Starknet (STRK) perpetual market

Starknet is an Ethereum layer-2 network that uses STARK zero-knowledge proofs to bundle many transactions into a single proof settled on Ethereum, lowering costs while inheriting Ethereum's security. It was developed by StarkWare, co-founded by Eli Ben-Sasson and colleagues who pioneered STARK cryptography, and applications on Starknet are written in Cairo, a programming language the team created for provable computation. By generating validity proofs off-chain and verifying them on Ethereum, the network can process high transaction volumes without requiring participants to re-execute every transaction. Its STRK token is used to pay network fees and for governance and staking as the network progressively decentralizes its operation. Starknet is regarded as one of the leading zero-knowledge rollups, and its underlying proving technology is also used by other scaling systems, giving StarkWare an influential role in Ethereum's scaling roadmap.