Grvt (pronounced “Gravity”), a privacy-focused decentralized exchange built on a zkSync-based zero-knowledge appchain, has officially set the timeline for its Token Generation Event (TGE) and significantly increased the token allocation for its community. The project announced that Season 2 of its airdrop program will conclude on June 30, 2026, with the $GRVT TGE expected to follow shortly thereafter.
The total supply of $GRVT will be fixed at 1 billion tokens with no inflation. In a major shift, the total community and airdrop allocation has been increased from 22% to 28% of the total supply. Specifically, the share reserved for Season 2 participants has been raised from 12% to 18%. Existing points holders will retain their current share, with the expanded allocation designed to accommodate a growing user base without diluting previously earned rewards. Participants have until June 30, 2026, to engage with Season 2.
The token is designed as a membership layer within the Grvt ecosystem, providing holders with tangible benefits. These include lower trading fees, improved margin efficiency, access to advanced trading features, priority access and higher allocations for investment vaults, enhanced APY across earning programs, and better foreign exchange and on/off-ramp rates. Future plans include a Grvt Card that will offer cashback in $GRVT.
The announcement comes amid explosive growth in key platform metrics during Season 2. Total Value Locked (TVL) surged by 847%, climbing from $11.3 million to $107.1 million. Open interest increased 42-fold, from $11.6 million to $484.1 million. Cumulative double-sided trading volume has surpassed $393 billion ($197 billion single-sided), with monthly volume hitting a record $51.6 billion in January 2026—a 68% increase since October. Monthly active traders exceeded 10,000 in January, a 76% rise since the start of Season 2.
"Launching $GRVT at the right moment has always mattered more to us than launching fast," said Hong Yea, Co-Founder & CEO of Grvt. "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."
Ahead of the TGE, Grvt is rolling out several product milestones. A yield program via an Aave integration is expected soon, and native spot trading on the platform is targeted to go live by the end of April 2026. The exchange is also securing liquidity partnerships with institutional and retail participants to ensure market depth and launch readiness.
