{
  "url": "https://blockindex.ai/coin/prove",
  "name": "Succinct",
  "links": {
    "github": null,
    "website": "https://www.succinct.xyz/",
    "whitepaper": "https://pdf.succinct.xyz/"
  },
  "dScore": 22,
  "market": {
    "priceUsd": 0.21215324460858748,
    "marketCapUsd": 41369882.69867456,
    "volume24hUsd": 15071984.28405166,
    "priceChange7dPct": 12.62541234,
    "priceChange24hPct": 0.42476468
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 1000000000,
    "circulating": 195000000,
    "circulatingPct": 19.5
  },
  "ticker": "PROVE",
  "founder": "N/A",
  "vcFunded": true,
  "updatedAt": "2026-06-19T06:00:33.915518+00:00",
  "fairLaunch": false,
  "launchYear": 2022,
  "description": "Succinct (PROVE) is presented in the supplied materials as a tokenized incentive and settlement instrument for a verifiable-computation prover network and zkVM-focused infrastructure. The available documentation emphasizes on-chain and market-facing identifiers — contract address, supply metrics, holder counts and price history — rather than an exhaustive technical specification or ledger-level history. From the scraped and combined sources we know Succinct positions itself as a general-purpose zkVM/prover solution that issues PROVE as the native token for economic security of provers and for payments within the ecosystem. That positioning is reinforced by references to a Succinct whitepaper and an official website that outline a mission to make cryptographic verifiability widely available for rollups, light clients and other scaling primitives.\n\nTechnically, the project is described as a token living on Ethereum (ERC-20 contract referenced across CoinMarketCap and Coinbase snapshots) and is often discussed in contexts such as rollup integration, bridge and light-client use-cases. The material provided does not include code-level repositories or a full protocol specification within the scraped snippets, though it does reference developer and infrastructure partners — for example Alchemy for RPC services and Chainlink as a relevant oracle provider. The documentation that is present centers on tokenomics metrics (max supply, circulating supply, holders) and external integrations rather than on-chain block-level attributes such as block timing or throughput, because PROVE is a token rather than an independent layer-1 ledger in the provided sources.\n\nFrom a tokenomics and market perspective, the data is clear about a fixed maximum supply and current circulation: a 1,000,000,000 PROVE cap with approximately 195,000,000 PROVE circulating (19.5%). Market snapshots included in the combined sources provide a live-price snapshot ($0.3710), market capitalization (~$72.35M), and 24-hour volume ($9.58M). Price extremes are also documented: an all-time high of $1.73 on 2025-08-12 and an all-time low of $0.3411 on 2025-12-18. Much of the source emphasis is on verifiable market metrics rather than on detailed issuance schedules or tranche allocations; premine and PIP allocations are not explicitly documented in the supplied files and are therefore not asserted here beyond the data-driven supply figures.\n\nGovernance and organizational disclosures are limited in the available dataset. The combined sources indicate that Succinct was founded in 2022 in San Francisco and that it has institutional backing (Paradigm is mentioned), but they do not surface a formal corporate entity name, a named CEO, or an on-chain DAO constitution in the scraped snippets. Where investor backing is noted it strengthens the inference of VC involvement, and the DScore extraction notes VC backing explicitly. However, the concrete governance mechanics (on-chain proposal/voting rules, treasury control, or a public DAO treasury contract) are not present in the provided materials; the project’s governance model and voting mechanism are therefore recorded as not documented in the source excerpts.\n\nEcosystem and infrastructure signals are stronger: the token is tracked on major market aggregators (CoinMarketCap, CoinGecko) and is present on Tier-1 exchanges per the verified wallet/exchange extract (Coinbase and Binance). Wallet support is modest in the verified dataset (a browser extension wallet, Nami, flagged with confidence). Block explorers, DEX Mode links and developer docs are referenced, and infrastructure partners such as Alchemy and Chainlink appear in the scraped context. In short, the consolidated sources portray Succinct as a market-visible, VC-backed token associated with a zkVM/prover narrative and an ecosystem-first integration playbook, while many deep protocol and governance details required for comprehensive decentralization scoring remain absent from the supplied excerpts.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 11,
    "governance": 11,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}