July’s TGE projects worth looking forward to: the GRVT @grvt_io spot trading pair has already quietly gone live. The first trading pair is USDC/USDT, which means: Grvt’s spot trading layer has already started running.
I think there are a few layers of meaning:
1️⃣ Expanding spot trading scenarios:
Provide scenarios for spot trading of various assets later, such as US stocks and crypto;
2️⃣ Preparing for the TGE:
If in the future $GRVT also launches spot trading, then this launch won’t be just a small feature—it will be the first foundation block of the entire trading ecosystem.
This project has been added to Coinbase’s roadmap 👀
$GRVT is expected to list on 7/21. On Polymarket, the probability of “FDV exceeding $300 million on the day after listing” has reached about 60%, and attention has increased significantly.
In pre-market trading, current trades are at $3.35 (FDV $335 million).
GRVT’s interesting aspects mainly come down to two:
✅ 「Compliance-first perpetual DEX」
Built-in BMA Class M license, KYC, and AML make it easier to attract institutional investors, market makers, and enterprise users.
Unlike permissionless designs like Hyperliquid, it balances compliance with self-custody and is more CeDeFi-oriented.
However, regions like the US, Hong Kong, and Singapore are restricted areas, so it isn’t a fully global permissionless DEX.
✅ 「No idle trading capital」 mechanism
Grvt uses a single balance to simultaneously handle trading margin, earn yield, and treasury investments.
Simply depositing can earn USDT balance interest at an annualized 3.5% (up to 4.5%).
In addition, depositing into the automatically operated Vault (GLP) (delta-neutral) will also earn an annualized 12% yield.
For users who want to both trade and earn yield, this is especially attractive.
⭐️ Conclusion
If the token economic model allows the token to become the key to trading fee discounts, APY boosts, and GLP share incentives, then the upside expectations will rise dramatically.
#grvt
I think there are a few layers of meaning:
1️⃣ Expanding spot trading scenarios:
Provide scenarios for spot trading of various assets later, such as US stocks and crypto;
2️⃣ Preparing for the TGE:
If in the future $GRVT also launches spot trading, then this launch won’t be just a small feature—it will be the first foundation block of the entire trading ecosystem.
This project has been added to Coinbase’s roadmap 👀
$GRVT is expected to list on 7/21. On Polymarket, the probability of “FDV exceeding $300 million on the day after listing” has reached about 60%, and attention has increased significantly.
In pre-market trading, current trades are at $3.35 (FDV $335 million).
GRVT’s interesting aspects mainly come down to two:
✅ 「Compliance-first perpetual DEX」
Built-in BMA Class M license, KYC, and AML make it easier to attract institutional investors, market makers, and enterprise users.
Unlike permissionless designs like Hyperliquid, it balances compliance with self-custody and is more CeDeFi-oriented.
However, regions like the US, Hong Kong, and Singapore are restricted areas, so it isn’t a fully global permissionless DEX.
✅ 「No idle trading capital」 mechanism
Grvt uses a single balance to simultaneously handle trading margin, earn yield, and treasury investments.
Simply depositing can earn USDT balance interest at an annualized 3.5% (up to 4.5%).
In addition, depositing into the automatically operated Vault (GLP) (delta-neutral) will also earn an annualized 12% yield.
For users who want to both trade and earn yield, this is especially attractive.
⭐️ Conclusion
If the token economic model allows the token to become the key to trading fee discounts, APY boosts, and GLP share incentives, then the upside expectations will rise dramatically.
#grvt