Starknet, an Ethereum Layer 2 solution, is gaining momentum with a suite of promising projects in 2023. It leverages ZK-Rollup technology to keep off-chain computation private while maintaining Ethereum’s security and composability. The system utilizes the STARK proof mechanism and Cairo, a versatile language allowing diverse dapp development. Starknet’s growth is evident with its total value locked (TVL) increasing by 4,000% to over $1.1 million.

In November 2022, Starknet introduced its native token, $STRK, for staking, voting, and fee payments. A locking period ensures a gradual distribution of tokens held by the core team and contributors.

Cairo, Starknet’s bespoke language for smart contracts, recently underwent a major upgrade with Cairo 1.0, enhancing simplicity, efficiency, and developer experience.

Account Abstraction is another key innovation within Starknet, enabling smart-contract-based wallets that alleviate the need for remembering seed phrases or private keys, as showcased by projects like Argent X and Braavos.

With the basics covered, let’s dive into the top 10 Starknet projects of 2023:

Argent X: A secure decentralized wallet that eliminates the need for a seed phrase, providing a multi-signature and social recovery framework.

Braavos: A self-custodial wallet utilizing account abstraction for improved user experience, now with open-source account contracts.

Orbiter Finance: A cross-rollup Layer 2 bridge facilitating low-cost, instant transfers across various blockchain platforms.

Starkgate: A token bridge enabling transactions between Ethereum and Starknet, leveraging Starknet’s computational efficiencies.

JediSwap: An AMM offering zero gas fee swaps, with a minimal swap fee that benefits liquidity providers.

Nostra: A multi-faceted DeFi project that includes a money market, a native stablecoin (UNO), and a next-generation stablecoin swap platform.

Starknet.id: Starknet’s answer to ENS, offering a free mintable identity that acts as an on-chain passport.

ZKX: The first perpetual futures exchange on Starknet focused on self-custody and community governance, with a mission to make global yields accessible to all.

Brine: A cross-chain DEX that opts for an order book model to mitigate slippage, charging a flat transaction fee with no gas fees.

zkLend: An L2 money-market protocol that brings together scalability, speed, cost efficiency, and security.

Starknet, an Ethereum Layer 2 solution, is gaining momentum with a suite of promising projects in 2023. It leverages ZK-Rollup technology to keep off-chain computation private while maintaining Ethereum’s security and composability. The system utilizes the STARK proof mechanism and Cairo, a versatile language allowing diverse dapp development. Starknet’s growth is evident with its total value locked (TVL) increasing by 4,000% to over $1.1 million.

In November 2022, Starknet introduced its native token, $STRK, for staking, voting, and fee payments. A locking period ensures a gradual distribution of tokens held by the core team and contributors.

Cairo, Starknet’s bespoke language for smart contracts, recently underwent a major upgrade with Cairo 1.0, enhancing simplicity, efficiency, and developer experience.

Account Abstraction is another key innovation within Starknet, enabling smart-contract-based wallets that alleviate the need for remembering seed phrases or private keys, as showcased by projects like Argent X and Braavos.

With the basics covered, let’s dive into the top 10 Starknet projects of 2023:

Argent X: A secure decentralized wallet that eliminates the need for a seed phrase, providing a multi-signature and social recovery framework.

Braavos: A self-custodial wallet utilizing account abstraction for improved user experience, now with open-source account contracts.

Orbiter Finance: A cross-rollup Layer 2 bridge facilitating low-cost, instant transfers across various blockchain platforms.

Starkgate: A token bridge enabling transactions between Ethereum and Starknet, leveraging Starknet’s computational efficiencies.

JediSwap: An AMM offering zero gas fee swaps, with a minimal swap fee that benefits liquidity providers.

Nostra: A multi-faceted DeFi project that includes a money market, a native stablecoin (UNO), and a next-generation stablecoin swap platform.

Starknet.id: Starknet’s answer to ENS, offering a free mintable identity that acts as an on-chain passport.

ZKX: The first perpetual futures exchange on Starknet focused on self-custody and community governance, with a mission to make global yields accessible to all.

Brine: A cross-chain DEX that opts for an order book model to mitigate slippage, charging a flat transaction fee with no gas fees.

zkLend: An L2 money-market protocol that brings together scalability, speed, cost efficiency, and security.