PANews, March 12: According to The Block, the decentralized hybrid exchange GRVT plans to conduct its GRVT token TGE shortly after the Season 2 incentive campaign ends on June 30. The allocation for the community and airdrop will be increased from the originally planned 22% to 28%, with the portion for Season 2 participants rising from 12% to 18%. The total supply is set at 1 billion tokens. GRVT operates on the ZKsync application chain, combining on-chain settlement with a centralized-like trading experience. The platform’s TVL has grown from $11.3 million to $107.1 million, open interest has increased from $11.6 million to $484.1 million, cumulative two-way trading volume has reached $393 billion, and active trading users surpassed 10,000 in January 2026. The project plans to integrate Aave to offer L1 yield and aims to launch spot trading by the end of April.
GRVT Increases Community Airdrop Allocation and Confirms TGE Timeline
PANewsShare
Summary
On-chain news outlet PANews reports that the decentralized hybrid exchange GRVT has increased its community and airdrop allocation from 22% to 28%. The Token Generation Event (TGE) will follow the Season 2 incentive program, which ends on June 30. Participants in Season 2 now receive an 18% allocation. The total supply is 1 billion tokens. Built on ZKsync, GRVT combines on-chain settlement with centralized trading. TVL has risen to $107.1 million, and open interest has reached $484.1 million. Cumulative trading volume has hit $3.93 trillion. Active traders surpassed 10,000 in January 2026. Aave integration and spot trading are planned for late April, with new token listings to follow key upgrades.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.