Starknet lets DeFi users hide their main wallets

Ethereum layer-2 network Starknet has launched Shadow Accounts, a new privacy feature that allows users to trade, lend and manage decentralized finance (DeFi) positions without publicly connecting their activity to their main cryptocurrency wallets. StarkWare announced the launch on October 13, introducing a system that creates separate blockchain addresses for individual DeFi applications. Built on the network’s STRK20 privacy framework, the feature lets users maintain ongoing positions under different identities while keeping their main wallet addresses obscured. The company confirmed that Shadow Account balances and transactions remain visible onchain.

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