Starknet batches users' transactions and submits them to Ethereum, paying a share of the transaction fees to Ethereum validators (supply-side fees).

Starknet is an L2 smart contract platform for decentralized applications on Ethereum. StarkNet was founded by StarkWare and launched in 2021.

StarkWare team & investors own and govern the protocol. They currently run the only sequencer and take a cut of the total transaction fees paid by users (revenue). StarkWare's investors include Sequoia Capital, Founders Fund, Pantera Capital, etc.

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Blockchains (L2)

Starknet

Key metrics

Revenue share

Composition by contract

Composition by chain

Competitive landscape

Financial statement

Data table

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Starknet - Financial statement