Grvt (pronounced “Gravity”), a privacy-focused decentralized exchange powered by its zero-knowledge appchain on zkSync, has announced the timeline for its Token Generation Event (TGE) along with an expanded community token allocation ahead of launch.

Season 2 will conclude on June 30, 2026, with the $GRVT TGE expected shortly afterwards.

At launch, the token will be tradable on Grvt’s own spot market, while listings on Tier-1 centralized exchanges are also being pursued.

The announcement comes as platform activity continues to expand across several key metrics during Season 2.

Total value locked (TVL) has risen 847%, climbing from $11.3 million to $107.1 million.

Open interest has increased 42-fold, from $11.6 million to $484.1 million.

Cumulative trading volume has surpassed $393 billion double-sided (or $197 billion single-sided), with monthly trading volume rising 68% since October to reach a record $51.6 billion in January 2026.

Growth has also accelerated over time. Each successive $50 billion milestone in cumulative trading volume was reached more quickly—first in 51 days, then 43 days, and most recently 30 days.

Monthly active traders exceeded 10,000 in January, representing a 76% increase since the start of Season 2, while the number of new wallets added in the first five months of the season surpassed the total recorded throughout the previous year.

GRVT’s token structure

The $GRVT token will have a fixed total supply of 1 billion tokens, with no inflation beyond that cap.

Within the Grvt ecosystem, the token is designed to function as a membership layer that enhances the user experience across the platform’s various products and services.

Holding $GRVT provides benefits such as lower trading fees, improved margin efficiency, and access to advanced trading features.

Token holders will also receive priority access and higher allocations for investment vaults, enhanced APY and rewards across earning programs, and improved foreign exchange and on/off-ramp rates.

In the future, users will also be able to receive cashback in $GRVT when using the planned Grvt Card.

At the Token Generation Event, 28% of the total supply will be allocated entirely to the community.

The remaining 72% will be released according to a structured schedule intended to maintain long-term alignment among the team, investors, and the broader ecosystem.

The token framework remains subject to applicable terms and potential adjustments.

The allocation reserved for Season 2 participants will increase from 12% to 18% of the total $GRVT supply, raising the overall community and airdrop allocation from 22% to 28%.

Existing points holders will retain their current share, while the larger allocation expands participation capacity for a growing user base without diluting previously earned points.

Participants have until June 30, 2026 to engage with Season 2 of the $GRVT airdrop program before the current window closes.

“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. But what matters most to us is that the community that built this momentum is the one that benefits from it most,” said Hong Yea, Co-Founder & CEO, Grvt.

The road to TGE

Alongside the Token Generation Event timeline, Grvt outlined several product milestones scheduled before launch.

As reported earlier, yield program through the platform’s Aave integration is expected to roll out soon, while spot trading is targeted to go live by the end of April 2026.

The exchange is also securing liquidity partnerships with both institutional and retail participants to support market depth and launch readiness ahead of the TGE.

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