A self-custodial perpetual DEX powered by ZK technology
Overview
GRVT is a ZK-powered, self-custodial hybrid DEX/perps exchange built on ZKsync, having raised ~$34M across five rounds including a $19M Series A. Its Rewards Season 2.0 is live, letting users earn points via trading, holding, and referrals ahead of a $GRVT token/airdrop, making it currently farmable.
Analysis
Credibility: Backed by a seed round co-led by Matrix Partners and Delphi Digital, with about $34M raised in total. Token status: $GRVT is already listed on exchanges like Bithumb and MEXC, suggesting TGE has already occurred. Unclear points: The exact TGE date, total supply and detailed allocation breakdown could not be confirmed from official sources. Caution: Users who registered after July 17, 2026 reportedly need to manually claim via the Reward Portal, and no audit firm information could be confirmed. Check the official help docs yourself before joining.
Allocation
Airdrop pool: Reportedly 280 million $GRVT allocated. Claim method: Some registrants must manually claim via the Reward Portal. Deadline: No stated claim deadline could be confirmed.
Tokenomics
Community allocation: The airdrop/community portion is reportedly raised to 28%. Total supply & vesting: Total supply, detailed team/investor split, and unlock schedule could not be confirmed from official materials.
Events & campaigns
Rewards Season 2.0 (ongoing): Earn points by trading, holding and inviting, reportedly reflected in the TGE allocation. Exact start/end dates and total reward pool could not be confirmed from official pages.
Investors & VCs
How to Participate
- Create an account on the official GRVT site (grvt.io).
- Deposit funds and trade perpetuals.
- Also hold assets and invite friends to earn Rewards Season 2.0 points.
- If you registered after July 17, 2026, you may need to manually claim via the Reward Portal. Note: exact costs or gas fees were not specified in official sources.
How to play it efficiently
Priority: Accumulating points through actual trading activity is the core approach. Minimum viable route: Even small, consistent trading, holding and inviting can be effective. Sybil avoidance: Avoid using multiple accounts, as this risks violating terms of service.
Audits & security
Bug bounty: Confirmed to exist, but detailed terms are unknown. Audits: No audit firm names or dates could be confirmed. No past exploits reported.
Risks
- Users who registered after July 17, 2026 need to manually claim, and missing this step may forfeit rewards.
- No audit firm or date could be confirmed, leaving security assurances incomplete.
- Exact TGE date and supply figures are unconfirmed from official sources and may change.
- Perpetual trading involves leverage, and poor risk management can lead to significant losses.
FAQ
Q. How do I join Rewards Season 2.0? Trade, hold assets, and invite friends on the GRVT exchange to earn points.
Q. Can I already claim the token? $GRVT is already listed on major exchanges, but airdrop claim conditions vary depending on registration timing.
What's next
Recent developments: $GRVT listings on Bithumb and MEXC, and a collateral-yield integration with Aave have been reported. Ahead: The next season or detailed supply schedule has not been officially announced.