starknet cuts staff, reorganizes for revenue, and has $33M TVL via Noon Capital.
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starknet
StarkWare restructured into revenue-focused applications and Starknet development units, laid off staff following revenue collapse, and shifted focus to revenue-generating.
Has $33M in total value locked (TVL) across Ethereum, Starknet, Sophon and other chains as part of Noon Capital's staking program.
BTC collateral increased by 7x.
Experiences fastest asset holder growth among Circle's 43 deployments over 30 days, driven by a 20x year-over-year increase in tokenized fund holder count.
Staking is currently in Stage 2 of 4 and is scheduled to move to Stage 3 later in 2026.
Integrated with bridgedgg platform as one of 11 supported chains for cross-chain bridging with 0% fees.
STRK token price decreased 52.8% during Q1 2026, falling from $0.0792 on January 1st to $0.0374 on March 31st.
Released Pathfinder client version 0.22.1.
strkBTC expected to launch at the end of April 2026.
Annual app revenue sits at $62M, with peak at $146M. Collapsed 98%.
Now a top 2 rollup by TVL/TVS ratio.
Circle launched native USDC and CCTP V2 on Starknet for regulated stablecoin settlements.
Partnered with Ejara in Africa and Chipi Pay in Mexico for financial inclusion services.
Partnered with Ubisoft for gaming education onchain.
Sorting, built with Dojo, is now live on Starknet.
Relayed 385M+ requests through Lava Network over the last 30 days (as of 2026-03-31).
Became leading L2 in developer activity, previously 4th among Ethereum-based ecosystem projects in March 2026.
Suffered a $9.6 million exploit via flash loans on zkLend protocol in February 2025.
Submitted SNIP-50, a standard for onchain data introspection and serialization, as a Starknet proposal.
Integrated with Hyperlane to enable bridging functionality for Paradex, supporting cross-VM deposits including from Starknet alongside EVM and Solana networks.
Launched STRK20 privacy layer on mainnet April 30th, 2026, for institutions and ERC20 tokens, using a privacy-through-ownership approach to enable private balances and transfers with built-in compliance while keeping markets public.
Unlocks 64 million STRK tokens during the week of 2026-03-23.
Became available for trading to New York residents on Coinbase (web and mobile apps).
Launched post-quantum wallets, proving system, and native account abstraction on mainnet, without requiring address changes or hard forks.
Reached a new all-time high in daily transaction count for just_brove_it application on the network as of March 19, 2026.
A USDC-WBTC pool on Ekubo Protocol on Starknet has TVL of $1.76M with an APR of 18.66%.
Submitted v0.14.2 upgrade for vote, deadline April 16, 2026, featuring SNIP-13, SNIP-36, SNIP-37, in-protocol proof verification, StarGate, and increased Bitcoin connectivity. Experienced 12-minute downtime.
Reached $175.6M native USDC market cap, increasing 246.7% over the past month, leading growth rate among Circle's onchain product suite.
Integrated with LayerZero to connect StarkVM architecture to cross-chain rails using the OFT standard.
Records daily perpetuals trading volume of approximately $416 million.
Has a market cap of approximately $218 million as of March 12, 2026.
Partnered with ForgeYields.
Generated over 290,000 transactions from Realms game in a five-day period ending March 11, 2026.
Generated $2,843 in chain fees from Ponzi Land over the past 365 days.
Named winners for 248 Re{define} hackathon submissions across Bitcoin, Privacy, and Open tracks on March 28, 2026, offering fast-track PL Genesis entry for Filecoin, IPFS, or libp2p projects. Launched Q1 2026 community polls March 31, 2026, and hosted a community party in Cannes.
Published Technical Infrastructure Roadmap for 2026, detailing three sequencers in rotation as of March 2026 and targeting full decentralization of sequencing by 2026.
EUTBL market cap increased approximately 62% over the past month (measured as of 2026-03-06).
Concludes Guild Olympics competition for Loot Survivor with 100,000 STRK prize pool via live stream finale on 2026-03-13 at 12 AM CET, announcing winners.
SHARP proving system settled nearly $2 trillion in value, processed over 1 billion transactions, and is live in production for more than 5 years.
Reached $274M total TVL as of March 5, 2026.
Noon Capital's tBTC vault on Starknet earns 10.65% APY.
Integrated sequencer-level STARK proof verification for millisecond verification, S-two recursive circuit proving, and client-side proving, cutting latency from 1 minute to 3 seconds for smaller, cheaper proofs.
Climbed from 44th to 19th by TVL in under six months.
Stablecoin supply is up 300%+ year-over-year.
Experimental compiler feature OP_STARK_VERIFY implemented in Arkade OS to enable BTC coin unlocking based on Starknet Zero Knowledge Proof validity, allowing Starknet programs and smart contracts to interact with Arkade runtime.
Unlocks 127M STRK tokens, 4.40% of supply, valued at $4.97M on March 15, 2026.
The sUSN product on Starknet has grown its market cap by approximately 160% year-to-date in 2026.
Has implemented a Poseidon precompile, enabling efficient hash verification in ZK proofs.
Integrated with Threshold validators via Endur's liquid staking infrastructure for tBTC staking, supporting delegated stake routing and validator changes at any time with no unbonding period through Endur and Voyager interfaces.
Launched Starknet Academy, an official learning hub for developers to learn Cairo and build on the platform.
Extended (a platform on Starknet) has achieved over $200 million in TVL and $42.416 billion in 30-day trading volumes.
Re7 Labs manages over $100 million in combined TVL across several chains and protocols including deployments on Starknet.
Launched v2, an open-source TypeScript SDK integrating invisible wallets, paymasters, gasfree transactions, and confidential transfers, alongside staking and DeFi features; also released Starkzap, an npm package for command-line access.
Bitwise filed for a Starknet ETF for 2026 approval.
Powers Tone Music App, enabling fans to own royalty-linked artist shares, built by a former StarkWare engineer.
Offers gasfree transactions on AVNU, Starknet Earn Portal, and the majority of Dojo-powered games, with an acceleration scheduled for 2026-02-24.
Reached 1,132,076 on-chain STRK token holders across all chains.
Onboarded over 1 million students via Focus Tree.
Loot Survivor, a consumer app on Starknet, ranks #8 by transaction count across the entire Ethereum ecosystem.
Ready Card, a payment card product, became available to all users for free and instant access on February 18, 2026.
Generated $7k in gas fees from DEX activity over the past 7 days, representing 39% of total gas fees in that category.
Generated over $7,500 in chain fees from Realms game in a five-day period ending March 11, 2026, accounting for 35% of total gaming gas fees.
Experienced 2 network outages over the past five years (as of February 2026).
Provided STRK token incentives for BTC wrapper assets; criticized for STRK promotional activity involving Saylor.
Ranks 2nd by asset net flows, largely attributed to BTCFi campaign activities. Achieved highest netflow among comparable networks over the past 6 months as of March 2026.
Hosts Dojo Game Jam VIII from March 6-8, 2026, with a $15,000 prize pool for building with the Dojo framework.
A tBTC vault deployed via Vesu on Starknet offers 12.28% APR as of February 12, 2026.
Hosting a Founder Series interview with Atomiq Labs CEO and CTO on 2026-02-13 at 10am EST to discuss Bitcoin interoperability and cross-chain swaps involving Starknet.
Application metrics for Starknet are now available on growthepie, enabling users to track which apps are gaining momentum and allowing builders to label their contracts.
Included in a list of "under the radar chains for gaming" alongside Beam, Soneium, and XAI GAMES, with four gaming projects mentioned as building on Starknet: Realms, Ponzi.Land, Blob Arena, and Ninth.
Generated $26.7K in revenue, representing a 115% year-over-year increase.
Launched STRK20 privacy capability March 10th, 2026, for ERC-20 and wrapped strkBTC, leveraging ZK proofs to hide sender, receiver, and amount via Starknet Privacy Pool and EY Nightfall ZK layer. Launched STRK20 token standard testnet March 27th, with mainnet scheduled for April 30th, enabling developer tooling.
Enabled AI agents, scripts, and backend services to execute Starknet transactions through ClawdBot integration with Controller security model.
Plans to add post-quantum resistant signing schemes for wallets, expanding beyond current Bitcoin and Ethereum curve-based wallets which are not quantum safe.
Integrated MetaMask, Rabby, Phantom, and EVM wallets into Earn Portal, enabling WBTC deposits from Ethereum and Arbitrum for BTC strategies.
Eli Ben-Sasson participates in "Intents Day Special" discussion on The Rollup podcast on February 9th, 2026 alongside Helius, Dash, and NEAR Protocol.
Ranked 3rd in development activity in February 2026; leads Layer 2 projects in developer activity in March 2026, and ranked 5th among all cryptocurrencies by development activity over the past 30 days.
Unlocks 127M STRK tokens ($5.93M), 4.61% of supply, for investors including Polychain, Coinbase, Sequoia, and Consensys on February 15, 2026.
Native USDC is now available on Starknet.
Appointed Prof. Scott Aaronson, Schlumberger Chair of Computer Science at the University of Texas at Austin and founding director of its Quantum Information Center, to StarkWare's Scientific Advisory Board to advance quantum-readiness research for Starknet and Bitcoin.
Native USDC holders on Starknet increased by approximately 60% from the start of 2026 to February 4, 2026.
STRK staking increased 11x during 2025.
Fourth delegation round of the StarkWare Delegation Program executed to new program validators on February 3, 2026.
Staking v3 is expected to launch in late 2026.
Dominates DEX volume among Layer 2 networks.
partnered with Carbonable for carbon markets integration
Integrated Extended App copy trading functionality on HyperSignals AI platform for perpetual futures trading execution. Launched 17 TradFi markets onchain (6 commodities, 1 FX pair, 2 indices, 8 equities).
Added to Binance Soft Staking program alongside THETA and DASH, bringing total supported tokens to 18.
A Pendle-like application (yield tokenization protocol) is launching on Starknet with early access available.
Deployed a shielded dutch auction launchpad smart contract to testnet on January 26, 2026.
Hosting a networking event called Starknet Grand Prix in Denver on February 19, 2026, featuring F1 simulators with limited spots available by application.
Hosts a Private Trader Meetup in Denver featuring live demos of open-source trading bots running onchain with transparent performance dashboards, and approved attendees receive tool access plus STRK tokens for their first bot run.
Runs a weekly Loot Survivor 2 Showdown gaming competition starting January 23, 2026, awarding 1,666 STRK per win to players who defeat StarkWare team members in 1v1 matches, with events held every Friday at 1pm CET for 5 weeks.
Integrated into Privacy Pools as the first non-EVM chain.
Integrated with AVNU to enable bridging from 15+ chains supporting 200+ tokens into STRK on Starknet.
LayerZero goes live on Starknet mainnet on January 21, 2026, enabling omnichain messaging protocol and Omnichain Fungible Token (OFT) standard for cross-chain use cases.
Plans to increase throughput by 2x, then another 2x (total 4x improvement) in 2026.
Hosts Re{define} Hackathon from February 1, 2026, as a 100% virtual event, offering $21.5K in prizes for building trustless apps, including a Privacy Track with $9,675 in STRK prizes, for solo participants or teams up to 5, with no Cairo knowledge required.
Co-founder Eli Ben-Sasson participates in "Privacy is the Priority" panel at Intents Day online event on January 22, 2026 at 1:30-2:30 PM EST.
Achieved 8.1 UOPS (transactions per second for multicall chains) over the last 30 days on mainnet.