UPDATES SINCE SEPTEMBER 2025
The inflation_cap has now been introduced into the rewards calculation.
Note: The results are cumulative, so the results shown in Rewards Overview 2025-10 Google Sheet are only showing rewards from October 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for October 2025 is: 0x0105a7622bac1054fabab2d0c1426c0b75559c6a48fd0556901311dd4eb91f7b
Timestamp: 11th November 2025
The November 2025 SSV rewards are still being calculated due to modifications to the scripts. I will update this post as soon as they are completed and checked.
Note: The results are cumulative, so the results shown in Rewards Overview 2025-11 Google Sheet are only showing rewards from November 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for November 2025 is: 0xd58fcbd9064022517c822bed4497b68b7befc960d996ea2239a5c1669e73decd
Timestamp: 21 December 2025
Note: The results are cumulative, so the results shown in Rewards Overview 2025-12 Google Sheet are only showing rewards from December 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for 2025-12 is: 0x2e7b9871d760cfd1db0379a595d48e1eb8968d4bbd9e45e9f99c42ce3ddf1f23
Timestamp: 2026-01-16
Note: The results are cumulative, so the results shown in Rewards Overview 2026-01 Google Sheet are only showing rewards from Jan 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for 2026-01 is: 0xdc064827aa79a4ffdfb5ebaae005f0f06c0c75643dadc0771922ee8494d0a379
Timestamp: 2026-02-10
Note: The results are cumulative, so the results shown in Rewards Overview 2026-02 Google Sheet are only showing rewards from Jan 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for 2026-02 is: 0x344049a155a75577a5611b3d02901f381ff2571772d5b82cb5bf7fcd09b7869c
Timestamp: 2026-03-10
Note: The results are cumulative, so the results shown in Rewards Overview 2026-03 Google Sheet are only showing rewards from Jan 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for 2026-03 is: 0x2fb15b6d5d8b6028eceb5cd3bfe3baef6337ddfcd7629c21a32b22341b1b5140
Timestamp: 2026-04-10
A quick update on the April 2026 IMP rewards distribution.
The rewards are currently delayed because the IMP calculation now needs to include SSV’s new ETH fee calculation model. Since this is a new part of the calculation flow, we are taking some extra time to make sure the result is correct before moving forward.
Thanks everyone for your patience and understanding. I’ll update this post as soon as the calculation is completed and checked.
Note: The results are cumulative, so the results shown in Rewards Overview 2026-04 Google Sheet are only showing rewards from Jan 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for 2026-04 is:
SSV-Cluster Root Hash: 0x37e5ec17b0f293c6c37555443a5806a133e64bedf746ca8bd6c484dd059b22d8
ETH-Cluster Root Hash:
0x087abe2b2dd1de2ee8818b848d40463b65afa42e54de77ebdadd58fc5f5c206c
Timestamp: 2026-05-20
Note: The results are cumulative, so the results shown in Rewards Overview 2026-05 Google Sheet are only showing rewards from Jan 2025. The MerkleProof shows the cumulative amount for the whole incentives program so far.
The SSV Incentivized Mainnet Program Merkle Root for 2026-05 is:
SSV-Cluster Root Hash: 0x80368f6184a00478b95a4f7cdf1f7910d25ec4eac235d16f16b8e2b5d5e446c4
ETH-Cluster Root Hash: 0xabad3273fedfb4b0a97768eca51a3cef192bf3d112270846cea1468ccfc81383
Timestamp: 2026-06-09