Starknet

STRK is the token of Starknet, an Ethereum layer-2 network that uses zero-knowledge proofs to make transactions cheaper.

Starknet is a layer-2 network for Ethereum built by StarkWare. It runs transactions off Ethereum and posts mathematical proofs (STARKs) to Ethereum that the results are correct. L2BEAT rates it Stage 1 and showed about $459 million of value secured on 1 October 2026.

STRK pays transaction fees, which since September 2025 are charged only in STRK, and is used for staking and governance. Validators stake at least 20,000 STRK and others can delegate to them. Rewards are newly minted STRK. Holders of wrapped bitcoin can also stake it and earn STRK. Staking is not yet part of how blocks are agreed: StarkWare still runs the sequencers.

Ten billion STRK were minted on-chain on 30 November 2022. Early contributors received 20.04%, investors 18.17% and StarkWare 10.76%; their tokens unlock at up to 127 million STRK a month until March 2027. About 7.42 billion STRK were circulating on 1 October 2026.

A 12-member Security Council can upgrade Starknet's core contracts instantly in an emergency. Half of the money deposited in Starknet applications sits in a perpetual futures exchange.