The Starknet ecosystem is still in its early stages, partly because Starknet is not compatible with the EVM and developers must integrate Solidity contracts Convert to Cairo. Now there are only a dozen protocols online on the entire network. I’ll introduce a few of them below that performed reasonably well.
JediSwap is currently the #1 Dex on Starknet, with a TVL of over $7 million. It is a Uniswap V2 fork with plans to integrate Uniswap V3 in Q3 2023. The currency-to-crypto exchange built into the Argent X wallet is also supported by it.
JediSwap official website: https://www.jediswap.xyz
You can trade between ETH and USDC on JediSwap as this is the most liquid one. right.
You can also be an LP on JediSwap. But because there are no additional token rewards, the income as an LP can only be said to be so-so. JediSwap has not issued a token yet. Additionally, JediSwap has received an EAG grant from the Starknet Foundation totaling 150,000 $STRK, and may receive more in the future. JediSwap may redistribute these rewards to early users. Providing liquidity is more likely to earn you rewards than just trading.
10K Swap (https://10kswap.com/) is also a DEX, TVL is It ranks second on Starknet at $2.5 million.
mySwap (https://www.myswap.xyz) is the third DEX with a TVL of 210 Ten thousand U.S. dollars.
There is not much difference between these DEXs, JediSwap currently offers the least slippage and generates the most fees. There are also some smaller DEXs whose TVL can be ignored, so they will not be introduced here.
zkLend (https://zklend.com) is the only lending protocol with a certain TVL. Well-known DeFi investors Delphi Digital and Starkware themselves have invested in him. There is almost $1 million available for lending on the platform, but the interest rates don’t look attractive.
RabbitX (https:// app.rabbitx.io/) is a real-time order book Perp platform on Ethereum, powered by Starknet. You connect to the site using an Ethereum mainnet wallet. Deposits and withdrawals on RabbitX are done on Ethereum. RabbitX then uses Starknet to conduct transactions.
There is no gas fee for transactions on RabbitX, but deposits and withdrawals require gas. You must deposit ERC-20 USDT to start trading, and withdrawals can take up to 12 hours.
It now offers eight trading pairs.
As mentioned before, Starknet is now in the Alpha testing stage, and most projects are still in It is in the internal testing stage, or development has not been completed, so there is not much content that can be interacted with. However, theoretically speaking, a completely full version of Starknet will be the most powerful Ethereum expansion solution. Therefore, it is necessary to always pay attention to this ecology.