Ecological Explosion: A Review of 10 Leading DeFi Projects Integrated with $PROVE

SuccinctLabs' PROVE has become the core infrastructure for cross-chain verification and data compression in the DeFi ecosystem, thanks to its high-performance zero-knowledge proof (ZKP) technology. Here are 10 leading projects that have integrated PROVE along with their innovative application scenarios:

PancakeSwap

One of the largest DEXs globally, achieving multi-chain transaction verification through PROVE's light node architecture, reducing cross-chain fees and enhancing security, with a TVL exceeding $2.2 billion.

Hyperliquid

A leading derivatives platform that utilizes PROVE’s ZK proof to verify perpetual contract settlements, with open contracts reaching $15.3 billion, accounting for 74% of the entire chain's derivatives market.

Venus Protocol

A leading lending protocol on the BNB Chain that integrates PROVE to compress historical data verification, reducing the bad debt ratio to 0.1%, with a TVL nearing $1 billion.

Avalanche AvaCloud

Achieves on-chain auditing of institutional-grade RWA (such as real estate tokenization) through PROVE, with a TVL of $3.7 billion, focusing on the Asia-Pacific market.

MetaMask mmUSD

Issues compliant stablecoins based on PROVE's ZK technology, directly integrated into the wallet ecosystem of 30 million users, aiming to challenge the $250 billion stablecoin market.

Pendle Finance

A yield derivatives protocol that combines PROVE to verify cross-chain settlements of interest rate derivatives, collaborating with Ethena to push the USDe issuance beyond $10 billion.

Aave

Integrates $PROVE to optimize cross-chain lending verification, reducing communication costs between Layer 2 and the mainnet, and enhancing capital efficiency.

Ethena

An algorithmic stablecoin protocol that uses PROVE light nodes to verify the status of collateral assets, supporting a market cap of over $10.2 billion for USDe.

Jito Labs

A MEV solution in the Solana ecosystem, using PROVE to verify the validity of transaction bundles, promoting decentralized governance.

Succinct Prover Network

Its mainnet enables $PROVE token incentives for proving nodes, forming a decentralized verification network that supports multi-chain interoperability.

These projects showcase the diverse value of $PROVE in enhancing efficiency, reducing costs, and strengthening security, propelling DeFi towards a scalable future. @Succinct #SuccinctLabs