Here’s a concise \~120‑word summary:
Succinct Labs (aka @Succinct or #SuccinctLabs ) powers the **Succinct Prover Network**, a decentralized Ethereum‑based marketplace where independent provers compete to generate zero‑knowledge proofs (ZKPs) at scale. The newly activated **\$PROVE ** token—launched alongside the mainnet on August 5, 2025—serves as the economic core: it's used for payments to provers, staking to secure the network, and governance over protocol parameters ([The Block][1], [docs.succinct.xyz][2], [Block Telegraph][3]). With over 35 protocols onboarded and more than five million proofs processed across 1,700 different programs—including integrations with Polygon, Mantle, Celestia, and Lido—the network has already secured \$4 billion in value ([Cointelegraph][4], [Mitosis University][5]).
Let me know if you’d like to explore its technical framework, tokenomics, or real-world use cases!
[1]: https://www.theblock.co/post/365606/succinct-mainnet-prove-token?utm_source=chatgpt.com "Succinct launches decentralized prover network on mainnet, activates native PROVE token | The Block"
[2]: https://docs.succinct.xyz/docs/protocol/prove/overview?utm_source=chatgpt.com "Overview | Succinct Docs"
[3]: https://blocktelegraph.io/succinct-the-first-decentralized-prover-network-launches-on-mainnet/?utm_source=chatgpt.com "Succinct, the First Decentralized Prover Network, Launches on Mainnet - BlockTelegraph"
[4]: https://cointelegraph.com/press-releases/succinct-the-first-decentralized-prover-network-launches-on-mainnet?utm_source=chatgpt.com "Succinct, the first decentralized prover network, launches on mainnet"
[5]: https://university.mitosis.org/a-deep-dive-into-succinct-labs-pioneering-zero-knowledge-proof-infrastructure/?utm_source=chatgpt.com "A Deep Dive into Succinct Labs: Pioneering Zero-Knowledge Proof Infrastructure"