Astar Network
Astar Network is a Japan-anchored web3 collective operating a Polkadot parachain supporting EVM and WASM smart contracts. It serves Web3 builders, Japanese enterprises (Sony, Toyota, NTT Docomo), and retail users via dApp Staking, cross-chain bridges, and consumer products on Soneium.
- Company typePrivate
- Founded2019
- HeadquartersTokyo, Japan
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Astar Network does
Astar Network is a Japan-anchored web3 collective operating a multichain smart contract platform. Its core infrastructure is a Polkadot parachain supporting both EVM and WASM smart contracts via its proprietary XVM (Cross-Virtual Machine) layer, launched in January 2021 and extended in March 2023 to Ethereum through Astar zkEVM (Polygon CDK). In January 2025, Astar co-developed Soneium, an Ethereum Layer 2, with Sony Block Solution Labs and Startale Group, with ASTR serving as the core collateral asset of the Soneium ecosystem and attracting 170+ projects within two weeks of launch.
The Collective's product surface spans four pillars: (1) Astar Network, hosting dApp Staking (16 curated projects across two tiers on an annual cycle), four-council onchain governance (Main, Technical, Community, Finance), and the dApp Staking, Portal, and Governance modules; (2) Astar Stack, an upcoming onchain finance framework with AstarFi (Q3 2026) and Astar Guard (Q4 2026) as the first products; (3) Yoki, a Japanese folklore-anchored consumer IP with Yoki Legacy (live on Soneium since April 2025) and Yoki Arcade (live since May 2026); and (4) the ASTR token, which under Tokenomics 3.0 (activated Q1 2026) operates with ~4% inflation and a long-term supply cap converging toward approximately 10 billion ASTR, plus a Burndrop lock-and-burn mechanism.
Astar's business model is token-mediated rather than subscription-based: users pay gas fees in ASTR, ASTR stakers earn dApp Staking rewards from protocol inflation, and future Stack product revenue is intended to route back to ASTR holders. The go-to-market operates in three motions: product-led growth through dApp Staking and the Astar Portal, enterprise field sales into Japanese corporates (Sony Network Communications, Toyota, NTT Docomo, Tokyu Corporation, JR Kyushu, Calbee), and channel distribution through Soneium and integrations with MetaMask, Ledger, Polkadot.js, SubWallet, Uniswap, Chainlink CCIP, LayerZero, Celer Network, Bifrost, and DeFi Llama. Served segments are Japanese enterprises seeking Web3 infrastructure, Web3 builders and developers, and retail crypto users. The legal entity is STAKE TECHNOLOGIES PTE. LTD., incorporated in Singapore, with geographic restrictions including the United States.
Astar Network firmographics
Firmographics- Name
- Astar Network
- Legal name
- STAKE TECHNOLOGIES PTE. LTD.
- Website
- https://astar.network
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Astar Network is a Japan-anchored web3 collective operating a Polkadot parachain supporting EVM and WASM smart contracts. It serves Web3 builders, Japanese enterprises (Sony, Toyota, NTT Docomo), and retail users via dApp Staking, cross-chain bridges, and consumer products on Soneium.
- Ownership category
- akta.pro rank
Astar Network industry classification
Industry- Product category
- Blockchain Infrastructure
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- MEV, Sequencing & Transaction Supply Chain (builders, searchers, PBS, auctions) (FSAPAAAG)
- akta.pro secondary industries
- NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails) (FSAPAFAJ), In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE), Interoperability & Asset Bridging for Games (cross-game/cross-chain assets) (FSAPAGAJ), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)
Keywords
Where Astar Network is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices1 record
Markets served
Astar Network business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Network Gas Fees: Users pay gas fees denominated in ASTR for onchain transactions on Astar Network, including smart contract deployments, token transfers, and governance votes. Gas fees are collected by the network as part of its base operation.
- ASTR Token Utility and Value Capture: ASTR serves multiple utility functions: staking for governance, dApp Staking rewards, gas for transactions, and utility within Yoki products and Astar Stack. As usage grows, demand for ASTR increases, and Tokenomics 3.0 ensures supply constraints. Astar Collective routes revenue from Astar Stack products (Astar Fi, Astar Guard) back to ASTR holders.
- dApp Staking Protocol Rewards: ASTR inflation funds protocol-level issuance rewards distributed to stakers who back curated onchain projects. The inflation rate is approximately 4% under Tokenomics 3.0, down from 7% prior, with issuance decaying over time as supply converges toward the ~10 billion cap.
- Yoki Consumer Products: Yoki Legacy (collectible game) and Yoki Arcade (onchain PvP) on Soneium use ASTR for minting capsules, match pools, and gameplay rewards. These consumer products generate onchain demand for ASTR by integrating the token natively into gaming mechanics.
Go-to-market motion3 records
Distribution channels6 records
Marketing channels10 records
Astar Network product offering
Product offeringCore offering
Astar Network is a multichain smart contract platform operating as a Polkadot parachain that simultaneously supports EVM and WASM environments via its proprietary XVM (Cross-Virtual Machine) technology. The Collective sells and operates blockchain infrastructure including dApp Staking, on-chain governance, the Astar Portal unified interface, and consumer-facing Yoki IP products (Yoki Legacy and Yoki Arcade on Soneium), with the ASTR utility token powering transactions, staking, governance, and consumer product mechanics. The platform extends beyond Polkadot via Astar zkEVM (Polygon CDK) and the Soneium Ethereum Layer 2 built with Sony Block Solution Labs.
Product overview
Astar is a web3 collective anchored by Astar Network, a live blockchain on Polkadot that supports both EVM and WASM smart contracts. The collective operates two product lines: the Astar Stack for on-chain finance (AstarFi and Astar Guard, in development) and the Yoki consumer IP (Yoki Arcade and Yoki Legacy, live on Soneium). Astar Network hosts live products including dApp Staking (a staking mechanism supporting 16 curated projects) and Governance (on-chain voting across four councils). The Astar Portal serves as the unified access point for managing ASTR, staking, bridging, and governance participation. The ASTR token powers staking, governance, DeFi, and product utility across both Astar Network and Soneium. Revenue from Stack products routes to ASTR, and Tokenomics 3.0 governs a supply convergence model with a ~4% inflation cap.
Differentiator
Problem solved
Functional benefit
Brands
- Astar Stack: Product framework for onchain finance including Astar Fi (save, earn, invest) and Astar Guard (portfolio risk monitoring)
- Astar Fi
- Astar Guard
- Yoki
- Yoki Legacy
- Yoki Arcade
- dApp Staking
- Astar Portal
- Burndrop
- ASTR
- Astar zkEVM
Products and services
- Astar Network Multichain smart contract platform operating as a Polkadot parachain that supports both EVM and WASM environments simultaneously via proprietary XVM technology. Hosts dApp Staking, on-chain governance, and a project ecosystem powered by the ASTR utility token, and extends to Ethereum via Astar zkEVM and Soneium.
- Astar Portal Single-interface platform for ASTR holders to manage assets, stake ASTR, bridge across chains (Astar, Soneium, Ethereum), and access on-chain governance. Consolidates dApp Staking and ecosystem tools into one access point.
- dApp Staking On-chain staking mechanism allowing ASTR holders to back curated onchain projects and earn annual yields. Operates on a 2-tier, 16-project, 1-year cycle with governance by the Astar Community Council.
- Governance On-chain voting system for ASTR holders covering protocol parameters, treasury allocation, and dApp Staking decisions. Four councils (Main, Technical, Community, Finance) and direct ASTR holder voting power via holdings and staking positions.
- Yoki Legacy Collectible game on Soneium where players mint capsules, collect and fuse Yoki characters rooted in Japanese folklore, and complete Notebooks using ASTR as the in-game currency.
- Yoki Arcade On-chain PvP mini-app hub on Soneium within the Startale App where Yoki holders compete in attribute-based duels using ASTR match pools. Wave 1 launched as a commit-reveal elemental Jan-Ken-Pon game.
- ASTR Economic and governance token of the Astar Collective. Powers staking and governance on Astar Network, supports DeFi across multiple networks, and drives utility in Astar Stack financial products and Yoki consumer products.
Quantifiable outcome
- 170+ projects onboarded to Soneium within two weeks of launch (January 2025)
- +4 more outcomes
Companies that use Astar Network
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Astar Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
Feature8 records
Astar Network partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship, core and minor.
- Sony Block Solution Labs (Soneium)flagshipSony Block Solution Labs launched Soneium, an Ethereum Layer 2, in partnership with Astar Network and Startale Group. ASTR serves as the core collateral asset of the Soneium ecosystem. Astar's role expanded beyond its native chain to serve as a core contributor to Soneium, aligning with Sony's 2025-2027 strategic plan to integrate gaming, music, and financial businesses via Web3.
- Startale GroupflagshipStartale Group supports Astar Network's infrastructure and leads the Burndrop mechanism. It is also the co-developer of Soneium alongside Sony Block Solution Labs. Startale's Startale App serves as the all-in-one superapp for the Soneium ecosystem.
- ChainlinkcoreChainlink CCIP provides cross-chain bridging for ASTR between Astar Network and Soneium. ASTR expanded to Superchain via Chainlink CCIP, enabling ASTR to reach Polkadot, Ethereum, and Superchain ecosystems.
- NTT DocomocoreNTT Docomo committed $4 billion toward Web3 investments and partnerships. While not exclusively an Astar investment, NTT Docomo's Web3 direction aligns with Astar's positioning as Japan's leading Web3 blockchain platform.
- Sony Network CommunicationscoreSony Network Communications partnered with Astar to run a Web3 Incubation Program supporting startups building on Astar's platform. This partnership established Astar as a trusted Web3 infrastructure partner for Sony's broader blockchain initiatives, eventually leading to the Soneium collaboration.
- ToyotaminorToyota sponsored Astar Network's hackathon to experiment with blockchain use cases, exploring Web3 applications for the automotive industry.
- Tokyu CorporationcoreTokyu Corporation distributed commemorative NFTs to customers using Astar Network's infrastructure, demonstrating real-world enterprise NFT use cases on Astar.
- JR Kyushu Railway CompanycoreJR Kyushu Railway Company launched NFTs on Astar Network to boost customer engagement, showcasing enterprise blockchain adoption in the railway sector.
- Calbee Inc.coreLeading Japanese snack food maker Calbee deployed its evolving potato chip NFTs on Astar Network, demonstrating NFT loyalty and engagement programs for consumer brands.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Astar Network competitors and assessment
Company assessmentDirect peers
- Moonbeam: Polkadot parachain offering EVM-compatible smart contract execution and cross-chain connectivity. Both Astar and Moonbeam target developers seeking EVM compatibility within Polkadot, competing for the same parachain-near dApp deployments.
- Acala: Polkadot parachain focused on DeFi and stablecoins (aUSD). Acala shares Astar's parachain infrastructure base but targets financial primitives, making it the closest comparable for the Polkadot-native parachain category.
- Near Protocol: Multi-chain smart contract platform supporting EVM and WASM with account abstraction and sharding. Near and Astar both target multichain, multi-VM developer flexibility at the protocol layer, with comparable infrastructure positioning.
- Internet Computer (DFINITY): Independent L1 with native WASM smart contract execution targeting a broader developer audience. Comparable to Astar as a smart contract platform competing outside the EVM-monoculture narrative.
- Mantle: Ethereum L2 with a focus on modular architecture and a treasury-backed ecosystem fund. Competes with Astar zkEVM and Astar Stack for the same developer mindshare in the high-performance L2 segment.
- Flow (Dapper Labs): Layer-1 blockchain built for consumer applications including gaming and NFTs (NBA Top Shot, NFL All Day). Flow's consumer-first chain positioning parallels Astar's Yoki strategy and NFT commerce focus.
- Aptos: Move-based L1 with strong backing (a16z, Multicoin) targeting high-throughput smart contract execution. Aptos competes for the same institutional/enterprise-grade smart contract platform category as Astar.
Broad incumbents
- Polygon Labs: Astar's zkEVM is built on Polygon CDK, making Polygon both a technology partner and competitive reference point. Polygon offers a broader L2 ecosystem (Polygon PoS, Polygon zkEVM, Polygon Miden) competing for the same Ethereum-aligned developer base.
Emerging players
- Immutable: Web3 gaming infrastructure platform providing zk-rollup L2 and tools for NFT-based games. Directly comparable to Yoki gaming IP strategy and to consumer-IP-on-blockchain architecture Astar is building via Soneium.
- Soneium: Consumer-facing Ethereum L2 launched by Sony Block Solution Labs in partnership with Astar and Startale Group. Astar is a core contributor and Soneium uses ASTR as the core collateral asset, making them overlapping ecosystems with shared strategic direction.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Astar Network social profiles
Digital presenceAstar Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Astar Network leadership team
Management profileNumber of profiles
Profiles1 record
Astar Network funding detail
Funding detailFunding overview
Funding rounds3 records
Investors18 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Astar Network M&A and investment
M&A and investmentM&A
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Astar Network
What does Astar Network do?
Astar Network is a multichain smart contract platform operating as a Polkadot parachain that simultaneously supports EVM and WASM environments via its proprietary XVM (Cross-Virtual Machine) technology. The Collective sells and operates blockchain infrastructure including dApp Staking, on-chain governance, the Astar Portal unified interface, and consumer-facing Yoki IP products (Yoki Legacy and Yoki Arcade on Soneium), with the ASTR utility token powering transactions, staking, governance, and consumer product mechanics. The platform extends beyond Polkadot via Astar zkEVM (Polygon CDK) and the Soneium Ethereum Layer 2 built with Sony Block Solution Labs.
Is Astar Network a public or private company?
Astar Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was Astar Network founded?
Astar Network was founded in 2019. It employs 11 to 50 people.
Where is Astar Network based?
Astar Network is headquartered in Tokyo, Japan, in the Asia region.
How does Astar Network make money?
Four revenue lines are on record. Network Gas Fees are the primary driver. The others are ASTR Token Utility and Value Capture, dApp Staking Protocol Rewards and yoki Consumer Products.
Who are Astar Network's main competitors?
Direct peers on record are Moonbeam, Acala, Near Protocol, Internet Computer (DFINITY), Mantle, Flow (Dapper Labs) and Aptos. Polygon Labs is listed as a broad incumbent. Emerging players are Immutable and Soneium.
Does Astar Network have an API?
Yes. Astar provides a REST API accessible via Swagger UI at https://api.astar.network/ for querying dApp Staking data, including endpoints for network TVL, staker counts, reward events, stake info, and more. The API is provided as a complimentary endpoint with restricted usage, not suitable for high-demand scenarios. A separate GraphQL API (Indexer) is available at https://squid.subsquid.io/dapps-staking-indexer-{network}/graphql for deeper on-chain data queries, covering dapps, reward events, stakes, TVL, and unique addresses. Developer documentation is at api.astar.network.
What industry is Astar Network in?
Astar Network's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAAAG, MEV, Sequencing & Transaction Supply Chain (builders, searchers, PBS, auctions), with a secondary code of FSAPAFAJ, NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails). Its SIC code is 7371.