Succinct

Overview

Succinct's decentralized prover network SP1 is an open source zkVM that can be used in a variety of use cases, including rollups, bridges and coprocessors. SP1 works by verifying the execution of Rust programs using STARKs that are converted to SNARKs and verified on Ethereum. The Succinct Dune query can be found here.

Query Structure

The query filters traces sent to the Succinct SP1VerifierGateway contract that invoke verifyProof.

Calculations

• The proof volume is the number of invocations of verifyProof

• The cost is calculated using the following formula:

  • $\text{cost} = \sum_{\text{traces}} \left( \text{gas\_used} \times \text{gas\_price} \times \text{eth\_price} \right)$

  • Where:

    • $\text{gas\_used}$ is the amount of gas consumed by a trace in one of the verifiers

    • $\text{gas\_price}$ is the price of gas on the day of the transaction

    • $\text{eth\_price}$ is the average price of ETH in USD on the day of the transaction