Starknet’s STRK Falls 57% in Four Weeks as DeFi TVL Drops to $35.8M

The retreat in STRK looks less like a broad market move than a network-specific unwind: a single protocol relocating settlement to Arc has visibly pulled DeFi TVL down, showing how concentrated Starknet's on-chain activity remains. That sensitivity matters for anyone tracking L2 fundamentals, since it suggests liquidity here is portable and thin. The proposed shift to a Layer 1 remains only research, so it offers no near-term anchor. Whether TVL stabilizes after the Extended exit, or continues bleeding as other protocols reconsider settlement venues, is the open question worth watching.