grvt00

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

grvt achieved 600k transactions per second under peak performance conditions.

1D ago
TECH EVENT

Achieved 600k transactions per second under peak performance conditions.

5D ago
PARTNERSHIP

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

1W ago
REGULATORY

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

2W ago
TOKEN ECONOMICS

Implements negative maker fees, paying users to provide liquidity.

VISIBILITY EVENT

Messari published an in-depth research report on grvt's evolution from a perpetual DEX to a foundation for an on-chain private bank expanding institutional-grade wealth management access.

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.

3W ago
FINANCIAL EVENT

Distributed 20,000 USDT in rewards to the top 20 ambassadors over a two-week period for onboarding users and engagement activities.

1M ago

Partnership with Optiver revealed as market maker for Liquidity Provider Strategy delivering 26% APY returns with 11.1 Sharpe Ratio. Points-based airdrop program launches for platform users.

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

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.

Builder Codes feature launches, enabling developers to integrate with the platform, route trades, and earn revenue directly from trading flow they generate.

Platform shows 5.5x ratio of 24-hour trading volume to open interest, ranking in mid-range among perpetual DEX competitors and raising concerns about farming-driven volume versus organic user activity.

Wallet Onboarding feature goes live, allowing users to authenticate via wallet connection instead of passwords for seamless platform access to trading, earning, and strategies.

New trading strategy by Alejandro_XBT goes live on platform, utilizing Adaptive Trend Reversal System and momentum confirmation framework.

Team member simplepeanut3 participates in panel discussion on December 9 at 2PM UTC covering macro shifts, emerging narratives, real yield, and market-structure changes heading into 2026.

Grvt Traders Royale trading competition takes place at Indonesia Blockchain Week on December 10-11 with 18 traders participating in live battles over 2 days.

Platform reports monthly growth rates of 243.55% for Open Interest and 467.36% for Trading Volume.

Instagram and TikTok accounts launch with merch giveaway for 5 winners selected by lottery.

Liquidity Provider Strategy managed by Ampersan (crypto branch of market-making firm Optiver), reporting 48% Annual Percentage Rate Return with 11.56 Sharpe ratio over past months. Platform offers 10% interest on collateral for active traders, and airdrop points valued at $55-$180 per current calculations.

Co-Founder & COO Matthew Quek speaks on institutional yield panel at Further Network Summit in Abu Dhabi on December 8th.

Token Generation Event scheduled for Q1, and referral program offers 30% bonus on points.

Rewards Season 2 distributes 125,000 points to 12,000 users in latest weekly allocation.

Two new trading pairs now available: PAXG (PAX Gold) and TAO (Bittensor).

Liquidity Provider Strategy reopens after hitting $5M cap in under a week, with total cap increased to $7.5M and new investment limits based on lifetime trading volume.

Open Interest surges from $100M to over $175M.

Platform offers 10% interest rate that requires users to complete trades monthly to keep the yield active.

Token Generation Event set for March 2026 with 22% supply allocated to initial airdrop; platform raised $34M at $540M valuation from investors including Delphi Ventures, Susquehanna International Group, Hack VC, QCP Capital, Matrix Partners, ZKsync, 500 Global, and Further Ventures.

Completes Japan leg of global live trading tour with local representation and trader participation.

Open Interest now exceeds $110M.

Open Interest crosses $100M milestone today.

Platform increases maximum position caps for BTC, ETH, and SOL, while easing USDT position caps with low leverage across all trading pairs.

Season 2 rewards program distributes 125,000 points across 11,900 users for the last week.

Adds fisher8cap as Strategy Manager, a trader with 7+ years experience who placed Top 3 on Bybit leaderboards all of 2024.

Cumulative perpetual trading volume surpasses $74B total, with over $10B added in the last 10 days.

Deposits earn 10% interest on trading equity plus Grvt Points, with yield convertible to trading margin.

Launches first campaign on @rallyonchain platform, opening access portal for waitlisted participants.

Implements Atlas upgrade with ZK Stack integration, adding privacy features and positioning as Ethereum's market layer.

Two new trading pairs launch: Resolve (RESOLV) and Horizen (ZEN) now available for trading.

Trading competition launches with @crypto_banter participation, offering 15,000 USDT prize pool distributed to top 15 performers on PnL leaderboard.

Trading and holding open positions in altcoins earn more points than BTC, ETH, and SOL in the Rewards program.

Liquidity Provider Strategy hits $5M AUM cap and closes to new deposits after one week of launch.

Launches funding rate comparison feature enabling users to view rates alongside Binance, Bybit, and Hyperliquid.

Launches mobile app bug bounty program offering up to $500 per valid report for app testing.

Rewards Season 2 completes weekly distribution of 150,000 points to 11,800 users.

Liquidity Provider Strategy reaches $4.4M+ AUM in less than one week with 30%+ APR and 10 Sharpe ratio, approaching capacity with less than 20% remaining.

Launches Liquidity Provider (GLP) Strategy, a delta-neutral market-making vault that achieved 48% APR during six months of testing.

Platform offers 10% APY on deposits.

Total perpetual trading volume crosses $63 billion.

Platform announces upcoming Atlas upgrade integrating ZKsync's Atlas technology for cross-chain network connectivity.

2M ago

Grvt goes live on RallyOnChain waitlist, integrating an AI-powered rewards system that enables users to earn points through authentic activity on X and complete missions.

Galxe InfoFi campaign goes live with points farming and multiplier system for users.

Two new trading pairs are now listed and available to trade: LDO (Lido DAO) and GIGGLE (Giggle Fund).

Internet Computer (ICP) and Filecoin (FIL) trading pairs are now listed on the platform.

Native protocol vault GLP Strategy goes live with 48% APR and 7.6 Sharpe ratio performance, managed by a 40+ year trading firm, with GLP investors earning from a weekly 15% Grvt Points pool based on TVL.

125,000 rewards points distributed to approximately 11,000 users in the past week, with users earning at least 800 points through Open Interest trading.

Demo Trading Esports Finale begins with Top 12 traders competing live at cryptozonicfest event with idol performances.

The platform integrates Real World Assets (RWAs) and institutional liquidity directly through the Atlas upgrade without requiring bridges.

ZKsync invested $14M in the project to support development of the Atlas upgrade infrastructure.

Delphi Ventures, an existing investor, purchased additional tokens on the secondary market to double down on their position. The ZKsync Atlas upgrade specifications include 15,000 TPS and 1 second finality, with the platform positioned as the flagship exchange on ZKsync.

Partners with Gridy AI to enable Grid Bot trading on the platform and launches a Volume Competition with 15K USDT prize pool for 50 winners from November 4-26.

Atlas upgrade built in partnership with ZKsync integrates ZK chains with Ethereum as liquidity hub and adds institutional-grade privacy features.

Distributed 125,000 Season 2 reward points to 10,800 users this week and increased Open Interest allocation to 15% of weekly pool from previous 5%.

Monad ($MON) is now available to trade on the platform.

Announces upcoming Atlas upgrade for the platform with more details to follow.

GRVT listed among perpetual DEX projects expected to have Token Generation Event between now and end of year.

Implements tiered fee structure replacing flat -0.01% maker rebate, with adjusted taker fees for levels 1-4 and 6-9, effective October 31 at 9:00 UTC.

Adds Base network support for USDT and USDC deposits alongside existing Arbitrum and BNB Chain. USDC automatically converts to USDT through rhinofi integration with rates from top spot exchanges.

Open Interest allocation in rewards program triples from 5% to 15% of weekly pool permanently starting this week. Season 2 distributed 137,500 points to 9,904 users in the past week.

Introduces weekly trading sprints starting October 28, offering 25,000 USDT in prizes across 100 winners competing in PnL or Volume categories.

Limit orders earn traders a 0.01% fee rebate per order.

Offers 10% APY on active margin and unrealized PnL as part of perpetual DEX strategy.

Launches Grvt SecureKey feature powered by Privy integration, enabling onboarding without seed phrases.

Completes $30M funding round at estimated $300M valuation. Featured in airdrop farming guide as perpetual derivatives exchange.

Three new tokens are now available to trade: COAI (ChainOpera AI), BLESS, and STRK (Starknet).

Season 2 distributes 137,500 points across 7,884 users in the latest weekly allocation.

Introduces Discord 2.0 with community roles, gamified leveling system, and rewards program for community engagement.

Trading accounts earn 10% interest on total equity, with interest earnings available as trading margin.

Points emissions increase to 120% this week with Liquidations and Open Interest allocations raised from 5% to 15% each, following last week's distribution of 150,000 points to 8,420 users. Additional Open Interest point increases are planned throughout October.

3M ago

Total value locked (TVL) surpasses $20M milestone.

Introduces yield earning capabilities on Strategies and maker fee rebates (-1bps), with users now able to earn yield on both deposits and open positions.

Total community airdrop allocation rises to 22% from 20%, distributed as 10% in Season 1 for early adopters and 12% in Season 2 for newcomers, with Token Generation Event set for Q1 2026.

Platform handles record liquidations and billions in trading volume with zero downtime during major volatility event; announces 20% boost to this week's total points emission with liquidations and open interest allocations increasing from 5% to 15%.

iOS app now available in Indonesia, Thailand, Japan, and Turkey, expanding platform access to four new geographic markets.

Goes live with "Earn on Equity" feature, offering 10% interest on total trading account equity while simultaneously allowing users to use it as margin for trading.

Announces development progress on yield flywheel component at 80% completion, suggesting near-term launch of new yield generation feature.

Launches Grvt SecureKey feature powered by Privy to simplify secure onchain access without seed phrase management.

Launches Asian Games Competition, a global PnL trading contest where participants represent their countries, with the top winner joining star trader @twooolkit to represent the platform at the next live trading event.

Announces viewable Season 1 airdrop allocations for early adopters and active contributors, with Token Generation Event targeted for Q1 2026.

Adds two new tokens for trading: ZEC (Zcash) and MNT (Mantle).

Completes weekly Rewards Season 2 distribution of 125,000 points to 6,500 users.

Grvt Strategy managed by Bcube.ai doubles investment cap from $250K to $500K with current APR above 63%, indicating expansion of the platform's managed strategy product offerings.

CoinRoutes integration allows institutional traders to access the platform with simultaneous CME hedging capability, while development focuses on building a comprehensive yield platform and liquidity layer across DeFi with cross-margin collateralization features.

Adds three new trading pairs including Bitcoin Cash (BCH), Kilo Shiba Inu (kSHIB), and Plasma (XPL).

Launches new 24-day trading competition with Damicale_s partnership offering 10,250 USDT prize pool plus iPhone 17 and merchandise, requiring 100,000 USDT minimum volume for rewards qualification and running from Oct 2 to Oct 26.

Wins first place in the first round of eSport trading competition at TOKEN2049 Singapore conference.

Listed among projects planning Q4 TGE, potentially indicating an acceleration from the previously announced Q1 2026 timeline.

Maximum position size limits doubled across all pairs and margin tiers in response to growing trading volume and liquidity.

Rewards Season 2 launches with 20% of total tokens allocated for community across both seasons and introduces a new referral system offering up to 25% commission on trading fees.

Trading volume has tripled in the past week according to the platform's announcement.