SSV Network Logo

SSV Network SSV

SSV Network header image

1. Summary

Ranks

Liquidity
98
Developer
80
Social
81
Momentum (beta)
10
Stack Rankā„¢
46
Price
$17.61 -4.7%
Market Cap
$124.89M (#393)
Supply
7.09M / 11.58M
Price
52W High price $63.42
52W High date 26th Mar 2024 (7 months ago)
All Time High (ATH) Date 25th Mar 2024 (7 months ago)
ATH Price $65.82
% From ATH -71.13%
All Time Low (ATL) Date 18th Jun 2022 (2 years ago)
ATL Price $3.67
% From ATL 417.59%
Supply & Trading Volume
Trading Volume (24h) $56.65M
Total Supply 11.58M
Circulating Supply 7.09M
Description

Overview

Overview

SSV Network is a decentralized staking infrastructure that operates on the Ethereum blockchain. It is designed to increase decentralization, security, and liveness across the Ethereum consensus layer. The platform allows anyone to run an Ethereum validator in a trust-minimized environment, distributing validator duties to various node operators. This setup ensures high resilience, uptime, and fault tolerance, making it suitable for both DIY users and large institutional staking services.

Functionality

The SSV Network uses Distributed Validator Technology (DVT) to distribute validator operations across multiple independent operators. This setup is based on a QBFT consensus protocol and threshold signatures, which provide a secure and robust platform for staking operations. The DVT enables the creation of a validator without requiring specialized hardware or coordination, offering a simple and open staking environment.

Key Features

  • Decentralized Security: Validator keys are split and distributed across multiple nodes, ensuring that no single operator has full control. This setup allows for the network to maintain operations even if some nodes go offline.
  • Fault Tolerance: Validators are supported by multiple nodes, ensuring that the loss of a single node does not disrupt validator operations.
  • Non-Custodial: Stakers retain full control of their validator keys and withdrawal addresses, reducing exposure to trust-based risks.
  • Decentralized Governance: The network is governed by a DAO, which ensures a high level of decentralization and control over the network through voting mechanisms.

Benefits

  • Scalable and Secure Staking: The SSV Network offers a secure and scalable infrastructure for staking operations, optimized for distributed validator technology.
  • Open and Permissionless: The platform is open-source and requires no special permissions or trust-based arrangements to operate validators.
  • Increased Resilience: By utilizing distributed validator technology, the network can maintain its staking operations even in the face of partial node failures.

Applications

The decentralized staking infrastructure of SSV Network is designed to support a wide range of applications, including staking services, decentralized finance (DeFi) protocols, and various other use cases that require robust and secure staking operations.

2. Price

SSV

2.1. Market Performance

How does SSV Network's (SSV) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-34.8%

SSV

-19.4%

Similar Market Cap

60 Day Return

-51.0%

SSV

-26.1%

Similar Market Cap

1 Year Return

33.6%

SSV

514.4%

Similar Market Cap

3. Developer Activity

We're monitoring 33 SSV Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All SSV Network Repos)

Commits vs. The Market

  • Past 4 weeks: 64 commits vs. an average of 1
  • Past 12 weeks: 116 commits vs. an average of 8
  • Past year: 221 commits vs. an average of 113

Most Active Repos

Past week 67
Past 12 weeks 233
Past year 1018
Past week 0
Past 12 weeks 0
Past year 610
Past week 11
Past 12 weeks 88
Past year 313
Past week 16
Past 12 weeks 34
Past year 181
Past week 20
Past 12 weeks 40
Past year 171
Past week 0
Past 12 weeks 2
Past year 166

Top Developers 2024

In total, 154 developers have contributed to SSV Network over the past year. Who are the most active SSV Network developers, by commits, over the past year?

Related Projects

Developers working on SSV Network also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 19,914
Active Discord Users 990
Telegram Users
Twitter followers 97,629
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://ssv.network/
Explorer https://etherscan.io/token/0x9D65fF81a3c488d585bBf...
Twitter @blox_staking

What is the correct contract address for SSV Network?

Ethereum 0x9d65ff81a3c488d585bbfb0bfe3c7707c7917f54

Has SSV Network been audited for security?

No security audits found for this project.

Are you the owner of SSV Network? Edit it here

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