$ETH is by far the most battle tested chain with $62B TVL locked and security trusted by the likes of even @BlackRock
Yet Ethereum still struggles with fragmentation across L2s and validator centralisation
@ssv_network 2.0 's based apps has the answer
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1/8
Fragmentation is holding $ETH 's potential back.
The issue of fragmentation continues to be perpetuated by VCs and projects promoting siloed dev ecosystems across multiple centralised low security L2s with over 62 L2s currently and $40B in TVL spread across all of them.
2/8
Over $100B+ of $ETH is staked yet most of staking is still dominated by huge players like @LidoFinance with new PoS systems struggle to bootstrap secure validator sets, facing centralisation risks and high costs.
3/8
The Solution: SSV 2.0 & Based Applications (bApps)
SSV 2.0 introduces bApps—decentralised apps leveraging Ethereum's validator set for shared security without capital risks. Built on SSV's Distributed Validator Technology (DVT), bApps ensure fault-tolerant, scalable operations aligned with Ethereum's core values.
4/8
bApps use $ETH s validators as an asset class, enabling:
◆ Pre-confirmations for faster UX
◆ Secure out-of-protocol services (oracles, bridges, etc.)
◆ Shared security via a global, decentralised validator network
This eliminates fragmentation and boosts composability.
5/8
SSV Network powers bApps with:
◆ Fault-tolerant, decentralised validator infrastructure
◆ A global operator marketplace for easy bootstrapping
◆ Cost-efficient, non-slashable security (no cascading risks)
◆ Extra rewards for validators, incentivising solo stakers
6/8
2.0 includes the launch of bApps chain to scale DVT & bApps:
◆ Scale: Overcomes $ETH call data limits for high-vol txns .
◆ Cost: Cuts gas fees for devs & users.
◆ Lightweight: Use light clients for low processing needs.
◆ Multi-Chain: Integrates with multiple L1s for interop
$SSV will also have a tokenomics revamp:
1. $SSV Staking to secure Based app chain as a commitment to validators
2. Fees from obligations to based apps
3. Fully deflationary $SSV by 2027
8/8
@ssv_network 's full roadmap testnet is now live with bApps chain fully released
You can read the full blog on SSV 2.0 at
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