What is the current price of ssv.network?
The current price of ssv.network is $2.88 with a 3.02% change in the last 24 hours.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
ssv.network is infrastructure that lets a single Ethereum validator be run by several independent operators at once instead of by one machine. It does this with Distributed Validator Technology (DVT), also called Secret Shared Validator technology, which splits a validator's signing key into shares so no operator ever holds the whole key and no single operator failure takes the validator offline.
SSV is the network's token. It pays operators for running validator duties, funds the protocol treasury, and carries governance rights in the SSV DAO. It is not a liquid staking token and not a claim on staked ETH; it is the payment and coordination asset for the layer beneath staking providers.
Official sources:
The lineage runs through Blox. The team originally launched CoinDash, which held a CDT token sale in 2017 that was disrupted when an attacker swapped the published sale address, redirecting tens of thousands of ETH; participants received their CDT and a large portion of the funds was later returned. The company rebranded to Blox.io in 2018 and pivoted to Blox Staking, a non-custodial Ethereum staking tool.
In February 2021 Blox co-founder Alon Muroch was part of a team awarded an Ethereum Foundation grant to build a distributed validator protocol, which became ssv.network. Governance moved to the SSV DAO, and CDT holders were offered a migration into SSV at a 1:100 ratio.
The permissionless mainnet launched on Ethereum in December 2023 after a staged rollout that began with verified operators. A scaling upgrade named Alan followed in late 2024, and in January 2025 the DAO announced the SSV 2.0 framework introducing Based Applications.
Key splitting A validator's BLS signing key is split into KeyShares using Shamir's secret sharing, and the shares are encrypted to the chosen operators. The full key can be generated, split, and then stored offline or discarded, so operators never reconstruct it.
Operators and clusters Operators are independent node runners registered permissionlessly on-chain. A staker selects a group of them, commonly four, to form a cluster running one or more validators. Each operator picks its own hardware and sets its own fee.
Consensus among operators The operators in a cluster agree on each duty using an Istanbul BFT-family protocol (QBFT) before signing. A standard four-operator cluster tolerates one faulty or offline node and still produces valid attestations and blocks.
Threshold signing Partial signatures from honest operators are combined into a single valid BLS signature. The beacon chain sees an ordinary validator and has no knowledge that several parties produced the signature.
SSV pays operator fees, which each operator sets independently, and the network fee that accrues to the DAO treasury. It funds cluster balances, since a cluster whose balance runs out becomes liquidatable and requires collateral to stay solvent; those parameters are governed and can change, so check current docs. It also carries governance weight in the SSV DAO over parameters, treasury use, and framework upgrades, and takes on additional staking roles under the SSV 2.0 tokenomics work.
The token contract on Ethereum is 0x9d65ff81a3c488d585bbfb0bfe3c7707c7917f54.
Ethereum staking has a hidden centralization problem: even a decentralized-looking pool usually runs each validator on one operator's infrastructure. DVT breaks that. A validator can be spread across operators in different jurisdictions, on different clients, and on different hardware, so correlated failure becomes far less likely and no single party can hold the key hostage.
SSV 2.0 extends the idea with Based Applications, which let other services draw security directly from Ethereum validators rather than from a separate staking token. The stated rationale is that this keeps applications Ethereum-aligned and avoids the cascading exposure that token-based restaking models can create.
SSV is not a Layer 1 and not a liquid staking protocol, which is the usual source of confusion. Lido and Rocket Pool issue liquid staking tokens and manage staker capital; SSV sits underneath and can be used by such providers to run validators more safely. EigenLayer reuses staked ETH to secure additional services through restaking with its own token and slashing conditions, while SSV's based-application model aims at a similar goal by sourcing security from validators directly. Obol is the closest direct comparison as the other prominent DVT implementation, differing in network design, marketplace mechanics, and token role.
Security comes from threshold cryptography, operator diversity, and Ethereum itself. Because the full validator key is never assembled on any single node, compromising one operator yields no signing power. Slashing protection is enforced inside cluster consensus so operators do not sign conflicting messages. The registry and fee logic live in Ethereum smart contracts, so their correctness is part of the security surface, as is the quality of the operator set a staker chooses.
Ethereum's credibility rests on validator decentralization, and staking has trended toward a small number of professional operators. DVT is one of the few technical answers that does not require users to change their economic behavior, and ssv.network is the largest live deployment of that idea. That makes it structurally important to Ethereum regardless of how the token performs.
SSV is listed on major centralized exchanges and trades on Ethereum decentralized exchanges. Availability and pairs vary by jurisdiction, and the token is native to Ethereum, so confirm the deposit network before transferring.
SSV is commonly available on:
Typical pairs include SSV/USDT and SSV/ETH where supported.
SSV can be held on an exchange (custodial), in any Ethereum self-custody wallet with the token added by contract address, or on a hardware wallet paired with an EVM interface. If you plan to fund a validator cluster, you will need SSV in a wallet you can connect to the official web application rather than on an exchange.
Compare SSV with related staking ecosystems on Coinrithm:
Track ssv.network live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for ssv.network on CoinRithm before using real money.
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Read the complete paper trading guideThe current price of ssv.network is $2.88 with a 3.02% change in the last 24 hours.
The daily trading volume is $493,958 representing a 22.02% change in the past 24 hours.
The market capitalization of ssv.network is $42,306,310, ranking #358 globally.
The fully diluted valuation (FDV) of ssv.network is $42,306,310, calculated assuming the total supply of 14,699,173 SSV is in circulation.
Circulating: 14,699,173. Total: 14,699,173. Max: N/A.
In the last 24 hours, ssv.network traded between a low of $2.86 and a high of $3.03.
SSV/USDTTether USDT2.88 USDT
SSV Network sunsets legacy cluster rewards, urging validators to adopt ETH-based fees. Unclaimed rewards available until Jan 2, 2027. (Read More)
Lido CSM and SSV VO create a streamlined path for Ethereum community node operators to gain credibility, build reputation, and grow. (Read More)
SSV Network proposes major protocol overhaul shifting to ETH-based fees, introducing cSSV staking token and effective balance accounting for post-Pectra validators. (Read More)
SSV Network has launched Compose Network, a validator-powered coordination layer that promises atomic, instant transactions across Ethereum rollups.
Sigma Prime's Anchor client, now live on Ethereum's mainnet, introduces client diversity to SSV Network's Distributed Validator Technology, enhancing security and performance for Ethereum staking. (Read More)
SSV Network launches Compose, a new solution aimed at uniting Ethereum rollups through validator-powered synchronous composability, enhancing network effects and user experience. (Read More)
