Succinct ($PROVE made its first public appearance on Binance through the Binance Launchpool — giving millions of users a chance to farm #PROVE for free before trading began.
📅 Launchpool Farming Period:
Ju Succinct is a next-generation zero-knowledge (ZK) proof network that allows developers to prove that a program has run correctly — without revealing all its internal details.
It’s built on Ethereum and powered by its zkVM called SP1 (Succinct Proof Virtual Machine).
💡 In simple words:
Developers can write their code in languages like Rust or C++, send it to the network, and provers will compete to generate cryptographic proofs that verify the code’s execution — fast, secure, and trustless.
🛠 How the Network Works
1️⃣ Developer Submits Job 🧑💻 — The developer uploads a program for verification.
2️⃣ Off-Chain Proof Auction ⏳ — Multiple provers compete to provide the proof at the best price and speed.
3️⃣ On-Chain Settlement 🔗 — Once the proof is ready, it’s posted on-chain and verified via smart contracts.
💰 PROVE Token Utility
The PROVE token is the core of the Succinct ecosystem.
🔹 Payment for Provers — Developers pay in PROVE for proof generation.
🔹 Staking — Provers stake PROVE as collateral (slashed for bad behavior).
🔹 Delegation — Token holders can delegate to provers and earn rewards.
🔹 Governance — Vote on protocol upgrades and future decisions.
📊 Tokenomics
• Total Supply: 🪙 1,000,000,000 PROVE
• Circulating Supply at Launch: 🪙 195,000,000 (19.5%)
• Allocation Includes:
• Team & Advisors 👥
• Ecosystem Incentives 🌱
• Marketing 📢
• Binance HODLer Airdrop 🎁 (1.5% of supply)
🏆 Testnet Achievements
Before going mainnet, Succinct’s testnet already achieved:
✅ 5 million proofs generated 🔒
✅ 650 trillion RISC-V cycles processed ⚡
✅ $2.5M annualized revenue 📈
🤝 Partnerships & Integrations
Succinct is already connected with some of the biggest blockchain projects:
• Polygon 🟣
• Celestia 🌌
• Lido 🌊
• Mantle 🟠
• Avail 🔷
• Taiko 🥋
Over 1,000 developers have used the Rust SDK, with 170,000+ downloads.
📅 Binance Launch Details
📍 Launch Date: August 5, 2025 — 17:00 UTC
💳 Deposits Opened: August 5 — 04:00 UTC
💎 Trading Pairs: PROVE/USDT, PROVE/FDUSD, PROVE/TRY
🎁 Promotions & Airdrops
🪂 Binance HODLer Airdrop
Succinct was selected as the 31st Binance HODLer Airdrop project. Holders of selected assets like BNB got free PROVE before the listing.
💥 Trading Challenge (Aug 5–19, 2025) — 2,000,000 PROVE Prize Pool
Promotion A 🆕 — Deposit ≥ $100 → Get 4–20 PROVE vouchers (first 15,000 users).
Promotion B 📈 — Trade ≥ $200 PROVE → Get 4–20 PROVE vouchers (first 15,000 users).
Promotion C 🏆 — Trade ≥ $500 PROVE → Share 1.4M PROVE based on volume (max 4,000 PROVE per user).
🌍 Binance Affiliate Campaign (Aug 11–17, 2025)
Promotion A 🤝 — Affiliates inviting ≥ 3 valid users share 15,000 PROVE.
Promotion B 🎯 — First 2,500 new users completing registration, deposit, and trade get 10 PROVE each.
📈 Current Market Snapshot (as of Aug 14, 2025)
💵 Price: ~$1.38
💹 Market Cap: ~$268M
📊 24h Volume: ~$257M
🪙 Circulating Supply: 195M PROVE
🌟 Why PROVE Matters
Zero-knowledge technology is the future of blockchain scalability, security, and privacy. Succinct makes it accessible for any developer — without needing deep cryptography knowledge or massive infrastructure.
With:
✔ Strong partnerships
✔ Real revenue from testnet
✔ Binance support & incentives
PROVE has a strong foundation to become a major ZK infrastructure leader in the coming years.
