grvt13

what's grvt?

Grvt is a hybrid decentralized exchange (DEX) built on ZKsync, combining centralized exchange (CEX) features with self-custody to enable secure, gas-free perpetual trading and on-chain investments. It offers high-performance trading with 600K TPS and single-digit millisecond latency, while ensuring users retain full control of their funds through private keys and Web3 security. As the world's first licensed DEX, Grvt focuses on compliance, privacy via zero-knowledge proofs, and scalability to support trillion-dollar onchain finance markets. Key features include direct fiat-to-crypto onramps, take-profit/stop-loss orders, yield earning on trading equity, and integration with Arbitrum for withdrawals. The platform recently raised $19M in Series A funding to enhance privacy-driven DeFi infrastructure and expand accessibility.

Snapshot

Attending Seoul's Perp DEX Night on Apr 18; grvt also launched a $10,250 new user incentive.

8H ago
VISIBILITY EVENTOfficial

Attending Perp DEX Night event in Seoul on 2026-04-18 during BUIDL Asia conference.

13H ago
FINANCIAL EVENTOfficial

Launched a $10,250 incentive campaign for new users in partnership with Tealstreet Terminal Transfer, requiring a minimum $500 deposit and at least one trade, scheduled to end on 2026-05-04 at 23:59 UTC.

4D ago
ONCHAIN METRICS

Ranks second for optimal slippage and equity trading volume among DEXs that have not yet completed TGE.

ONCHAIN METRICS

Reached $177 billion in total volume since launching in January 2025.

ONCHAIN METRICS

Achieved 1,601% Open Interest growth since launching in January 2026.

5D ago
MARKET ACTIVITYOfficial

Listed perpetual futures for QQQ, SPY, AAPL, TSM, MU, and SNDK with up to 10x leverage.

1W ago
MARKET ACTIVITYOfficial

Listed $EDGE and $BASED perpetual futures with up to 50x leverage on April 6, 2026.

FINANCIAL EVENT

Launched $50,000 migration incentive pool from Based, Backpack, or edgeX, allocated first-come-first-served, eligibility by volume tiers.

FINANCIAL EVENTOfficial

Distributes up to 11% APY on collateral for traders, based on trading volume and open interest, from revenue sharing before token launch.

VISIBILITY EVENTOfficial

Hosts an AMA in Korean on 2026-04-10 with coinboy717 to engage the Korean community.

FINANCIAL EVENTOfficial

Launched Veterans First Campaign with $60,000 reward pool for perpetual traders who received airdrops or points from BasedOneX, Backpack, or edgeX, featuring five tiers (A to E) and first-come, first-served distribution until April 28, 2026 or pool depleted.

TECH EVENTOfficial

Built on zkSync Atlas for speed and self-custody.

2W ago
ONCHAIN METRICSOfficial

Ranked #2 in $EWJ ETF trading volume among top centralized exchanges on 2026-03-31.

ONCHAIN METRICSOfficial

Paid $1.62M in real yield to users before TGE.

FINANCIAL EVENTOfficial

Distributed 150,000 points to 16,200 community members in the first week of April 2026.

TECH EVENT

Plans to launch GRVT Card and P2P transfers with on/off ramps as part of payment layer.

ONCHAIN METRICS

Ranks in top 5 tokenless perpetual DEXs by Open Interest market share as of April 2026.

MARKET ACTIVITYOfficial

Launched perpetual futures contracts for NVDA, GOOGL, and META with up to 10x leverage.

ONCHAIN METRICS

TVL decreased from previous levels as short-term yield farmers exited the protocol.

VISIBILITY EVENTOfficial

Launched GRVT Strategies marketplace for professional fund managers, algorithmic strategies, and AI-driven models on-chain.

REGULATORY

Obtained the world's first regulated DEX license from the Bermuda Monetary Authority.

ONCHAIN METRICS

Reached $48.8M platform TVL, representing a 427% year-over-year increase.

ONCHAIN METRICS

Achieved $12B+ cumulative trading volume within 8 months of mainnet launch.

ONCHAIN METRICS

GLP vault reached $7.5M deposit cap within 23 days of launch and grew to $8.4M AUM within two months.

TOKEN ECONOMICS

Distributes 15% of weekly GRVT Points pool to participants based on TVL.

PARTNERSHIP

Partnered with 40+ institutional partners, integrating Aave directly into trading engine for margin yield; zksync highlighted Unified Margin feature, powered by zksync infrastructure.

MARKET ACTIVITYOfficial

Launched perpetual futures trading for real-world assets (RWAs), including tokenized ETFs and stocks, offering 24/7 trading, leverage, self-custody, on-chain settlement with ZK proofs, yield on margin, and maker rebates.

TOKEN ECONOMICS

Introduces two stablecoin yield products: Earn at 3.5% APY and Invest at 19% APY, with no minimum deposit, and a USDT rewards program.

3W ago
RISK ALERTOfficial

Suffered Rhino bridge liquidity crunch on March 25, 2026, causing delayed withdrawals and deposits due to demand exceeding rebalancing capacity mid-settlement cycle. Native ETH bridge remained operational; funds not at risk.

FINANCIAL EVENTOfficial

Partnered with KaiaChain for low-cost USDT deposits for perpetual futures trading, launching a community volume competition from April 14-20, 2026, offering $15,000 in prizes for top 20 traders by volume and 20 lucky draw winners, requiring a 150 USDT minimum deposit via KaiaChain. Runs Easter Golden Egg Sprint trading competition with a $15,000 USDT prize pool for top 20 traders by volume, ending 2026-04-11.

TOKEN ECONOMICSOfficial

Offers Ambassador program participants a +30% Grvt points boost, 35% referral commission, and Fee Level 6 access, with status granted daily at 00:00 UTC.

TECH EVENT

Scheduled PlayPad and spot trading for end of April 2026; integrated with Caves: Dig & Dash game as a token launch partner.

PARTNERSHIPOfficial

Launched Agent Skills feature for AI agents, enabling plain language interaction for market data queries, balance/position/PnL management, trade execution, and TP/SL orders, integrating with Claude Code, Codex, Gemini CLI, and Flowbot_pro for automated trading.

PARTNERSHIPOfficial

Partnered with CCXT (crypto exchange trading library) through the Builder Codes program, enabling CCXT users to access grvt across 5 programming languages with automated daily fee settlement for developers routing trades.

ONCHAIN METRICS

Trading volume reached $3.3B monthly

TECH EVENTOfficial

Launched Split TP/SL (Take Profit & Stop Loss) feature on web platform, allowing partial position closures at target levels.

VISIBILITY EVENTOfficial

Hosts an AMA with CEO and 0xProfessorJo on 2026-03-19 at 1PM UTC to discuss its new capital productivity model tied to platform revenue and activity.

1M ago
VISIBILITY EVENTOfficial

Featured in Foresight_News yield product roundup for its USDT yield offering.

TOKEN ECONOMICSOfficial

Operates a points program based on trading volume and open interest, reducing Altcoin points multiplier from 5x to 2x and setting RWA points multiplier to 3x for leaderboard participants, effective March 17, 2026.

ONCHAIN METRICSOfficial

Recorded $36.58B monthly trading volume in March 2026 on its perpetuals DEX, 13% higher than February, ranking 6th and its second-highest monthly volume ever, making it one of only two top 10 perps DEXs to see increasing volume.

ONCHAIN METRICS

Ranks top 5 perpetual DEX by volume (30 days) and market share, attracts 10,000 new users monthly.

TOKEN ECONOMICS

Allocates 100% of revenue to ecosystem development and token buybacks.

TOKEN ECONOMICS

Offers membership-style token model requiring 500, 3,000, or 30,000 GRVT lock for 6-12 months, granting fee discounts, revenue sharing, higher collateral limits, better yields, GRVT cashback, and $250,000 deposit coverage. Also offers negative maker fees, paying users to place limit orders.

FINANCIAL EVENTOfficial

Listed WTI crude ($CL), Brent crude ($BZ), natural gas ($NATGAS) perpetual futures with up to 25x leverage, 24/7 trading, and no expiry or rollover, alongside support for RWAs, equity, and gold trading. Launched commodities and equities volume trading competitions with a $20,000 prize pool ending 2026-03-26.

ONCHAIN METRICS

Reached $481.3 million in open interest, ranking 6th among top 10 perpetual DEXs as of March 25, 2026.

MARKET ACTIVITY

Ranked #6 overall by trading volume in the February 27 weekly perp DEX rankings.

ONCHAIN METRICSOfficial

Reached #3 ranking among perpetual DEXs by 24-hour volume with $1.3B daily perpetual futures trading volume. Recorded $9.653B over 7 days ending 2026-03-12.

ONCHAIN METRICS

Reached 76,900 wallet connects and 9,229 monthly new users since Season 2 began.

ONCHAIN METRICS

TVL increased 7x from previous levels.

ONCHAIN METRICS

Grew open interest 42x since Season 2 began.

ONCHAIN METRICS

Reached cumulative trading volume of $200 billion since Season 2 began.

ONCHAIN METRICS

Reached 77,000+ wallet connections, 9,000+ monthly new users, and 67% weekly retention rate.

TOKEN ECONOMICSOfficial

Allocates 28% to airdrops and rewards programs, extending Season 2 rewards until TGE in June 2026 with 18% airdrop and 6% community allocation. Season 1 rewards remain 10%, with total community allocation at 22%.

ONCHAIN METRICS

Increased TVL 277% week-over-week, volume 352% week-over-week, and open interest 1,796% week-over-week.

ONCHAIN METRICS

Achieved trading volume growth of 352% week-over-week.

ONCHAIN METRICS

Achieved open interest growth of 1796% week-over-week.

TECH EVENT

Released development update including expanded chart types, favorites, range shortcuts, indicators on mini chart, new sharing dialog, and quick drawing tools.

ONCHAIN METRICS

Achieved +25% monthly open interest change.

OPINION SPECULATION

Expected to launch a token in the near future, with the project having a live product, strong user base, and meaningful revenue before TGE.

VISIBILITY EVENT

Featured in Animoca Brands research report as one of the leading perpetual DEXs redefining on-chain trading.

TOKEN ECONOMICSOfficial

Offers up to 11% APY on idle stablecoins and traders' collateral, tied to real trading activity.

FINANCIAL EVENT

Runs meme competition with 1,000 USDT prize pool, ending on 2026-03-11.

VISIBILITY EVENT

Hosts AMA with CEO on 2026-03-12 at 11:00 UTC on X to discuss Season 2 extension, pre-TGE roadmap, and TGE.

TEAM UPDATE

Built by ex-Goldman Sachs and Meta engineers.

VISIBILITY EVENT

Integrated with Arbital for automated market-making strategies; featured in eli5_defi's "Project Spotlight - Week 09/2026".

FINANCIAL EVENTOfficial

Raised $19M Series A co-led by ZKsync, Further Ventures, bringing total fundraising to over $35M, including $34M from zkSync and Delphi, at a $540M fully diluted valuation. TGE scheduled after June 30, 2026; distributed 150,000 points to 15,600 community; FDV prediction market live on 42space platform.

FINANCIAL EVENTOfficial

Launched a $5,000 USDT RallyOnChain campaign for rewarding content creators.

TOKEN ECONOMICSOfficial

Launched GLP Strategy in November 2025, with APY model tied to trading activity, referrals, and platform revenue, maintaining up to 11% on USDT deposits with weekly distributions every Tuesday. Co-manages GLP vault with Ampersan for 20% APY; GLP pool offers 21% APY and 22% token distribution with no lockup.

ONCHAIN METRICS

Reached $1.8B daily trading volume, TVL surpassed $100M since Season 2 began, ranking as #4 perpetual DEX with 352% month-over-month growth.

TECH EVENT

Launched new mobile app

ONCHAIN METRICS

Records $1.8B+ in monthly trading volume for perpetual futures, with 352% month-over-month growth, ranking as a top-4 perpetuals DEX by volume.

PARTNERSHIPOfficial

Launched Yield Layer feature, integrating Aave variable lending pools for idle margin from perps positions, offering 11% APY, with real-time yield distribution, self-custody, and maintained trading/withdrawal functionality.

ONCHAIN METRICS

Ranked third for 1-month APY among trading vaults on TradingProtocol across multiple chains including Ethereum and Arbitrum.

TECH EVENT

Maintained execution integrity with zero-knowledge settlement during the October 10th crypto crash, which saw $19B liquidated, leveraging ZKsync Validium L2 for Ethereum-level security via ZK proofs.

PARTNERSHIP

Integrated with Planemo Trading to enable automated trading strategies with maker rebates and capital yield generation.

TECH EVENT

Launched XAU, XAG, XPD, and XPT perpetual contracts.

2M ago
TECH EVENT

Launched Scale Orders feature, enabling traders to structure entries, ladder exits, and execute across multiple price levels.

PARTNERSHIP

Integrated with Fraction AI through the Gravvy agent for AI agents to trade perpetuals and automate strategies, offering 20%+ APY delta-neutral returns. Co-Founder and COO Matthew Quek participated in an AMA with FractionAI CEO Shashank Yadav on February 24, 2026, covering AI-driven strategies, autonomous agents in DeFi, and capital efficiency.

PARTNERSHIP

Integrated with RoboNetHQ, with the RoboNetHQ Vault now live on the platform.

PARTNERSHIP

Integrated TacoTradeX to bring AI and quant strategies, including OI farming and auto-strategy execution, directly to the platform.

VISIBILITY EVENT

Hosts trading competitions at Consensus Hong Kong 2026 on February 11, 2026, including BLOCK:LOUNGE Trading Esport 2026 and CRYPTOZONIC at Space Club in Central Hong Kong.

TECH EVENT

Undergoes scheduled maintenance on 2026-02-05 at 09:00 UTC for approximately 15 minutes, during which trading will be temporarily unavailable.

VISIBILITY EVENT

Collaborates with Shift Protocol, hosting an Italian X Space on 2026-01-30 at 1:30 PM UTC with Top EU Ambassador, offering a 150 USDT prize pool. Launches a hybrid vault combining GLP and delta neutral strategies on Arbitrum on March 5th, 2026.

ONCHAIN METRICS

Reached 90,000+ users, with over 77,000 wallet connections.

ONCHAIN METRICS

Achieved 5,000+ daily active traders.

ONCHAIN METRICS

Ranked top 5 DEX by volume according to DeFiLlama.

MARKET ACTIVITY

Offers perpetual futures trading for crypto, commodities, equities, metals, and stocks, including XMR, AMZN, COIN, COPPER, CRCL, MSTR, and PLTR with up to 50x leverage.

OPINION SPECULATION

Criticized for "gaslighting" users, with commentary that numbers and metrics have not been great.

3M ago
MARKET ACTIVITY

Added support for USDT deposits from Solana and Kaia Chain networks on January 14th, 2026.

TECH EVENT

Achieved 600k transactions per second under peak performance conditions.

PARTNERSHIP

Launched Grvt Institute, a non-commercial crypto education initiative, starting with a collaboration with Korea Insurance Institute in South Korea.

REGULATORY

Approved as a VASP on Upbit SG, enabling secure asset transfers within the Upbit ecosystem.

TOKEN ECONOMICS

Implements negative maker fees, paying users to provide liquidity.

VISIBILITY EVENT

Featured in Messari research on on-chain private banks for institutional wealth management; listed among emerging perp DEX platforms differentiating on ZK privacy, unified margin, RWA access in 2025-2026 market analysis, alongside Paradex, Hibachi, and Lighter.

VISIBILITY EVENT

Hosts an AMA on 2026-01-06 featuring Head of BD discussing vision, products, and 2026 roadmap in Korean language.

TECH EVENT

Launched isolated margin trading feature, allowing users to set risk limits per individual trade while protecting their main balance.

FINANCIAL EVENT

Runs airdrop/points campaign, distributing 20,000 USDT in rewards to top 20 ambassadors over two weeks for onboarding and engagement.

Partnered with Optiver as market maker, delivering 26% APY returns with 11.1 Sharpe Ratio. Launched points-based airdrop program with over 2,000 participants.

GLP flagship delta-neutral strategy fills quickly following recent cap increase, with limited availability remaining.

4M ago

Platform unveils Traders Royale competition winners at Indonesia Blockchain Week Official, with @ariesyuangga taking first place, @andricuanterus second, and @kyojindee third in the esports-style trading competition.