What to know : Starknet, an Ethereum layer-2 rollup, is investigating an outage that has left the protocol temporarily offline for over 4 hours now. Downtime can have knock-on effects across decentralized finance and other onchain applications, including stalled swaps, delayed withdrawals and difficulty updating positions.
Starknet, an Ethereum layer-2 rollup, is investigating an outage that has left the protocol temporarily offline for over 4 hours now.
“Starknet is currently experiencing downtime,” the project posted on X, adding that its team is “actively investigating the issue and working to restore full functionality as quickly as possible.”
Downtime can have knock-on effects across decentralized finance and other onchain applications, including stalled swaps, delayed withdrawals and difficulty updating positions.
Starknet did not immediately provide details on the root cause, estimated time to recovery or whether user funds were at risk.
CoinDesk reached out to the team for comment but did not hear back in time for publication.
The price of its native token, STRK, remains little changed according to CoinMarketCap, up at just 1.92% over the last 24 hours.
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