@pickachuu
StarkNet is really struggling.
10 thousand daily active users, less than Cardano and much less than other L2 and blockchains
Lowest DEX volume compared to other blockchains
Lowest number of daily transactions compared to other L2s
ZKX, the main perpetual futures project, shut down this week
Once upon a time, dYdX running on StarkEx was considered a huge success and there was a lot of optimism around StarkNet.
Metrics show a lack of user community. A lot of money has been raised, both for StarkNet ($100 million at a valuation of $8 billion in 2022) and for ecosystem projects.
Sisyphus: This is what happens when you hate your core users too much.
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