cryptoslate.com
Succinct’s $PROVE token reaches the end of its first 12-month vesting lock today, Aug. 5. Under the Foundation’s terms, 100 million investor and contributor tokens are scheduled to unlock, a sum equal to 51.3% of CryptoSlate’s estimate of 195 million circulating tokens.
The Succinct Foundation’s tokenomics terms set the $PROVE token’s supply at 1 billion tokens and assign 10.5% to investors and 29.5% to contributors. A quarter of each allocation unlocks after one year. In token terms, 26.25 million tokens belong to the investor tranche and 73.75 million to contributors.
One date, three totals. Beyond the official tranche, the public trackers tell different stories. CoinGecko’s Tokenomist-powered module displayed 208.33 million units of the $PROVE token on Aug. 5, counting 16.67 million for public allocation and incentives, 8.33 million for the foundation, and 83.33 million for ecosystem, research and development alongside the investor and contributor tokens.
Tokenomics.com arrived at 233.332 million $PROVE. Its recipient weights imply roughly 33.33 million for public investors and 16.67 million for the foundation, with the remaining components aligned with CoinGecko’s display at the published precision. Pairing the closest labels puts the roughly 25 million-token gap in the public and foundation buckets. The label mismatch leaves the cause unresolved, and the accessible official terms cover only the investor-and-contributor tranche.
Measured against CryptoSlate’s 195 million-token circulating figure, the tracker totals reach 106.8% and 119.7%. The comparison shows the scale of each estimate. Any change in reported float still depends on tokens moving.
The CryptoSlate $PROVE page showed the $PROVE token near $0.17, with a market cap of about $32.69 million and $3.76 million in 24-hour volume. Its markets section carried an Aug. 2, 18:14 UTC refresh label. At about 06:34 UTC on Aug. 5, CoinGecko listed roughly $102,821 of Binance $PROVE/USDT depth within 2% above the quoted price and $100,419 below it. Bybit showed about $68,422 above and $105,212 below. The numbers sketch two venues at one moment. Total market capacity and eventual price impact remain open questions.
By 06:41 UTC on Aug. 5, the Etherscan page for the official $PROVE contract showed its largest visible transfer at about 92,998 $PROVE, far below the scheduled 100 million-token tranche.
The window covers recent visible transfers. Split movements, earlier activity, internal or custodial credits, and contract-level vesting may sit elsewhere. Public labels left the largest wallets without named beneficial owners or allocation mappings. The calendar sets the date. Wallet flows and reported float will show how much reaches the market.