Been digging into @grvt_io lately and honestly the model makes sense to me as a perp trader. Instead of just being another CEX-vs-DEX debate, GRVT lets your collateral earn yield on Ethereum while it's still working as trading margin — capital isn't sitting idle between trades. Combine that with zk-based self-custody so you're not trusting a black box with your funds, plus sub-second execution that doesn't feel like a typical DEX. With TVL and open interest both scaling fast this season and the $GRVT TGE approaching, this is one I'm watching closely for the utility angle (fee discounts, margin efficiency) rather than just the airdrop. #grvt