Grvt Sets $GRVT Token Launch for Q3 2026, Expands Community Airdrop to 28%

Grvt has released the timeline of its $GRVT TGE, confirming that Season 2 of its rewards program will close on June 30, 2026, with the TGE scheduled to occur shortly afterward.

This privacy-focused decentralized exchange, which operates on its own zero-knowledge appchain, has also announced an expanded airdrop and community allocation. The share reserved for Season 2 participants will increase from 12% to 18%, raising the total portion allocated to the community from 22% to 28% of the fixed $1 billion GRVT supply.

The remaining 72% of the token supply will follow a structured release schedule intended to align long-term interests among investors, team, and the wider ecosystem.

At launch, Grvt plans to list $GRVT on its native spot market. The announcement also noted that the team is working toward listings on Tier-1 centralized exchanges to expand market access and liquidity. According to Grvt’s Co-Founder and CEO, Hong Yea, the timing of the TGE aligns with the exchange’s intention to launch the token into a more developed ecosystem. 

“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,” said Yea. 

Grvt has seen significant momentum during Season 2 across key metrics, according to DeFi Llama: total value locked (TVL), trading volume, and user participation. TVL increased from $11.3 million to $107.1 million, an 847% rise since the season began. Open interest grew from $11.6 million to $484.1 million, representing a 42-fold increase over the same period.

Grvt also recorded $393 billion in cumulative trading volume on a double-sided basis, equal to $197 billion on a single-sided basis. Monthly trading activity reached $51.6 billion in January 2026, up 68% since October. The metrics further reveal that each additional $50 billion in cumulative volume arrived at a faster pace, with the first one at 51 days, followed by 43 days and finally 30 days.

More than 10,000 monthly active traders used the platform in January, marking a 76% increase since the start of Season 2. New wallet creation during the first five months of the season also exceeded the previous year’s total, indicating higher adoption across its ecosystem.

Following the expansion of the community allocation, the announcement clarified that existing point holders will retain their current proportional share within the airdrop structure. The initiative aims to support a growing user base while protecting previously earned rewards. 

“What matters most to us is that the community that built this momentum is the one that benefits from it most. $GRVT is designed from the ground up to pay you back for every contribution you make to this ecosystem,” added Yea. 

$GRVT is designed to operate as the membership key for Grvt’s ecosystem, unlocking reduced trading fees, improved margin efficiency, and access to advanced trading tools. Holders will also receive higher allocations in investment vaults, enhanced APY opportunities, and future cashback rewards through the Grvt Card.

The company plans several product rollouts ahead of the token launch. Native Layer-1 yield via an integration with Aave will go live soon, enabling passive yield generation for Grvt users. Spot trading is expected to launch by the end of April 2026, and the exchange continues to secure institutional and retail liquidity partnerships to prepare for the TGE.