@SuccinctLabs and $PROVE
Succinct is a decentralized prover network built by Succinct Labs. It enables developers and applications (like rollups, bridges, AI agents, and more) to request zero-knowledge (ZK) proofs without setting up their own infrastructure. A two-sided marketplace connects requesters with independent provers, who compete via off-chain auctions and settle results on-chain using cryptographic proofs.
The PROVE token powers this ecosystem—it’s used as payment for proof generation, for staking by provers to participate, and eventually for governance as the network decentralizes.
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Recent Highlights
The mainnet launched August 5, 2025, introducing PROVE into live use across the network.
It supports 35+ protocols, has processed 5M+ proofs, and secures $4B+ in value across projects like Polygon, Mantle, Celestia, and Lido.
The token’s launch was accompanied by listings on major exchanges like Binance and Coinbase, and triggered massive trading volume surges.