I am watching GRVT and I think the market may be misunderstanding what it is actually building.
Most people focus on the yield, the trading volume, or the idea of earning while holding a balance. But the more interesting layer sits underneath. GRVT is trying to reduce the traditional tradeoff between custody and execution by combining self-custody, fast matching, and on-chain settlement in a single environment.
That matters because markets are often shaped by where capital is willing to stay. If users can keep assets productive without giving up control or sacrificing execution quality, liquidity behavior changes. Capital becomes less transient and more coordinated.
The story may not be about yield at all. It may be about creating infrastructure where trading, earning, and asset ownership stop competing for the same capital.
If that model works, the real value won't come from rewards. It will come from where liquidity decides to live.
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