TL;DR
As GRVT moves closer to launching its token, the project is making a bigger bet on its growing community. The privacy-focused decentralized exchange said the share reserved for Season 2 participants will rise from 12% to 18%, lifting the total community airdrop allocation from 22% to 28%. Season 2 is scheduled to end on June 30, 2026, with the token generation event expected soon afterward. Total supply is fixed at 1 billion tokens, with no issuance planned beyond that cap, while launch trading is set to begin directly on the platform’s own spot market.
— Grvt (@grvt_io) March 12, 2026
The increase lands as GRVT tries to reward growth without diluting earlier contributors. Existing points holders will keep their current share of rewards, while the larger allocation mainly creates more room for the exchange’s expanding user base. Participants continue to earn through trading activity, liquidity provision and holding assets on the platform. Beyond the airdrop itself, the token is being positioned as a membership key across the exchange, unlocking lower trading fees, better margin efficiency and access to more advanced trading features once $GRVT goes live. Priority access to vaults is also included for members.
That community-first shift is arriving alongside a striking acceleration in GRVT’s operating metrics. Total value locked climbed from $11.3 million to $107.1 million during Season 2, an 847% increase. Open interest also surged from $11.6 million to $484.1 million, while cumulative double-sided trading volume reached $393 billion, equal to $197 billion on a single-sided basis. Monthly trading volume hit $51.6 billion in January 2026, up 68% from October levels, and monthly active traders topped 10,000, marking a 76% jump as new wallet growth outpaced the entire previous year, during the campaign’s strongest stretch yet overall.
Before the token launches, GRVT is also trying to further broaden the product stack around the exchange. Native Layer-1 yield integration through Aave is expected soon, giving traders a way to earn passive income on digital assets held on the platform. Spot trading is scheduled to go live by the end of April 2026, and the company said it is securing liquidity partnerships with both institutional and retail market participants ahead of launch. Together, those steps suggest GRVT wants the token to enter a platform already showing deeper liquidity, broader utility and stronger user traction.
