Starknet Secures $276M TVL as Investors Eye Bitcoin Layer 2 Potential

Published at 2025-11-14 14:32:16

Starknet reopened its incentive program and quickly attracted at least $276 million in total value locked, a jump largely attributable to generous rewards for Bitcoin deposits. The campaign has funneled BTC into Starknet bridges and yield mechanisms, drawing fresh investor interest in using a Layer 2 to increase Bitcoin’s on‑chain utility and liquidity.

StarkWare CEO Eli Ben‑Sasson described the outcome as validation of a strategy to make Bitcoin productive rather than just a store of value. The development matters because sustained inflows could deepen liquidity, create new yield opportunities tied to STRK economics, and spur competition among L2s seeking Bitcoin capital — though observers will be watching retention, withdrawal patterns and whether the rewards model is sustainable without adding volatility.

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