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's perpetuals volume exceeds ETH+SOL combined; Paradex appchain sees $10B+ volume & $800M OI.
contract
ethereum
starknet
Has more perpetuals trading volume than Ethereum and Solana combined.
Paradex appchain on Starknet reached approximately $800 million in open interest as of 2026-01-12.
Listed on Cash App Investing alongside STRC, STRD, and STRF.
Paid $0.0075 in rent to Ethereum L1 per active address over the past 30 days.
Bitwise submitted an application to the U.S. SEC for a Bitwise STRK Strategy ETF on December 30, 2025.
Cairo 2.0 delivered 1 million transactions per second with STARK proofs
Increased TVL in 2025.
Achieved 433% year-over-year growth in active addresses as of late 2025.
Nominated for "Best In Privacy" award at The Rollup awards ceremony scheduled for December 30th, 2025.
Autonomous agents on Starknet are predicted to function as liquidity providers, arbitrageurs, and mercenaries within gaming ecosystems, creating new economic roles in digital economies.
Featured in Messari's 2026 Theses Podcast episode discussing L1/L2 competition, with analysts providing hot takes and predictions for 2026.
Daily transactions reached 2025 peak levels.
Hosting an onchain pub quiz event on December 19th, 2025 at 1:30pm UTC featuring Vitalik Buterin.
Cairo Contracts v3.0.0 completed audit and released with ERC6372 clock standard for governance, AccessControlDefaultAdminRules for admin management, and simplified ERC4626 fee configuration.
Achieved over $150M in weekly DEX volume.
Loot Survivor integrates NEAR intents protocol to enable cross-chain gameplay from Solana, Base, and Arbitrum, using intent-based solver transactions and Cartridge Controller session keys for instant onboarding.
A large $STRK token unlock occurs this week.
Ranks #6 for development activity among crypto projects in the past 30 days with upward rank movement since last month according to Santiment data.
FocusTree app launches on the network with 1M+ downloads and large active mobile user base, gaining popularity outside crypto for productivity and digital wellness.
A perpetual DEX with team members from Revolut settles on the network, offering 50 crypto markets and TradFi assets including S&P 500, using hybrid off-chain matching with onchain settlement and 10 millisecond latency.
BTCFi goes live with staking functionality and BTC usage incentives, alongside S-Two Prover and Grinta protocol upgrades.
Integration with NEAR intents coming very soon, bringing chain abstraction capabilities to enable seamless cross-chain transactions without manual bridging.
127 million STRK tokens (~5% of circulating supply) unlock on December 15 for investors and early contributors.
Ranked 2nd in monthly net flows. Solana developers at Breakpoint conference express interest in deploying on and working with the platform, with Cairo's ZK-Rust implementation receiving positive reception.
A connectivity issue is being fixed in real-time on the network.
Tongo SDK enables confidential payment flows with hidden amounts, no trusted setups, and efficient ZK proof verification.
Staking reaches 23% of circulating STRK and nearly 2000 Bitcoin across validators as the network progresses to phase 2 of its staking roadmap. Ready, the largest validator with $130 million staked, will introduce a 10% staking fee in January 2026.
Native USDC has been live for over a week, with protocols Vesu and Ekubo now directing liquidity and incentives exclusively to native USDC instead of bridged USDC.e.
BTCFi campaign subsidizes borrowing to 0.5% rate against BTC collateral on Vesu, while Extended claims the #1 TVL position in the ecosystem with USDC vaults offering 15% APR.
Extended launches XVS, tokenized vault shares that serve as yield-bearing perp collateral, bringing capital efficiency to DeFi on the network.
Holyheld card and cashback program go live on Starknet, offering 1% STRK rewards for card ordering, spending, and service usage with a 150€ monthly cap.
A cashback rewards program offers up to 100% on in-app spending and fees, allowing users to earn up to $150 USD in $STRK each month.
The Foundation Delegation Program transitions to quarterly review cycles with year-round applications, quarterly cut-off dates on Feb 16, May 16, Aug 16, and Nov 16, and stake rebalancing scheduled for the end of March, June, September, and December.
v0.14.1 upgrade completes successfully on mainnet, introducing EIP-1559 pricing mechanism, 2-second block times when uncongested, and real-time cost alignment that increases fees to cover costs while maintaining sub-cent simple transfers.
Starknet v0.14.1 deploys to mainnet with a scheduled 10-minute downtime starting at approximately 08:30 UTC where transactions will not be processed.
Xverse wallet now serves as a gateway to Starknet, allowing Bitcoin users to access DeFi features including trading, lending, borrowing, looping, and strategy automation without leaving the wallet.
Starknet launches a Trading Guild research group to gather feedback from DeFi traders, farmers, and bot runners to improve tooling, infrastructure, and user experience.
Threshold's tBTC completes deep integration into DeFi ecosystem, offering lending, staking, borrowing, and liquidity provision capabilities accessible through the Threshold App.
Over 1.1 billion STRK tokens staked representing 23% of circulating supply, and StarkWare releases a new delegation proposal with a two-track validator model while BTC staking integration is complete.
Starknet launches a data analytics hub that tracks trending contracts, app rankings by fees, and daily active user leaderboards.
Team built a proof of concept for a FRIDA-based data availability layer for Bitcoin L2s in Rust earlier this year and explores collaboration with Bitcoin L2 ecosystem projects including Citrea, AlpenLabs, Rootstock, Babylon, Bob, and FairGate Labs.
Ztarknet launches as a Starknet L2 for Zcash, integrating Cairo programming with Zcash's privacy layer to enable DeFi and programmable payments.
A major single token unlock over $5 million scheduled for STRK in the next seven days.
Ready.co builds a wallet solution on Starknet that removes seed phrases and enables onchain payments with a neobank experience.
S-two high-speed prover goes live on Starknet, now securing every block with faster proof generation.
STRK staking reaches 23% of circulating supply with over 1.1 billion tokens staked, growing from 0% in November 2024.
Net inflows reach $571M since September Zcash breakout, ranking #2 in privacy category.
A conversation took place with Michael Saylor explaining Starknet's mission to grow the Bitcoin Economy, discussing how Bitcoiners can participate through staking and generating yield in STRK, with fees flowing to STRK validators and yield to DAT stockholders.
The Zypherpunks hackathon receives 55 project submissions for its Starknet track.
Starknet L2 on Zcash integration announced with improved proving efficiency unlocking upcoming privacy features in coming months.
All DeFi Spring incentives move from USDC.e pairs to native USDC pairs starting today, requiring liquidity providers to migrate positions to maximize rewards.
Ready Wallet now offers access to 70+ perpetual markets through Extendedapp integration within its UI.
Native USDC and Circle's Cross-Chain Transfer Protocol (CCTP) are now fully live on Starknet Mainnet. Users holding bridged USDC.e are prompted to migrate to the native USDC version.
Current staking APR for STRK is 9.09%.
$16.78M token unlock (5.07% of float) scheduled for December 15, 2025.
1 billion STRK tokens now staked, representing 22% of circulating supply locked.
Over 1,455 BTC now on Starknet through SolvBTC integration bringing Bitcoin liquidity to the network.
STRK carries high insider emissions in December and is flagged as one of the tokens to watch closely due to unlock pressure.
Native USDC and CCTP go live on mainnet, enabling institutional on/off-ramps and cross-chain transfers across 19 blockchains with Day 1 support from Avnu, Ekubo, Braavos, Ready, Vesu, and Xverse. Existing bridged USDC transitions to USDC.e with migration liquidity pools planned.
S-two prover goes live on mainnet with 100x faster performance than the previous Stone prover. DeFi TVL reaches $300M (3x since July near ATH), stablecoin market cap hits ATH of $154M, 3-month net flows total $584M, and daily active accounts reach 50k-60k.
Starknet reaches new revenue all-time high and launches confidential transfers on Zashi app with full client-side proving. Major infrastructure announcement teased for 13:00 UTC today.
$86M trading volume surge for STRK token, listed as one of the biggest volume spikes of the day.
Starknet integrates with Dappnode, enabling users to run full nodes and stake from home validator setups.
Starknet ranks second in 6-month net flows behind Hyperliquid with sustained capital inflows to the network.
Dojo Game Jam VII completes with record turnout, distributing $15,000 in prizes to co-champion games Kanoodle Fusion and Survivor Valhalla, with sponsorship from Starknet, StarkWare, and Cartridge.
Integration with Paradex allows cross-chain USDC deposits through Hyperlane from multiple networks including Ethereum, Base, Arbitrum, and Solana, with trading rewards in XP.
Protocol-level privacy functionality is the next major addition to the network.
Over 1,000 BTC staked on the platform in the past month, two months after BTCFi launch.
CCTP v2 and Native USDC scheduled to launch in December (date to be determined).
New research paper from Alessandro Chiesa proves STARKs secure in the Quantum Random Oracle Model against quantum adversaries.
$15M token unlock scheduled for December 15, 2025.
Network ranks second behind Arbitrum in net flows over the last 3 months.
Self-described Key Opinion Leader publicly lists STRK among 8 projects in their active promotional campaign.
Nethermind releases Juno client v0.15.13 with full RPC v0.10.0 support and performance improvements.
Network experiences steady inflows for two months straight. BTC custody functionality operational on the network.
App revenue on the network reaches new all-time high, surpassing 70 ETH for the first time.
Partnership with Paradex advances proving technology and delivers technical optimizations including reduced latency, higher throughput, and lower costs on both Ethereum and hardware.
STRK records the biggest price drop of the week with heavy profit-taking following a new mainnet launch after a bullish month.
Development roadmap pivots to comprehensive privacy implementation including protocol-level privacy, client-side proving, and private applications across DeFi and payments.
StarkWare's Delegation Program Round 4 fully executes, delegating to dozens of validators.
Over 1,000 SolvBTC tokens are staked on the network, which operates the largest onchain Bitcoin reserve with privacy built into the base layer.
Starknet Foundation launches a new BTCFi ecosystem page that centralizes all Bitcoin strategies and projects in one location.
Pathfinder v0.21.2 hotfix releases with JSON-RPC 0.10.0 specification support and configurable block trace cache. STRK achieves 0.21x volume-to-market-cap ratio in 24h trading, ranking 2nd among liquidity leaders.
Hyperlane integration enables cross-chain USDC deposits to Paradex from Arbitrum, Base, Ethereum, Solana, and Starknet.
Focus Tree app onboards 1 million students on the network using Native Account Abstraction. Total staked supply surpasses 22%.
1 billion STRK tokens are now staked on the network, one year after launching staking, ranking among the strongest staking bases in the industry.
Fees increase by 34% over the last 7 days, ranking 5th among top chains by percentage fee growth.
S-Two prover goes live on mainnet.
Multiple integrations launch in December: CCTP v2, Native USDC, LayerZero, Stargate, Near Intents, and Slay Jpegs.
Everyday App announces upcoming launch, bringing onchain habit tracking with earning mechanisms to the platform.
Extended app uses Starknet as its quantum-resistant infrastructure.
Users queue 552 ETH for STRK DCA buy orders executing over next 3 days on Ekubo. Trading volume hits $330M, approximately 50% of market cap.
Paradex launches Hyperlane integration for USDC deposits from Ethereum, Base, Arbitrum, Solana, and Starknet chains, providing access to perpetuals, options, and high-yield vaults.
Mainnet upgrade scheduled for November 25. Zypherpunk Hackathon runs with $35k prize pool for building Ztarknet on the Starknet track.
Anchorage integrates BTC staking support on Starknet.
Futures trading for the token launches on Rollbit exchange.
A tweet describes explicit pump and dump scheme targeting the token, discussing plans to corner supply, pump the price, and dump on retail buyers.
Paradex Chain receives the Grinta upgrade on November 24, introducing decentralized sequencer architecture, sub-second pre-confirmations, and a real mempool to the SN Stack ecosystem.