StarknetSTRK

Starknet is a layer-2 network on Ethereum that scales the blockchain by processing transactions offchain and by sending cryptographic proofs of their validity back to Ethereum, and STRK is its native token. This design is known as a validity rollup, or ZK-rollup. Starknet is developed by StarkWare, a company that was founded in 2018 by Eli Ben-Sasson, Uri Kolodny, Alessandro Chiesa and Michael Riabzev. Ben-Sasson is one of the creators of STARK proofs, the type of proof that the network uses. The network launched in November 2021, and the Starknet Foundation supports its governance and ecosystem.

Starknet groups many transactions together, executes them offchain and produces a STARK proof that shows that the results are correct, and Ethereum verifies the proof instead of re-running every transaction. STARK proofs do not need a trusted setup. Smart contracts are written in Cairo, a programming language that was designed for provable computation, and the network does not run Ethereum's virtual machine directly. Accounts on Starknet are smart contracts, which allows features such as flexible signing and fee payments. STRK is used to pay fees, to take part in governance and to stake. Staking was introduced in phases, and the first phase went live in November 2024.

The initial supply of STRK was 10 billion tokens. On February 20, 2024, the Starknet Foundation began a first airdrop of more than 700 million tokens to users, Ethereum stakers and developers, and the allocations for early contributors and investors were released gradually through vesting. Current circulating and total supply figures are shown at the top of this page.

STRK began trading in February 2024, when the token was launched. The all-time high and the full price history are shown on this page.

This page tracks the live Starknet price. Cointelegraph's STRK price index lists the STRK to USD rate with its 24-hour change, market cap, 24-hour trading volume, all-time high, year-to-date return and circulating supply. The interactive Starknet price chart covers timeframes from six hours to all time, and the STRK to USD converter works out any amount in seconds. For daily updates, see our Ethereum news page.