cryptopromisespromises, checked
Dashboard

SSV Network

SSV#528 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

SSV Network is for liquid staking. We have not written its record yet, so its promises are not checked. It trades at $2.79, #520 of all coins by size, 96% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #5 of 16 restaking coins. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersCoinbase Ventures
2 yearson the marketsince 24 March 2024
ExpandCollapse

3 of 4

  • A real-world jobReal-world purpose: liquid staking
  • Real backingBacking: backed by Coinbase Ventures; trades on Kraken, Binance, OKX
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $41.07M, 14 times smaller than Ether.fi, the biggest coin within reach doing the same thing (Restaking)

Backed by Coinbase Ventures

  • Origin24 March 2024about about 2 yearsssv.network, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingCoinbase VenturesInvestor tags from CoinGeckoListed on Kraken, Binance, OKX, Bybit
  • Standing on the recordNo recordNo dated promise to judge yet1 headline last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Restaking ($13.85M). To match the leader, Ether.fi ($589.19M), its price would need to rise 1334%, to about $40.02.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Only 1 headline named it last month

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

ExpandCollapse

Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#5of 16 restaking coinsthe typical one is worth $13.85M
$41.07Mworth todayprice × coins out
$13.85Mthe typical rival is worthRestaking
$589.19Mthe leader is worthEther.fi
ExpandCollapse

Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Liquid staking

36 coins tagged Liquid Staking, worth $1.49B together. #8 of 36 by worth.

Restaking: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • SSV Network$41.07Mthis coin−3.5%no maxno record
  • Ether.fi$589.19M14.3× bigger, +$548.11M−4.9%, gap −1.497% outno record
  • Pendle$407.83M9.9× bigger, +$366.76M+6.1%, gap +9.6no maxnone dated
  • EigenCloud (prev. EigenLayer)$184.19M4.5× bigger, +$143.12M−1.8%, gap +1.7no maxno record
  • AltLayer$46.4M1.1× bigger, +$5.32M−2.6%, gap +0.971% outno record
  • Renzo$34.41M1.2× smaller, −$6.67M−21.0%, gap −17.590% outno record
  • Kelp Gain$15.95M2.6× smaller, −$25.12Mno maxno record
  • Solayer$14.32M2.9× smaller, −$26.75M−1.9%, gap +1.621% outno record
Same job, different how

Restaking: this coin next to Ether.fi, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

SSV Network says
SSV promotes decentralization, security, and liveness across the Ethereum consensus layer and forms the foundation of SSV.network – a fully decentralized and robust ETH staking network.
Ether.fi says
ether.fi is a modern crypto neobank that replaces the traditional consumer bank.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

SSV promotes decentralization, security, and liveness across the Ethereum consensus layer and forms the foundation of SSV.network – a fully decentralized and robust ETH staking network.

Problem it says it solves: liquid staking. 36 coins are working on it and together they are worth $1,485,804,804. This coin is 3% of that.

Where it trades: Kraken, Binance, OKX, Bybit, KuCoin

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

ExpandCollapse
Why is it this small?

Restaking: this coin next to the group's largest, Ether.fi.

SSV NetworkEther.fi
Years trading2 years2 years
Major exchanges58
Named backers10
Headlines, last month132
Promises deliveredno recordno record

What it says is different: SSV promotes decentralization, security, and liveness across the Ethereum consensus layer and forms the foundation of SSV.network – a fully decentralized and robust ETH staking network.

It is 7.0% the size of Ether.fi. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$2.79price of one−3.5% today
96%below its highest ever$66 on 24 March 2024
100%of the supply is out14.7M coins
ExpandCollapse

The last 7 days

7 days ago: $2.93now: $2.79 (−3.6%)

Where today sits against its highest ever price

$2.79

Highest ever: $65.82 on 24 March 2024. Today is 4% of that.

100%

of all SSV that will ever exist is already out in public hands: 14.7M coins.

Nothing is held back. Every coin is already out.

out held back. Each dot is 1%.

Runs a staking service

The project stakes other people's coins. What its own coin gets you is whatever its pages say, usually a vote and a share of fees.

  • Nothing the project's own pages spell out.
$2.79price of one
×
14.7Mcoins out
=
$41.07Mworth today, #520 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 14.7Min circulation of 14.7M total. No hard maximum is set, so more can be created.
  • 4%of its all-time high of $65.82 on 24 March 2024. That is −95.8% from the top.
  • #520by market cap, $41,072,646.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $13.26B is locked in it right now

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

1headlines, last monththat name this coin
0about governmentregulation, courts, central banks
ExpandCollapse

Headlines per day, last 30 days

1 headline named this coin in the last month.

What they were about

    In the news

    Headlines are the publishers' own. News is never placed next to price.

    The record itself

    Qualifies for a record and its pages are captured daily, but the record has not been written yet.

    Pages saveddailycaptured every night
    Promisesnone yetno record drafted
    ExpandCollapse

    Six facts, the project's own replies, its peers, contract facts, references and every stored copy