Recently, several major exchanges have simultaneously launched an interesting project—Brevis, which has been one of the most talked-about spot projects since the beginning of 2026.

Let's start with some key points. The token circulation ratio is 25%, with BNB holders accounting for about 1.5%. Currently, the reference price in the contract market is around $0.45, corresponding to a FDV of approximately 450 million. Based on this valuation, the token allocation from listing activities across exchanges is roughly a little over 2%, plus an airdrop portion of 3.5%, making the total token scale just over twenty million. This scale still offers operational space for capable market makers, so the opening is likely to see a low open followed by a rise or a second wave after turnover.

How about the project itself? Brevis is a rare infrastructure project in the Ethereum ZK space with clear real-world demand. Its technical solution has received multiple public recognitions from Vitalik and has been included in the official roadmap of the Ethereum Foundation—this is already a strong endorsement in the infrastructure sector.

Most importantly, this is not just on paper. Brevis has been running at scale in real production environments for some time, generating over 288 million zero-knowledge proofs, serving more than 200,000 independent users, with nearly 100,000 daily active users. Its application partners include top protocols like PancakeSwap, Linea, Uniswap, Euler, all of which rely heavily on Brevis. In simple terms, Brevis is currently the only ZK computing platform that has been extensively validated in commercial scenarios.

The fact that it is launching simultaneously on major exchanges like Binance, Bybit, Bitget, OKX, and Kraken also reflects the market’s recognition of its potential to some extent.