According to @PeckShieldAlert, Ethereum’s Layer-2 network StarkNet has been down for over 4 hours due to a service outage, source: @PeckShieldAlert. Traders should assume elevated execution and settlement risk on StarkNet during the reported downtime and verify network status before routing transactions or managing StarkNet-dependent positions, source: @PeckShieldAlert.

According to @lookonchain, Starknet has been down for about 4 hours, with the network stopping block production after block 1961878. According to @lookonchain, no new blocks have been produced since that height, meaning on-chain transactions on Starknet cannot be finalized until block production resumes, a key consideration for STRK and Starknet DeFi exposure.