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  2. Starknet - Logo
    Starknet
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Starknet - Logo

Starknet (STRK)

Blockchains (L2)

Price

~$1.1924

Live

ATH

$2.63

45d ago

ATL

$1.19

2d ago

Chains

Ethereum - Logo
Starknet - Logo

2 chains

7d price -4.6%

30d price -48.4%

90d price N/A

180d price N/A

Learn more

What is Starknet?

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

How does Starknet work?

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

Who governs Starknet?

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.

Related posts

Weekly fundamentals – From building blockchains™ to building businesses

A weekly data digest for the leading crypto investors and operators.
RevenueStarkNet's share of fees$20 Connects L1 validators and usersSupply-side feesL1 validators' share of fees$80L1 validatorsFeesTransaction fees$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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