what's succinct?
Succinct is a decentralized prover network designed to make zero-knowledge proofs (ZKPs) accessible and scalable for developers building blockchain applications. It operates as a marketplace connecting proof requesters with a global network of provers, enabling efficient generation and verification of ZKPs for various software and protocols. By leveraging innovations like the SP1 zkVM, Succinct allows developers to prove the correctness of arbitrary computations without requiring specialized hardware or complex infrastructure, fostering interoperability across blockchain ecosystems. The network's architecture includes a competitive auction system for provers to bid on proof requests, a staking mechanism to ensure reliability and prevent Sybil attacks, and a dedicated settlement layer optimized for proof verification. This setup supports real-time proving capabilities, which are crucial for applications like rollups, bridges, and cross-chain communication. Succinct's technology powers verifiable computations on platforms such as Ethereum, Bitcoin, and beyond, aiming to create a unified infrastructure where proofs secure interactions between diverse web3 applications. Through partnerships and integrations, such as with rollups and financial protocols, Succinct advances the vision of a modular blockchain stack. It emphasizes privacy features like private proving within trusted execution environments, allowing sensitive data to remain encrypted during computation. Overall, Succinct contributes to dissolving liquidity silos and enabling synchronous operations across chains, positioning it as a foundational layer for the future of decentralized systems.
Critical soundness bug found in SP1 proof system by Ergodic, Class Lambda, Aligned Layer, 3mi Labs in 2025.
contract
ethereum
binance-smart-chain
Critical soundness bug discovered in SP1 proof system in 2025, identified by researchers from Ergodic Group, Class Lambda, Aligned Layer, and 3mi Labs.
Nominated for "Best In Privacy" award at The Rollup awards ceremony on 2025-12-30.
Primus Labs partners with Succinct to develop a Proof of Reserves platform for institutions, combining zkTLS and SP1 to enable CEXs, stablecoin issuers, and custodians to verify reserves with cryptographic certainty.
Bullet, a Solana-based trading network extension preparing for mainnet launch, integrates SP1 zkVM for ZK-proving execution with proofs verified on Solana L1.
Mantle deploys OP-Succinct as a ZK Validity Rollup upgrade alongside EigenDA to become an institutional-grade settlement layer for RWA, providing faster finality, safer markets, and better capital flow.
Celo launches Jello Hardfork with OP Succinct Lite on mainnet, becoming the first chain to deploy this technology with ZK fraud proofs and EigenDA integration.
Hyliquid executes deposits, orders, cancellations, and withdrawals off-chain with proofs generated inside SP1.
Taiko mainnet achieves 100% ZK proof coverage in live production using SP1 and RISC0, with every block now proven with zero-knowledge proofs starting this week.
$PROVE token shows breakout attempt with $0.5 marked as critical resistance for trend reversal.
SP1 Hypercube achieves 99.7% real-time Ethereum block verification rate with Nethermind Security-verified opcodes and EF funding. New partnerships with Celo and Mantle on ZK projects.
SP1 zkVM provides bridgeless cross-chain solution for Lighter zk-Rollup, allowing users to lock assets on Ethereum L1 while trading on L2 using ZK proofs; PROVE token listed on Lighter's testnet spot trading alongside ETH and ZK.
Succinct Labs joins the Coalition for Content Provenance and Authenticity (C2PA), bringing ZK verification technology to content authenticity standards.
Ethrex Rust execution client completes integration with Succinct Labs' zkVM technology, alongside integrations with RiscZero and ziskvm.
SP1 announces Hypercube, their next generation proving system featuring real-time proving, formal verification, and Ethereum scalability improvements at eth_proofs presentation.
Celo integrates Succinct SP1 into their Ethereum L2 migration, achieving Stage 1-level security without rewriting circuits. The integration improves finality and withdrawal times using an "optimistic + ZK" design.
SP1 Hypercube real-time proving now requires only 16 5090 GPUs, down from ~160 GPUs in February, representing a 10x efficiency improvement over 9 months.
SP1 Hypercube real-time proof system proves over 93% of Ethereum blocks in under 12 seconds.
A new survey outlines the design principles behind Jolt and fast-prover SNARKs, focusing on the sum-check protocol.
Katana L2 integrates Succinct's validity proofs for finality, reducing withdrawal times from a week to just a few hours according to DefiLlama research report.
New research collaboration with EspressoSys, EPFL, and NYU presents Tensorswitch, a polynomial commitment scheme that reduces proving cost and time while decreasing proof size.
The Prove API is on track to hit $1B in volume after just 3 months since full release.
Celo Sepolia testnet completes the Jello Hardfork and is now secured with zero-knowledge technology by OP Lite, with mainnet deployment planned next.
Arbitrum Stack adopts SP1 Hypercube, which completes formal verification of RISC-V constraints and delivers up to 5x faster proving speeds for compute-heavy workloads and 2x improvement for Arbitrum proving versus SP1 Turbo.
A research paper from Web3Foundation presents problematic findings for ZK proof systems, with the community awaiting Succinct Labs' response to the identified issues.
Conduit partners with Succinct Labs and Boundless to solve L2 withdrawal time issues, addressing 7-day lockup concerns for whales and trading firms.
Proof Aggregation Service (Hoodi testnet) demonstration with Ethrex L2 client shows complete workflow from L2 deployment to proof verification using SP1 zkVM and Aligned service to reduce verification costs on Ethereum.
Succinct ranks as the 4th top weekly gainer with +33.82% price increase.
Token airdrop launches with over 1 million $PROVE prize pool, registration closes Oct 24, 8 AM UTC, and claims begin Oct 24, 12 AM UTC.
SSV Network announces Compose, their new ZK interoperability layer built on OP Succinct.
The ZK verification system SP1 completes successful verification on Arbitrum blocks and achieves full compatibility with the existing Ethereum ecosystem, marking a milestone in the development two months after the partnership announcement.
Partnership with Polymer brings native crosschain smart contract interoperability using Prove API.
Succinct Labs builds a plug-and-play API that integrates with wallets and issuers for decentralized identity verification using zero-knowledge proofs, positioning the technology for potential use in modernized KYC/AML compliance frameworks.
Ethereum co-founder Vitalik Buterin publicly recognizes Succinct Labs as a leading specialized ZK technology provider and discusses current ZK tech proving costs at around $0.0001 per transaction, advocating for L2s to adopt off-the-shelf ZK solutions.
New partnership with Arbitrum to integrate ZK technology into the Arbitrum network.
$PROVE is one of few projects trading above its price before the October 10th market crash.
Platform adoption reaches 35+ projects with $4B+ secured on-chain, expanding into perpetuals via Lighter integration and compute via Cysic integration.
OKX exchange lists $PROVE token with PROVE/USDT spot trading starting October 17 at 11:00 AM UTC.
Mainnet experiments demonstrate trustless BTC-backed lending on Ethereum using Succinct Labs' ZK-VM Ethereum light client in collaboration with Babylon Labs and Morpho Labs.
Competitor Brevis claims their Pico Prism outperforms SP1 Hypercube with better proof coverage (99.6% vs 40.9%), faster processing (6.04s vs 10.3s), and half the GPU cost ($128k vs $256k).
November 22 demo scheduled at Devconnect Argentina to showcase zkEVM proofs on home validator. Year-end target set for proving every L1 EVM block on 16-GPU cluster drawing less than 10kW total.
Upbit delists privacy coins XMR and ZEC over compliance issues while $PROVE positions as compliant ZK infrastructure token for Korean markets.
Mantle switches from Optimistic to ZK rollup using Succinct Labs technology, becoming the largest ZK rollup with 1-hour finality and 12-hour withdrawals.
Announces collaboration with openmind_agi to scale the robot economy and make autonomous robots smarter.
Competitive security audit ends October 15th with $112,500 prize pool for vulnerability findings.
Private Proving feature launches, combining SP1 zkVM and TEEs to enable privacy at scale.
Token price increases to 17% above pre-10/10 crash levels, improving from the previously reported 12% gain, and now ranks among 38 assets that recovered to higher prices.
OP Succinct secures $5 billion in Total Value Locked (TVL).
Price performance shows 12% increase from pre-crash levels, making it one of four assets (out of 429 on Binance) in positive territory.
Mantle's implementation reduces withdrawal times from seven days to six hours by replacing fraud proofs with validity proofs using the SP1 zkVM and decentralized prover network.
Two perpetual DEXs, Lighter and Hibachi, are using ZK proofs with Lighter hinting at $PROVE airdrops and Hibachi offering points to stakers. Compute network Cysic also runs provers on the platform and rewards stakers, expanding utility beyond just DEX applications.
MNT token rises 30% to $1.7 following ZK upgrade implementation, while institutional exchange Bybit integrates with Mantle platforms to enhance trading efficiency.
Mantle becomes the largest ZK rollup due to Succinct's technology, with Succinct now securing $2B of Mantle's TVL within its $4B total secured TVL.
Mantle becomes the first OP Stack L2 to implement ZK technology using SuccinctLabs' solution powered by EigenDA.
Partnership with ethrex_client and RiscZero enables proving of every Ethereum block, though 5-10x performance improvements are still needed.
ZK Arcade launches first game demo 'Beast' using SP1 zkVM for local proving, demonstrating practical gaming adoption of the technology.
$PROVE token officially lists on Bybit Spot exchange with 500,000 PROVE prize pool for traders.
Collaboration with LayerZero Core on vApps development, utilizing SP1 proofs and LZ messaging for chain-agnostic applications.
Block proving time reduces from 40 to 10 minutes, representing 4x performance improvement, with additional 2x speed increase targeted through zk RISC-V VM integrations.
Trading incentive program launches with $20,000 PROVE prize pool split across new users, deposits, spot trading, and referrals.
New HTX Earn program launches with 50% APY for PROVE token deposits.
One-year exclusive partnership signed with Tandem (OffchainLabs' venture arm) for ZK proving integration with Arbitrum ecosystem.
Integration with OP Stack doubles total rollup coverage to $46B TVL, with zero token unlocks scheduled for next 12 months.
Upcoming ecosystem map launch and Blockworks deep dive scheduled for next week, featuring collaboration with multiple L2 partners.
Network achieves significant early traction with 94,000 proof requests and $130,000 in fees generated within first 22 days, maintaining average proof cost of $1.45.
Prover Network launches on Dune Analytics, enabling public tracking of proving economy metrics.
Partnership scope expands to include upcoming Robinhood Chain and Converge networks, extending ZK proving capabilities beyond main Arbitrum chain.
New partnership with Arbitrum implements ZK proofs for fast settlement, combining optimistic fraud proofs and TEE attestations in a layered proof system.
Announces exclusive 1-year partnership with Arbitrum to integrate ZK proofs across their rollup stack, gaining access to $19B TVL ecosystem and expanding to multiple L2 chains including Robinhood and Converge.
PROVE token lists on HTX exchange with deposits now open.
New RWA L2 whitepaper launching in partnership with alignedlayer and PolFinance, featuring integration with multiple ZK solutions including SuccinctLabs and achieving 6/10 successful SP1 execution rate on mainnet blocks.
Upcoming feature allows cross-chain collateral usage of Morpho vaults for perp trading while maintaining yield.
New partnership formed with Mode Network and Giza Tech to develop verifiable trading agents amid increasing market demand.
Achieves second-largest ZK proof provider ranking by total value secured on L2beat.
New staking incentives launch with Cysic (~5M stake) and Hibachi exchange, expanding proof network with additional community prover rewards.
No token unlocks scheduled for next 12 months, providing price stability mechanism.
New exchange listing launches for PROVE token alongside ONDO, HBAR, LTC, CFX, and VINE.
Founder Uma introduces "Uma's Law": ZK prove speeds projected to increase 10x annually through technology stack optimization, setting ambitious scaling trajectory for ZK technology.
New tokenomics reveals 10x proof fee collateral requirement for validators, with 6% allocation for community sale/airdrop and 7% first-year inflation rate tapering to 3% by year 8.
Secured $55M in funding led by Paradigm with integration support from protocols managing $4B+ TVL.
New dual rewards program launches with Cysic for stakers, expanding staking benefits.
New limit order feature launches, allowing automated trading at preset prices.
Coinbase Prime adds institutional custody support for $PROVE token.
30 million tokens (3% of 5% allocation) remain unclaimed in airdrop contract, with plans to reallocate unclaimed tokens to stakers.
6.6M tokens staked (3.4% of float) with 1M daily staking rate; APYs range 35-56% across major validators.
ETH block proofs now generate in 12 seconds through technical collaboration with RiscZero
First day metrics show 2M PROVE staked and $3.8M annualized revenue; 35+ private customers transitioning to public network in coming weeks.
PROVE token launches with $237M market cap and $1.2B fully diluted valuation.
PROVE perpetual futures now trading on Reya with 3x leverage and zero fees until August 7.
PROVE perpetual futures now available for trading on additional venue
Token lists on Upbit, major South Korean exchange, driving significant price action.
New Bithumb exchange listing expands access to Korean market and trading liquidity.
Post-airdrop price recovers from $0.59 to $1 as traders rotate capital from $MBG, indicating strong market demand.
Mainnet successfully launches, marking significant technical milestone.
Perpetual markets now live on Coinbase International and Advanced with full trading functionality including limit, market, and stop orders.
PROVE token listing on Coinbase confirmed for today with Experimental label.
Binance Alpha airdrop offers 100 PROVE tokens per eligible user with two-phase distribution: Phase 1 requires 241 Alpha Points (first 18 hours), Phase 2 requires 200 Points (last 6 hours), consuming 15 points per claim within 24-hour window.