Bullish

Starknet Launches Privacy SDK and Wallet API for Private DeFi Development

2026-07-15 19:56:31

Starknet releases open-source Privacy SDK and Wallet API, enabling developers to build private DeFi apps using STRK20 tokens with zero-knowledge proofs without managing underlying infrastructure.

Woofun AI reports that Starknet has officially launched its open-source Privacy Development Kit, comprising the Privacy SDK and Privacy Wallet API. The TypeScript-based SDK, licensed under Apache 2.0, targets wallets and advanced integrators, while the API allows standard DApps to utilize starknet.js for asset masking, transferring, and swapping without handling private keys or zero-knowledge proofs directly. Starknet confirms its STRK20 privacy token standard is live on mainnet, converting ERC-20 tokens into assets with masked balances and private transfers verified via zero-knowledge STARK proofs. Ecosystem projects including avnu, Troves, ForgeYields, Ready, Xverse, and Ekubo are currently building applications using this privacy stack.

WOOFUN AI

Impact Assessment · Quick Read

The release lowers technical barriers for privacy-preserving DeFi by abstracting complex zero-knowledge proof generation. This could accelerate adoption of private transaction protocols on Starknet, potentially increasing demand for STRK as the native utility token for these services. Early integration by major ecosystem players suggests strong developer confidence in the new privacy infrastructure.
Generated by WOOFUN AI · For reference only, not investment advice

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