Succinct Airdrop Officially Launches: Earn PROVE by Completing Official Testnet Tasks

What Is the Succinct Airdrop?

The Succinct Airdrop is an official community incentive program initiated by Succinct Labs. Succinct Labs aims to encourage developers and enthusiasts to engage with its decentralized proving network (Prover Network) and zkVM SP1. The airdrop has a limited allocation—only users who complete specific tasks during the testnet phase will be eligible to receive PROVE tokens as rewards.

Event Timeline and Participant Quotas

• Testnet Level 1 (Stage 1): Launched in May 2025, with a first-phase limit of 10,000 participants. Participation is limited and determined by the order of registration.
• Testnet Level 2.5 (Stage 2.5): Starting June 2025, an additional 10,000 slots will be made available to bring more users into the network scaling test.
• Total allocation: 20,000 participants. Once these slots are filled, new phases may open based on official updates.

How to Participate in the Official Airdrop

1. Visit the official website: Go to succinct.xyz, click “Start Building” or “Earn Rewards,” and connect your Ethereum-compatible wallet (like MetaMask).
2. Link your social accounts: Connect your Twitter (X) and Discord accounts for identity verification and to receive notifications.
3. Get your invitation code: Retrieve a testnet invitation code (activation code) from the official Discord or the SuccinctLabs Twitter (X) channel. Note: Each phase has a limited number of slots, which are available on a first-come, first-served basis.
4. Deposit staking funds: For certain stages (e.g., Stage 2.5), you’ll need to deposit 10 USDC into the testnet smart contract to qualify for the event.

Testnet “Earn Stars” Game Rules

• Earn Stars: Complete assigned tasks—such as running mini-apps, submitting ZK proof simulation requests, and more—to earn “Stars.”
• Leaderboard: Rankings are based on the total Stars collected. The top N users will receive PROVE airdrop rewards in different tiers.
• Point conversion: Generally, 1,000 Stars is approximately equal to 100 PROVE. Refer to the official task page for each phase for precise details.
• Multi-faceted tasks: Tasks include submitting test transactions, interacting with the SP1 zkVM interface, participating in community Q&As, and others. Participants earn more Stars by completing additional tasks.

Reward Distribution and Vesting

• Total airdrop pool: For each phase, PROVE tokens from the respective phase's pool will be distributed equally among eligible participants.
• Distribution schedule: Succinct Labs will airdrop rewards to the linked wallet within one week after the testnet concludes. Tokens will unlock on mainnet and will become freely tradable thereafter.
• Vesting rules: 50% of tokens unlock upon initial distribution, with the remaining 50% released in two equal installments, one month apart.

Latest Price and Market Data

As of August 6, 2025, the current PROVE spot price and market data are as follows:

• Current price: $1.25 USD/PROVE
• 24H trading volume: $995,609,550 USD
• Circulating market cap: $243,607,579 USD
• Circulating supply: 195,000,000 PROVE
• Maximum supply: 1,000,000,000 PROVE.