GRVT increases community airdrop share and confirms TGE token time window

PANews reported on March 12th that, according to The Block, decentralized hybrid exchange GRVT plans to issue its GRVT token TGE shortly after the Season 2 incentive event ends on June 30th. The community and airdrop allocation will be increased from the originally planned 22% to 28%, with Season 2 participants receiving an additional 18% allocation, and a total supply of 1 billion tokens. GRVT is based on the ZKsync application chain and employs a hybrid model combining on-chain settlement with a quasi-centralized trading experience. Currently, the platform's TVL has increased from $11.3 million to $107.1 million, open interest has increased from $11.6 million to $484.1 million, and cumulative bilateral trading volume has reached $393 billion. Active trading users are projected to surpass 10,000 by January 2026. The project will subsequently integrate with Aave to provide L1 yield and plans to launch spot trading by the end of April.