PROVE
Succinct
$0.87974964AUD
0.000005475443 BTC
Market Cap
167.0M AUD
24H Trade Vol.
35.4M AUD
Total Supply
195.0M
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AUD
0.00000000 PROVE
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Buy Succinct (PROVE)

What is Succinct (PROVE)?

Succinct (PROVE) is a decentralised zero-knowledge infrastructure protocol that makes it easier for developers to create and verify zero-knowledge proofs (ZKPs) across blockchain and off-chain environments. Its core technology, SP1, is a general-purpose zero-knowledge virtual machine (zkVM) that allows developers to generate proofs for any computation written in standard programming languages like Rust.

The PROVE token powers the Succinct Prover Network, incentivising participants to efficiently generate ZK proofs while supporting staking, governance, and a decentralised proof marketplace. By simplifying access to advanced cryptography, Succinct brings scalability, privacy, and trustless verification to blockchain applications and real-world computation.

How does Succinct (PROVE) work?

Succinct operates on Ethereum and other compatible networks, using smart contracts to coordinate proof generation, staking, and governance. Developers submit proof requests that are executed by independent provers running the SP1 zkVM, which generates proofs verifying the correctness of computations without revealing underlying data.

A unique proof contest mechanism allows provers to compete for tasks, ensuring fast and cost-efficient proof generation. Rewards are distributed in PROVE tokens based on accuracy and performance. The protocol leverages Ethereum’s Proof-of-Stake (PoS) consensus for security, while the token enables:

  • Staking — securing the network and allocating proving resources.
  • Incentives — rewarding provers for valid proof generation.
  • Governance — allowing holders to propose and vote on upgrades.

What are the potential use cases for Succinct (PROVE)?

Succinct provides scalable and verifiable computation for a wide range of applications, including:

  • Blockchain rollups and bridges — verifying transactions and state transitions efficiently.
  • AI and data privacy — enabling trustless AI inference and confidential data processing.
  • DeFi infrastructure — powering verifiable oracles and on-chain analytics.
  • Cross-chain interoperability — supporting lightweight proof verification across ecosystems.
  • Enterprise and compliance — providing verifiable audit trails for off-chain computation.