GRVT
GRVT, pronounced “Gravity,” is a hybrid decentralized exchange built on ZKsync. It combines offchain order matching with self-custodial settlement on a Validium-based Layer 2. The platform launched a mainnet alpha in late 2024 and supports perpetual futures, spot and options markets. [1] [2] [3]
Product History
GRVT launched its mainnet alpha in late 2024 on ZKsync and initially focused on perpetual futures trading. Reporting in 2025 described planned expansion into spot and options markets during 2026. By July 2026, The Block reported that spot markets were live. [3]
In March 2026, The Block reported that GRVT’s platform-reported total value locked had reached 484.1 million and cumulative two-sided trading volume had exceeded $393 billion. The report also said the platform had more than 10,000 active traders in January 2026. [11]
Technology and Features
GRVT uses an offchain Central Limit Order Book (CLOB) for order matching and smart contracts for settlement, custody and margin management on a ZKsync-based Validium application chain. The Block reported that transaction batches are verified with zero-knowledge proofs anchored to Ethereum. Validium data availability relies on offchain storage, which should be distinguished from the settlement layer. [3]
GRVT describes a long-term product vision called "Unified Margin" or "One Balance," enabling trading, yield generation, investment, and payments to be managed under a single account balance. This feature aims to enhance capital efficiency by allowing assets to multitask — serving as trading collateral while earning yield.
GRVT Tokenomics
GRVT as a fixed-supply token with a maximum supply of 1,000,000,000 and no additional issuance planned. The company describes holding or staking the token as a way to access membership benefits such as reduced trading fees, enhanced yield tiers and priority access to new products. [8] [10]
GRVT initially announced a July 21, 2026 Token Generation Event, but its latest official update moved the TGE to July 30, 2026. [9] [10] [12]
Funding
The Block reported that GRVT had raised approximately 2.2 million private token sale in March 2024. On September 18, 2025, GRVT announced a $19 million Series A co-led by ZKsync and Further Ventures, with EigenCloud, formerly EigenLayer, and 500 Global among the other leading backers. [2] [5]
Founding Team
GRVT was co-founded in 2022 by a team of three individuals:
- Hong Gyu Yea — Co-founder and CEO.
- Matthew Quek — Co-founder; reported as CCO
- Aaron Ong — Co-founder and CTO.
The co-founders have diverse backgrounds in finance, technology, and blockchain applications.
