Grvt (pronounced gravity), a privacy-centered decentralized exchange developed on its own ZKsync-based zero-knowledge appchain, has announced the schedule of its upcoming $GRVT token launch and the addition of tokens reserved for the community.
Under the revised plan, the allocation for season 2 participants will increase from 12% to 18%. This will raise the total community airdrop from 22% to 28%.
The exchange stated that Season 2 of its community rewards program will end on June 30, 2026, and the token generation event (TGE) is expected to occur soon after. Participants are rewarded based on trading activity, liquidity provision and holding assets on the exchange.
At launch, the token will trade on Grvt’s spot market, with the company also pursuing listings on several Tier 1 centralized exchanges.
The total token supply is fixed at 1,000,000,000 tokens (1 billion $GRVT), with no additional issuance beyond that cap. Once the token goes live, 28% will be channeled towards the community and airdrop allocation. The remaining 72% will be distributed across the team, investors, and the broader ecosystem on a scheduled basis designed to prioritize long-term alignment.
It is also worth highlighting that this anticipated token structure is subject to applicable terms and necessary modifications.
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.