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Starknet price
in USD$0.12660
+$0.0025000 (+2.01%)
USD
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Market cap
$485.98M #75
Circulating supply
3.84B / 10B
All-time high
$3.9900
24h volume
$42.95M
4.3 / 5
About Starknet
Starknet’s price performance
Past year
-66.60%
$0.38
3 months
-28.48%
$0.18
30 days
+8.66%
$0.12
7 days
+9.23%
$0.12
Starknet on socials
And... Today we talk Native Account Abstraction!
If Account Abstraction (AA) is all about UX, UX, UX, then Native AA is all about builders, builders, builders.
What is Native AA?
Reminder: AA means that instead of having User Accounts (EOAs), users can have wallets that are smart contracts, or, to name them better, smart wallets. 'Smart' because they can run code and their design can be customized to whatever the wallet operator chooses.
AA abstraction was introduced to Ethereum with ERC-4337. But Ethereum and EVMs, still, also have EOAs. Many of them, actually.
Building an app on Ethereum or an EVM? EOAs are there. Better design a UX that fits their logic.
Smart Ecosystem
Starknet was built with *Native* AA, meaning all accounts are smart contracts. No EOAs. Wallets are all smart wallets.
This turns Starknet into a smart ecosystem.
Building an app? UX can focus completely on smart wallets. Apps are released from the shackles of EOAs. They do not exist on Starknet. Paymaster? Works for all wallets on the chain.
Great!🍹
Eli Ben-Sasson | Starknet.io
Okay - today we talk Paymaster! 🥳
Paymaster is very much related to Account Abstraction so if you need an explanation about AA go read the AA tweet first.
What is Paymaster?
Paymaster is a beautiful example of the power of Account Abstraction and smart wallets in improving users' lives.
How?
It provides apps with flexibility when designing their payment flow and features.
It can process a flow that could have been clunky otherwise and wraps it into a seamless flow for users.
Apps can use it in order to design various creative benefits and UX improvements.
For example:
- Gasless tx!
An app/wallet can decide that you, the user, make the tx, and the operator will pay its gas. In such case, the app/wallet will use Paymaster to pay the tx fees for their users.
- Pay for a tx with any coin you wish.
If the required payment currency is, let’s say STRK, and the user has ETH, an app can let the user pay with ETH, then use Paymaster to swap it to STRK.
Paymaster will automatically do the token conversion!
Can EOAs benefit from Paymaster? What's AA got to do with it?
EAOs cannot benefit from Paymaster.
For a wallet to benefit from this innovative tool, the Paymaster account needs to call a function in the wallet.
EOAs have a limited set of operations, and they do not have the function that paymaster calls.
Smart wallets on the other hand, created thx to AA, can run code, therefore they can have the required function for interacting with Paymaster. You can check out @myBraavos and @ready_co.
So Account Abstraction is the basis for creating smart wallets, and for smart wallets to be able to benefit from Paymaster. 🥳
On Starknet, Paymaster is available thanks to the amazing team of @avnu_fi, who built and released it as open source. Thank you AVNU! Link to their announcement (and perhaps to better explanation) in the next tweet.
Apps can play a lot with this useful tool in order to optimize their users’ onboarding and ongoing experience, so once again:
UX,UX, UX 🗝️
It is Starknet's season. With Extended Migrating to Starknet, you won't get any points on StarkEx anymore, as only Starknet activities will now count. If you migrate early, you're getting extra bonuses.
You do not need to make any withdrawals, just close your positions and hit Migrate.
It's the same product building on a new foundation. Grinta Mode is on, you know what to do.
Extended
Extended is migrating to Starknet – Stage 1 begins August 12
The migration from StarkEx to Starknet will take place in three stages, with Stage 1 starting on August 12.
Starting that day, only Starknet trading will earn points — activity on StarkEx will no longer be rewarded. Users who migrate during Stage 1 will receive additional incentives. Both StarkEx and Starknet instances will remain fully operational for trading during this stage.
Vault behavior in Stage 1:
- The StarkEx vault will stop trading and will not accrue fees or handle liquidations (liquidations will be managed by a separate insurance fund).
- The Starknet vault will operate normally, including trading, fee accrual, and liquidation handling.
Migration is automatic — there’s no need to withdraw funds. Users simply need to close positions and click “Migrate” in the UI.
Guides
Find out how to buy Starknet
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Starknet’s prices
How much will Starknet be worth over the next few years? Check out the community's thoughts and make your predictions.
View Starknet’s price history
Track your Starknet’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Starknet on OKX Learn
Starknet v0.14.0: Revolutionizing Ethereum Scaling with Faster Block Times and Decentralization
Introduction to Starknet and Its Role in Ethereum Scaling Ethereum, the world's leading smart contract platform, has long grappled with scalability and high transaction costs. Starknet, a Layer 2 (L2)
How Starknet’s V0.14.0 Upgrade and Fed Decisions Are Shaping Crypto Markets
Introduction: The Intersection of Macro and Technical Factors in Crypto Markets Cryptocurrency markets are increasingly shaped by macroeconomic events and technical advancements. Two recent developmen
Starknet Bridges Bitcoin and Ethereum: A New Era for Decentralized Finance
Starknet Wallet: Bridging Bitcoin and Ethereum with Layer 2 Solutions Starknet is revolutionizing the cryptocurrency landscape by introducing a Layer 2 solution that bridges Bitcoin and Ethereum. This
tBTC and Starknet: Revolutionizing Bitcoin’s Role in DeFi with Ultra-Low Fees and Scalability
Introduction: Unlocking Bitcoin’s Potential in DeFi Bitcoin, the world’s first and most valuable cryptocurrency, has long been recognized as a store of value and a decentralized alternative to traditi
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Starknet FAQ
Currently, one Starknet is worth $0.12660. For answers and insight into Starknet's price action, you're in the right place. Explore the latest Starknet charts and trade responsibly with OKX.
Cryptocurrencies, such as Starknet, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Starknet have been created as well.
Check out our Starknet price prediction page to forecast future prices and determine your price targets.
Dive deeper into Starknet
Starknet is a Validity-Rollup (aka ZK-Rollup) Layer 2 network that operates on top of Ethereum, enabling DApps to massively scale without compromising on security. It achieves this by bundling transactions into an off-chain computed STARK proof. This proof is then submitted to Ethereum as a single transaction, resulting in significantly higher throughput, faster processing times, and much lower costs, all while retaining the robust security of the Ethereum settlement layer.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$485.98M #75
Circulating supply
3.84B / 10B
All-time high
$3.9900
24h volume
$42.95M
4.3 / 5