SSV Network

SSV Network is a decentralized Ethereum validator infrastructure protocol designed to make running an Ethereum staking validator more resilient and accessible. It addresses the problem of single points of failure in validator operations by distributing the responsibility for running a validator across multiple independent node operators. Its intended users range from individual stakers building their own setup to large institutional staking services and staking pools.

SSV Network uses a technology called Distributed Validator Technology, which splits a validator's private key into shares that are held by separate operators, so no single operator ever controls the full key. These operators coordinate to perform validator duties on Ethereum's consensus layer, and the system is designed so that validators remain live and secure even if some operators go offline. The SSV token is used within the network to pay operators for their services and to participate in the protocol's governance.

Fees are paid by stakers and staking services that use the SSV Network to have their validators operated. Over the trailing 30 days the protocol collected 310,335 USD in fees, and annualizing that 30-day figure produces an estimated 3,775,742.50 USD in annual fees. The protocol retains nearly all of that as revenue, with a take rate of approximately 98.19% over the trailing 30 days, leaving supply-side participants — the node operators — with 5,608 USD over that same period. Trailing 12-month revenue stands at 2,462,051.10 USD, while fees over the same period totaled 2,495,054 USD.