Question:

Q1. StarkNet is a layer 2 chain, that ensures interoperability with the Ethereum mainnet. People are using it to move real ETH to StarkNet and enjoy its higher speed of transaction and lower fees. How many ETHs have been deposited or withdrawn (bridged) so far from Ethereum to StarkNet or vice versa? and by how many depositors?

What is StarkNet?

StarkWare is building StarkNet, a decentralized, permissionless and censorship-resistant STARK-powered L2 ZK-Rollup that supports general-computation over Ethereum.

The main reason of application of StarkNet is the higher transaction speed and lower fee of it.

The amount of deposited or withdrawn (bridged) so far from Ethereum to StarkNet or vice versa discloses in this study.

The reference of these explanations is Medium and StarkNet.

Approach:

The methodology of this essay has two major steps and each one represents the deposit and withdraw actions:

• Deposit ETH to StarkNet

  ethereum.core.ez_eth_transfers
  where ORIGIN_TO_ADDRESS = '0xae0ee0a63a2ce6baeeffe56e7714fb4efe48d419'  and 
  ORIGIN_FUNCTION_SIGNATURE = '0xb6b55f25'
  and IDENTIFIER='CALL_ORIGIN'
  

• Withdraw ETH from StarkNet

   from ethereum.core.ez_eth_transfers
   where eth_FROM_ADDRESS = '0xae0ee0a63a2ce6baeeffe56e7714fb4efe48d419' and 
   ORIGIN_FUNCTION_SIGNATURE = '0x00f714ce'
   and IDENTIFIER='CALL_0_1'
  

Results:

Deposited ETH to StarkNet

The key findings of deposited ETH to StarkNet have been listed as below:

1. The total amount of 430 ETH have been deposited by 18.28k distinct depositor on StarkNet so far
2. The USD value of deposited ETH on StarkNet so far is 0.769 million $.
3. The trend of depositing ETH on StarkNet begun since May 9 and before that time the amount of deposit was very small.
4. The ETH deposit on StarkNet follows the periodic rhythm as displayed in the last graph.

Withdrawn ETH from StarkNet

The Key findings of withdrawn ETH from StarkNet have been represented as below:

1. The amount of withdrawn ETH by 636 distinct withdrawer is 25.02 ETH.
2. The USD value of withdrawn ETH is 32.9k $.
3. The withdrawal of ETH from StarkNet was considerable in the week connects May 13 to 20. Furthermore, the withdrawal begun since June 4th of 2022 as can be seen in the last graphic.