KEY TAKEAWAYS
- KuCoin lists Succinct (PROVE) on its Spot trading platform, with trading starting on August 5, 2025.
- The Succinct Prover Network offers a decentralized marketplace for zero-knowledge proof generation, enhancing blockchain and AI applications.
- Succinct’s zkVM, SP1, transforms standard code into ZK proofs, promoting decentralized proving networks.
KuCoin has announced the listing of Succinct (PROVE) on its Spot trading platform. The listing schedule includes deposits, trading, and withdrawals, with deposits available immediately via the Ethereum (ERC20) network.
The call auction for PROVE is set to occur from 16:00 to 17:00 UTC on August 5, 2025, with trading commencing at 17:00 UTC the same day. Withdrawals will be available starting at 10:00 UTC on August 6, 2025. The trading pair for this listing is PROVE/USDT.
KuCoin will also enable Trading Bots for the PROVE/USDT pair once spot trading begins. The available services include Spot Grid, Infinity Grid, DCA, Smart Rebalance, Spot Martingale, Spot Grid AI Plus, and AI Spot Trend.
Understanding the Succinct Prover Network
The Succinct Prover Network is a decentralized marketplace designed for zero-knowledge (ZK) proof generation. It supports a variety of use cases, ranging from blockchain applications to artificial intelligence. The network connects proof requesters with independent provers who earn fees for generating proofs.
At the core of the network is SP1, a zkVM that compiles standard Rust or C++ code into ZK proofs, a concept Succinct refers to as “ZK 2.0.” This development signifies a shift towards decentralized proving networks, allowing anyone to contribute computing power, similar to mining or staking. Succinct aims to make proof generation seamless and accessible, transforming ZK from a specialized task into a universal service for verifiable computation.
For more details on the listing and the call auction, KuCoin users can visit the official announcement here.
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