Starknet Hits $200M Staking Milestone as Privy Integration Brings Web2-Level UX
Starknet Hits $200M Staking Milestone as Privy Integration Brings Web2-Level UX
馃殌 Starknet's $200M Secret
Starknet reaches major staking milestone with over $200 million now staked on the network, including 880M STRK tokens and 835 BTC strengthening consensus.
Key developments:
- Bitcoin and STRK staking now live on Starknet
- Privy integration brings embedded wallet solutions
- Web2-level user experience with full developer control
For builders, Privy offers:
- Plug-and-play developer experience
- Customizable onboarding flows
- Complete user journey analytics
- Secure wallet infrastructure
A dedicated SDK is in development, leveraging Starknet's native Account Abstraction and Privy's stack for easier integration.
The result: Users get Web3 functionality with familiar Web2 experience, powered by Starknet's ZK scalability and security.
Privy on Starknet is available now for developers looking to enhance their applications.
Over $200,000,000 are now staked on Starknet. That鈥檚 880M STRK and 835 BTC strengthening Starknet鈥檚 consensus. Numbers don鈥檛 lie.
Starknet Ecosystem Accelerates with BTCFi Launch and Major Infrastructure Upgrades
**Starknet's BTCFi era is gaining momentum** with over 1,000 BTC already bridged to the network in just three weeks. **Major infrastructure improvements are rolling out:** - Native USDC implementation via burn-and-mint model - LayerZero integration for enhanced interoperability - Stargate and CCTP v2 deployment - Privacy features in development **Stablecoin adoption hits new records** with $143M+ total value, representing 70% growth in 30 days. The shift from bridged USDC (USDC.e) to native USDC will eliminate wrapped tokens and reduce counterparty risk. **Benefits for users include:** - Unified liquidity across chains - Simplified user experience - Lower transaction costs - Direct institutional access via Circle Mint New DeFi products are launching weekly as the ecosystem expands beyond basic functionality into Bitcoin-focused financial services.
馃殌 BTCFi Milestone Reached
**BTCFi reaches major milestone** with over 1,000 BTC now bridged to Starknet in just three weeks. The integration represents early progress in bringing Bitcoin DeFi capabilities to the Ethereum Layer 2 network. - 1,000+ BTC successfully bridged to Starknet - Three-week timeframe shows rapid adoption - Additional products and use cases in development Starknet positions this as the beginning of their "BTCFi era" with more functionality planned for Bitcoin-based decentralized finance applications.
Ex-Revolut Team Launching Next-Gen Perpetual DEX on Starknet
A significant DeFi development is coming to Starknet with a new perpetual DEX launching tomorrow. Built by former Revolut team members, it will introduce: - Leverage trading capabilities - Traditional finance asset pairs - Yield farming opportunities In other news: - Layer Akira adds 8 new tokens with $10k lottery campaign - RocketX now bridges ~180 chains to Starknet - Cartridge Controller adds Gmail login support - Byte Beasts integrates Worldcoin verification - New NFT collection Schizodio sells out in under 24 hours [Full weekly recap](https://starknetresearch.substack.com/p/starknet-roundup-182)
Starknet v0.13.6 Update Prepares for S-Two Integration
Starknet announces version 0.13.6, scheduled for Testnet on June 30 and Mainnet on July 8. This update lays groundwork for S-Two, StarkWare's next-gen STARK prover. Key improvements: - S-Two will cut proving time from 24 to 3 minutes for 2B L2 gas blocks - Proving costs expected to reduce by 50% or more - Resource counting enabled - Transaction costs and UX remain unchanged *Note*: Cairo Native temporarily disabled on Testnet, planned reintegration in Q3. [Full release notes](https://community.starknet.io/t/sn-v0-13-6-pre-release-notes/115680)