The brief

Analyst view

• Secures ~7.4M ETH across ~118,000 validators and ~1,900 operators (Apr 2026), the largest DVT network.
• One of two distributed-validator providers in Lido's Simple DVT module.
• Fees moved from the SSV token to ETH with the April 2026 staking upgrade.

Technical approach

As reported

Key shares

No operator holds the whole key

A validator key is split with Shamir secret sharing into shares, each encrypted to one operator.

Consensus

Operators agree before signing

Operators run a BFT consensus (QBFT) for every duty; a 4-operator cluster keeps working with one operator down.

Open market

Choose your operators

Stakers pick operators by location, client software or performance, and pay them per validator.