The adoption of SP1 from Succinct boosts the network’s scalability and innovation, letting developers experience an interconnected Ethereum.
Mantle Network has partnered with Succinct to transition its architecture to a zero-knowledge (ZK) validity rollup.
The transition will be achieved through Succinct’s SP1, a ZK Virtual Machine (zkVM) that provides affordable and reliable proof generation infrastructure for rollups, bridges, coprocessors and other applications using ZKPs.
With the testnet launch in Q1 2025 with intention towards mainnet upgrade, Mantle Network will transform from optimistic rollup model to a ZK validity rollup through Succinct’s SP1. This architectural change drastically reduces chain finality from seven days to one hour – enabling fast institutional-grade asset settlements that support and address capital efficiency opportunities throughout traditional finance and the blockchain industry.
The faster performance allows Mantle-based assets such as mETH, cmETH, and FBTC to proliferate across the wider decentralised finance (DeFi) domain. This enables better swap market spreads, lower slippage, deeper money markets, improved interest rates, and broader asset availability. The strategic integration of Succinct’s SP1 includes fast finality, EVM equivalence, cost efficiency, and multi-chain interoperability.
While StabIR’s current offerings of EURR and USDR operate on the Ethereum and Solana networks, the company plans to expand its operations beyond these chains, integrating with additional blockchains to drive enhanced accessibility and interoperability.
Joshua Cheong, Product Lead at Mantle said: “The introduction of programmable blockchains along with stablecoins heralds the next natural step in disruption of financial services – being even more operationally efficient and resilient. The integration of Succinct’s SP1 marks a defining chapter in Mantle Network’s strategic blockchain journey to support banking for the next generation. By uniting zero-knowledge proofs with the proven versatility of the OP Stack, we’re not just evolving as a Layer-2 solution — we’re setting a new benchmark for institutional-grade Ethereum scalability that enables highly efficient and unparalleled security for high-value transactions at the cost of a few cents with 24/7 settlements.”
Uma Roy, CEO and Co-Founder at Succinct added: “Succinct’s SP1 empowers any developer to make ZK applications by just writing Rust, accelerating the adoption of ZK and verifiable computation. With OP Succinct, we can propel any OP Stack rollup into the future by providing fast finality with no downsides. By merging SP1’s blazing fast performance with Mantle’s progressive vision, we’re enabling developers to reimagine decentralized applications with unprecedented speed, efficiency, and reliability. Together, we’re building the foundation for Ethereum’s interconnected and scalable future.”
