Starknet private transactions nearly double to 4,600 in October

Privacy on Starknet is getting busier. Private STRK20 transactions nearly doubled in October, climbing to 4,600 from 2,400 in September.

For a framework that only launched in April, though, the trajectory is what Starknet wants people to notice.

The figures were shared in a November 11 update.

What the numbers show

The headline figure is the month-over-month jump. October’s 4,600 private transactions came in just shy of twice September’s 2,400.

Zoom out and the cumulative picture is larger. By November 11, Starknet reported more than 38,000 confidential transactions since STRK20 went live in April.

The framework has also gathered a growing roster of assets. As of November, 63 tokens have been shielded under STRK20.

Trading activity is showing up too. Starknet counted 1,900 confidential swaps by early November, recorded on decentralized exchanges including AVNU and Ekubo.

On the money side, the scale is still modest. Approximately $1.4 to $1.5 million in assets sat shielded in the privacy pool as of early October, spread across around 50 tokens.

The research also points to roughly 3,000 unique wallets participating in the ecosystem.

How STRK20 and Shadow Accounts work

STRK20 is Starknet’s programmable privacy framework. It relies on zero-knowledge proofs, a cryptographic method that lets someone prove a transaction is valid without revealing the details behind it.

The design choice Starknet keeps emphasizing is that STRK20 avoids creating isolated liquidity pools. Private assets can plug into existing DeFi applications rather than being stuck in a separate corner of the network.

The other piece of the puzzle is Shadow Accounts, which began rolling out in mid-October. These give users a pseudonymous address for each decentralized app they use, while keeping their main wallet details confidential. Early integrations include Ekubo, Vesu, and Opus.

Privacy with a compliance layer

STRK20 ships with compliance features built in. Those include viewing keys and sanctions screening. A viewing key allows a user to optionally disclose transaction details to a chosen party, such as an auditor or regulator.

What this means

For Starknet, the October data is an early proof point. A framework that launched in April now has tens of thousands of confidential transactions, dozens of shielded tokens, and working integrations with several DeFi apps.

Still, perspective helps. A privacy pool holding around $1.4 to $1.5 million is tiny by DeFi standards, and 4,600 monthly transactions won’t trouble the throughput charts anytime soon.

For now, the things to track are fairly clear: November transaction counts, growth in shielded assets, new Shadow Account integrations beyond Ekubo, Vesu, and Opus, and how regulators respond to privacy tools that come with a built-in disclosure option.