GRVT Token Launch Imminent: Community Allocation Skyrockets to 28% in Major Airdrop Expansion
GRVT, the privacy-focused decentralized exchange built on its proprietary ZKsync appchain, has issued a major bullish signal by dramatically boosting its community token allocation ahead of its $GRVT token launch. In a strategic pivot, the platform has increased its Season 2 participant allocation from 12% to 18%, catapulting the total community airdrop pool to 28% of the total supply. The exchange confirms its Season 2 rewards program will conclude on June 30, 2026, with the Token Generation Event (TGE) to follow immediately, rewarding users for trading, providing liquidity, and holding assets. The $GRVT token is slated to debut on Grvt's own spot market, with aggressive pursuit of Tier-1 centralized exchange listings underway.
Image source: Grvt
Grvt’s Key Metrics Reveal Significant Growth in Season 2
Notably, Grvt recorded strong growth across several key metrics during the ongoing Season 2 campaign. Total value locked (TVL) on the exchange increased from $11.3 million to $107.1 million, an 847% rise since the beginning of the season.
Open interest also expanded sharply, growing from $11.6 million to $484.1 million. Trading activity followed a similar trend, with cumulative double-sided trading volume reaching $393 billion, or $197 billion single-sided. Monthly trading volume also climbed steadily. The platform recorded $51.6 billion in January 2026, representing a 68% increase from October levels.
Growth rates reveal a similar trend, with each successive $50 billion increase in cumulative volume being attained faster than the previous, dropping from 51 days to 43 days, and then to 30 days. Monthly active traders exceeded 10,000 in January, a 76% jump and the exchange added more new wallets in the first five months of Season 2 than in the entire previous year.
“Launching $GRVT at the right moment has always mattered more to us than launching fast. We wanted the token to land on a platform that had already proven itself. The numbers speak for themselves,” said Grvt’s Co-Founder and CEO, Hong Yea.
Yea added that what matters most to Grvt is that the community that has contributed to this momentum benefits the most.
According to the announcement, current points holders will retain their existing share of rewards. The larger allocation mainly expands the total capacity for Grvt’s growing user base while preserving previously earned points.
At its core, the $GRVT token will enhance the user experience across all of Grvt’s verticals by serving as the membership key. Users who hold this utility token can unlock better trading fees, improved margin efficiency and advanced trading features.
In addition, Grvt members are positioned to receive priority access and higher allocations to investment vaults, better FX and on/off-ramp rates with cashback in $GRVT when using the Grvt Card in the future and enhanced APY and rewards in earning programs.
What’s Coming Before the Token Goes Live
Grvt plans several product releases ahead of the token launch. The exchange confirmed that native Layer-1 yield integration via Aave will launch soon, allowing traders to earn passive income on their digital assets.
Spot trading is also scheduled to go live by the end of April 2026. In addition, the company said it is securing liquidity partnerships with both institutional and retail market participants ahead of the token launch.
