Starknet TVL Drops 3.7x to $42M Following 93% Vote to Become L1
Key Highlights Starknet suffered a sharp 73% decline in Total Value Locked (TVL) following the migration of $120 million by the Extended perpetuals platform to Arc, with stablecoin liquidity plunging from $147 million to $37 million. A governance proposal exploring a migration from an Ethereum Layer-2 to an independent Layer-1 network secured an overwhelming 93% ...