GRVT, a hybrid decentralized exchange built on a zero-knowledge application chain, is targeting its token generation event shortly after its Season 2 campaign closes on June 30. The exchange increased its community and airdrop allocation from 22% to 28% of the total one billion token supply, with Season 2 participants receiving an increase from 12% to 18%. GRVT raised $33 million from investors including Delphi Ventures and Hack VC, with private sale investors holding 19.9% of the total supply. The platform holds the first Class M license for an on-chain derivatives exchange from the Bermuda Monetary Authority, distinguishing it from unlicensed decentralized exchange competitors in the regulatory landscape.
GRVT Increases Community Token Allocation to 28%
The total GRVT supply is fixed at one billion tokens. Private sale investors hold 19.9% after contributing over $33 million across multiple rounds. Community and airdrop allocation now stands at 28%, increased from the previously planned 22%.
"The numbers speak for themselves. But what matters most to us is that the community that built this momentum is the one that benefits from it most," co-founder and CEO Hong Yea told The Block.
Season 2 participants receive 18% of the total supply, increased from the previously planned 12%. The remaining 72% follows a structured release schedule detailed on the GRVT blog.
Platform Processes $393 Billion in Cumulative Trading Volume
The exchange processed $393 billion in cumulative double-sided trading volume. Total value locked rose from $11.3 million at the start of Season 2 to $107.1 million. Open interest increased from $11.6 million to $484.1 million.
Monthly trading volumes grew 68% since October 2025 to reach a record $51.6 billion in January 2026, according to The Block. The platform processed roughly $131 billion in volume during Q1 2026.
GRVT operates as a hybrid decentralized exchange built on a zero-knowledge application chain powered by ZKsync. The platform combines on-chain settlement with performance features typically found on centralized exchanges.
Bermuda Monetary Authority Grants First Class M License
GRVT holds the first Class M license for an on-chain derivatives exchange from the Bermuda Monetary Authority. The license provides a regulatory framework that most decentralized exchanges lack.
The platform dropped mandatory KYC in August 2025. Only an email is required for trading. KYC verification remains required to claim GRVT tokens.
Team backgrounds from Goldman Sachs and Facebook contribute to institutional credibility, according to CoinLaunch research.
Token Generation Event Scheduled Shortly After June 30
GRVT's token generation event is expected shortly after the June 30 Season 2 close. "Launching GRVT at the right moment has always mattered more to us than launching fast," co-founder and CEO Hong Yea told The Block in March 2026.
Pre-launch product features include native Layer 1 yield via Aave integration and spot trading. The exchange is securing liquidity partnerships with institutional and retail market participants.
Polymarket has created contracts betting on GRVT's fully diluted valuation one day after launch. Fully diluted valuation is calculated by multiplying a token's current price by its total supply, including locked, vesting, and unreleased tokens.
FAQ
What is GRVT's total token supply?
The total GRVT supply is fixed at one billion tokens, with 28% allocated for community and airdrops, 19.9% for private sale investors, and the remainder on structured release.
When is the GRVT token generation event?
GRVT's token generation event is targeted for shortly after the Season 2 campaign closes on June 30.
What license does GRVT hold?
GRVT holds the first Class M license for an on-chain derivatives exchange, issued by the Bermuda Monetary Authority, providing a regulated framework for its hybrid exchange operations.
