Starknet price
in USD
About Starknet
Starknet’s price performance
Starknet on socials
Guides
Starknet on OKX Learn
More to explore
Starknet FAQ
A liquidation is an event that occurs whenever a borrower on the Strike platform overshoots the collateral factor percentage of a specific market or in total. When this happens, the liquidation command within the corresponding Strike smart contract gets executed automatically.
As a result, the underlying collateral assets are liquidated to fulfill the borrower's obligations. These obligations also include a liquidation clearance fee levied by protocol.
The supply and borrow rates are determined through a yield curve rate mechanism. This makes the process autonomous, without the need for the protocol's users to individually negotiate the rates. In addition, this mechanism follows the conventional macroeconomic model of demand and supply.
Whenever there's a low demand for a specific market, supply and borrowing rates are kept lower and more lucrative for borrowers. On the other hand, whenever there's a high demand for any market, the borrowing and supply rates get automatically adjusted and become higher. The entire process is controlled via a code and is managed through the Strike protocol's governance mechanism.
You can buy STRK from OKX exchange. OKX offers the STRK/USDT trading pair.
Before you begin trading with OKX, you need to create an account. Then, to trade STRK/USDT, click "Basic trading" under "Trade" on the top navigation bar.
If you do not have USDT, you may buy USDT with your preferred fiat before swapping it for STRK in the trading terminal.
Alternatively, visit our new OKX Crypto Calculator. Select STRK and the desired fiat that you would like to convert to view the estimated live conversion price.
At OKX, we advise you to research any cryptocurrency before investing objectively. Cryptocurrency is deemed a high-risk asset and prone to sharp price movements. Therefore, we ask that you only invest what you are willing to lose.
Furthermore, like all cryptocurrencies, STRK is volatile and carries investment risks. Therefore, before investing, you should do your own research (DYOR) and evaluate your risk appetite before proceeding.
Dive deeper into Starknet
Disclaimer
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.