With STRK initially buying and selling at a completely diluted valuation of $30 billion, the worth of the airdropped tokens on launch day surpassed Arbitrum’s $1.5 billion.
Ethereum Layer 2 community Starknet launched its long-awaited token yesterday with an airdrop of 700 million STRK for builders and early customers.
STRK debuted above $3, valuing the undertaking above $30 billion on a completely diluted foundation and placing the worth of the airdrop at $2.1 billion – the most important in crypto historical past.
The document was beforehand held by Arbitrum, the main Layer 2 with $12.4 billion in complete worth locked (TVL). ARB launched at a completely diluted valuation (FDV) of $13 billion, valuing its airdrop at $1.5 billion.
Almost half 1,000,000 customers have claimed 424M STRK tokens up to now, in keeping with a Token Circulation dashboard.
STRK is buying and selling round $1.80 on the time of writing, implying a FDV of $18 billion. That’s nearly on par with Arbitrum and oracle supplier Chainlink, and better than Optimism, the second largest Layer 2.
When it comes to non-native belongings deposited, Starknet ranks sixth amongst Layer 2s with $208 million, in keeping with knowledge from L2beat.
