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Starknet Launches Shadow Accounts for Enhanced DeFi Privacy

Starknet introduces Shadow Accounts to separate dApp activity from user main wallets, enhancing privacy in decentralized finance.

Starknet introduces Shadow Accounts to separate dApp activity from user main wallets, enhancing privacy in decentralized finance. Starknet (STRK) is trading at $0.0857, up 0.8% since this brief published. This is an original TLT brief based on reporting by Crypto Economy, with live market data added, as of Wed, 14 Oct 2026 01:15:02 UTC.

Why it matters

Shadow Accounts could significantly improve user privacy in DeFi by isolating dApp interactions from primary wallets, reducing exposure of sensitive transaction data.

Key takeaways
  • Starknet launched Shadow Accounts under the STRK20 standard.
  • Feature enables persistent pseudonymous identities for dApps.
  • Starknet TVL surged 48.7% in the past week to $458.19M.
  • STRK token is up 66.69% over the last seven days.

On Tuesday, Starknet announced the launch of Shadow Accounts, a privacy-enhancing feature under the STRK20 standard. This tool allows users to create persistent pseudonymous identities for each decentralized application, separating dApp interactions from their primary wallet addresses.

The introduction of Shadow Accounts aims to provide users with greater control over their transaction privacy by enabling a toggle between public and private modes. This segregation of activities could reduce the risk of exposing sensitive data and improve overall security in DeFi transactions.

According to DeFiLlama, Starknet's Total Value Locked (TVL) has seen a significant increase of 48.7% over the past week, reaching $458.19 million. This growth indicates a rising interest in the platform, potentially bolstered by the new privacy features.

The broader crypto market is currently in a bullish phase, with the total market cap at $2.87 trillion. Bitcoin has gained 1.68% in the last 24 hours, and the Fear & Greed Index stands at 62, indicating a 'Greed' sentiment. The STRK token, however, experienced a slight dip of 0.70% in the past day but remains up by 66.69% over the week, with a market cap of $630.95 million.

The launch of Shadow Accounts underscores Starknet's commitment to enhancing privacy in DeFi. As privacy concerns continue to grow, the feature could attract more users to the platform, potentially driving further growth in its TVL and token value.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Starknet (STRK) has moved from $0.0851 to $0.0857 — +0.79%.

$0.085$0.0852$0.0854$0.0856$0.0858 published · $0.0851 now · $0.0857 (+0.79%) Oct 14 00:03 UTC Oct 14 01:15 UTC
BeforeSince publishPublished · $0.0851

The chart plots STRK's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 STRK ≈ ₦117.27 (about $0.0857), down 1.4% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#102
$0.0857 ▼ 1.38%
+0.79% since this brief published
7d +65.58%MCap $635.92MFull STRK data →
The market when this published · October 14, 2026
Total market cap$2.87T
Bitcoin 24h+1.68%
Ethereum 24h+2.20%
BTC dominance58.3%
Fear & Greed62 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 14, 2026.

Starknet TVL$458.19M+48.7% 7dDeFiLlama ↗
Bitcoin DeFi TVL$4.46BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Starknet Launches Shadow Accounts for Enhanced DeFi Privacy — questions & answers

What are Shadow Accounts on Starknet?

Shadow Accounts are pseudonymous identities for dApps that segregate activity from the user's main wallet, enhancing privacy.

How does Starknet's TVL affect the new feature?

Starknet's TVL surged 48.7% in the past week to $458.19M, indicating growing platform interest, which could be boosted by privacy features.

What is the current market sentiment for crypto?

The crypto market is in a bullish phase with a market cap of $2.87T, Bitcoin up 1.68%, and a Fear & Greed Index of 62 (Greed).

How much is 1 Starknet worth in naira today?

About ₦117.27 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.0857. The naira price moves with both STRK's US-dollar price and the USDT/NGN rate; use our Starknet in naira page for any amount.

Has Starknet's price moved since this brief was published?

STRK is up 0.79% since this brief first published — trading at $0.0857 now versus $0.0851 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 14, 2026 ⛓ Timestamped at Bitcoin block #971,320 sha256:753216c89e8542a5
Based on reporting by Crypto Economy — this is an original TLT summary with live market data, not the original article.Crypto Economy · Oct 14 00:03 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.