Succinct ($PROVE made its first public appearance on Binance through the Binance Launchpool â giving millions of users a chance to farm #PROVE for free before trading began.
đ 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 â without revealing all its internal details.
Itâs built on Ethereum and powered by its zkVM called SP1 (Succinct Proof Virtual Machine).
đĄ 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 codeâs execution â fast, secure, and trustless.
đ How the Network Works
1ïžâŁ Developer Submits Job đ§âđ» â The developer uploads a program for verification.
2ïžâŁ Off-Chain Proof Auction âł â Multiple provers compete to provide the proof at the best price and speed.
3ïžâŁ On-Chain Settlement đ â Once the proof is ready, itâs posted on-chain and verified via smart contracts.
đ° PROVE Token Utility
The PROVE token is the core of the Succinct ecosystem.
đč Payment for Provers â Developers pay in PROVE for proof generation.
đč Staking â Provers stake PROVE as collateral (slashed for bad behavior).
đč Delegation â Token holders can delegate to provers and earn rewards.
đč Governance â Vote on protocol upgrades and future decisions.
đ Tokenomics
âą Total Supply: đȘ 1,000,000,000 PROVE
âą Circulating Supply at Launch: đȘ 195,000,000 (19.5%)
âą Allocation Includes:
âą Team & Advisors đ„
âą Ecosystem Incentives đ±
âą Marketing đą
âą Binance HODLer Airdrop đ (1.5% of supply)
đ Testnet Achievements
Before going mainnet, Succinctâs testnet already achieved:
â 5 million proofs generated đ
â 650 trillion RISC-V cycles processed âĄ
â $2.5M annualized revenue đ
đ€ Partnerships & Integrations
Succinct is already connected with some of the biggest blockchain projects:
âą Polygon đŁ
âą Celestia đ
âą Lido đ
âą Mantle đ
âą Avail đ·
âą Taiko đ„
Over 1,000 developers have used the Rust SDK, with 170,000+ downloads.
đ Binance Launch Details
đ Launch Date: August 5, 2025 â 17:00 UTC
đł Deposits Opened: August 5 â 04:00 UTC
đ Trading Pairs: PROVE/USDT, PROVE/FDUSD, PROVE/TRY
đ Promotions & Airdrops
đȘ 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.
đ„ Trading Challenge (Aug 5â19, 2025) â 2,000,000 PROVE Prize Pool
Promotion A đ â Deposit â„ $100 â Get 4â20 PROVE vouchers (first 15,000 users).
Promotion B đ â Trade â„ $200 PROVE â Get 4â20 PROVE vouchers (first 15,000 users).
Promotion C đ â Trade â„ $500 PROVE â Share 1.4M PROVE based on volume (max 4,000 PROVE per user).
đ Binance Affiliate Campaign (Aug 11â17, 2025)
Promotion A đ€ â Affiliates inviting â„ 3 valid users share 15,000 PROVE.
Promotion B đŻ â First 2,500 new users completing registration, deposit, and trade get 10 PROVE each.
đ Current Market Snapshot (as of Aug 14, 2025)
đ” Price: ~$1.38
đč Market Cap: ~$268M
đ 24h Volume: ~$257M
đȘ Circulating Supply: 195M PROVE
đ Why PROVE Matters
Zero-knowledge technology is the future of blockchain scalability, security, and privacy. Succinct makes it accessible for any developer â without needing deep cryptography knowledge or massive infrastructure.
With:
â Strong partnerships
â Real revenue from testnet
â Binance support & incentives
PROVE has a strong foundation to become a major ZK infrastructure leader in the coming years.