ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf: Just ~$25M market cap vs $440B+ in perp volume 👀 Pretty interesting when you put those 2 numbers side by side. I checked @grvt_io's data on DefiLlama: → Cumulative perp volume: ~$442B → 30D trading volume: ~$14.2B → Open Interest: ~$430M → TVL: ~$34M Meanwhile, ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf's actual market cap is sitting around just $25M. Ofc, you can't simply compare trading volume to market cap and call a token undervalued. Perp volume is leveraged and doesn't directly translate into revenue. Plus, most of ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf's supply is still locked as I mentioned in my prev posts. But I think this is a setup worth watching. > GRVT already has meaningful trading activity. The bigger question is how much of that activity can translate into actual revenue and economic value for the token. (public revenue data isn't fully disclosed or independently trackable yet, so there's still more to watch) > The recent 1.1M ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf buyback was a first step, maybe to initiate sth 👀 > With GRVT 2.0 coming, I'll be watching actual revenue, capital retention, and whether the platform can attract more users. If the underlying business can grow faster than its valuation, ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf could see a rerating down the line imo. Still on my watchlist 💎

I don’t think I’ve spent this much time looking into a project as I have with @grvt_io lately, and the more I dig, the more I understand the bigger picture they’re building. At first, I was looking at the trading side. But GRVT Earn is what really got me curious. The Liquidity Provider chart shows a steady climb in share price, reaching around $1.14 on the all-time view. Beyond that, GRVT is exploring tokenized fixed-income strategies with target yields of up to 11% APY on eligible assets. And with Yield as Margin planned, eligible Earn balances could eventually support trading positions while continuing to generate yield. That’s what interests me most: the idea of making capital work across earning and trading instead of treating them as two separate things. Of course, I want to see how it performs in practice, and yields aren’t guaranteed. But I’m starting to see why GRVT 2.0 has my attention. There’s a bigger picture here, and I can't wait to see it come together.

1.1 million GRVT burned, but the "at the issuer's discretion" wording is doing a lot

It’s easy to keep adding features, ideas, and words. The hardest, and most important, part of a startup is simplifying. You have to understand the complexity before you can simplify it. The art is knowing what to leave out so the value is clear to the customer.

It was one of those projects, as far as i can remember, that kept delaying its TGE so many negative chatters were there that timee Yeah @grvt_io ! But they've been building quietly and now the first real on chain action is out They just completed their first buyback > 1.1M GRVT bought on the open market and permanently burned > Close to 1% of circulating supply at the time. Good that the tokens didn't go into a treasury instead went straight to a burn address. A treasury can still move later but a burn can't Also, there's a public dashboard with the hashes so you can actually verify it yourself. Further buybacks are intended monthly but size and timing stay at the issuer's discretion Yield as margin looks interesting too me actually, using eligible earn balances as trading margin while they keep earning Check the article for more details GGs on actually shipping something!!

Had a post idea to shit on DeFi as: 1) exploits increasing and 2) DeFi's 'low-risk' yields are back near where they were a few years ago. Aave USDC avg. yield on Ethereum: • 2023: 2.74% • 2024: 6.57% • 2026: 3.27% With short term US tbills at 4.14%, why take extra smart contract risk for lower yields? But this post is about Defi SUCCEEDING. A lot of ppl don't have access to any yield. 1.3B adults don't even have banks accounts less buy us treasuries So I think we should continue to push the low risk DeFi. We onboard more users to crypto, they learn about self-custody and will end up buying tokens to become our exit liquidity. win win

Blockchain cuts out layers of middlemen. But no one has built the consumer app that does for everyone what private banks do for the wealthy: earn yield, borrow against your assets, access global markets. DeFi has the rails. What's missing is the consumer app built on those rails.

Imagine your money sits in a bank making only 3% a year. You move it to Grvt with one click. It becomes USDC. Now it’s making 11%. With the same money, you can trade US single stocks, indices, commodities, FX. 10x leverage. Funding cost is single digit annualized. 0 fee trading. And your balance is still making 11% while you trade. And it’s designed to be safer than your bank. And your neighbor can use it because it’s so simple. That’s what we’re building.

Saving has failed this generation, so we built Aave App to fix that.

亲爱的，一个交易平台赚到钱之后，会怎么用这笔钱呢？ 月光看到 $GRVT @Grvt_io 的公告，发现它把平台收入和代币回购联系起来了 按照项目方披露，GRVT 已经启动每月回购销毁机制，资金来自平台毛利润，首轮也已经永久销毁了 110 万枚 $GRVT 这也让接下来的产品发布，多了一个值得观察的角度呢！ 接下来的六个星期，GRVT 计划陆续推出四款产品，并且还会在 11 月 30 日上线 GRVT 2.0 它想把交易、收益和投资放进同一个入口，逐步做成一款完整的链上投资应用 对用户来说，产品好不好用、能不能满足日常需求，才是愿不愿意留下来的原因 对 $GRVT 来说，这些新功能如果能带来更多真实使用，并转化为收入，后续回购才有持续的资金来源 产品上线 → 用户使用 → 收入增长 → 回购销毁，整个逻辑很清楚！ 我觉得首轮 110 万枚销毁是一个开始，等11 月 30 日之前的产品落地，也会让这条增长路径更清晰啦～

看来GRVT @grvt_io 也坐不住了， 我扫了一眼，最近动静有点大😍 接下来六周要发四个产品，最后全压到 11 月 30 号的 GRVT 2.0 上了 它现在不太想只被当成一个永续合约 DEX了，想做点其他东西 GRVT 2.0 是想把交易、赚收益、投资都塞进一个 App，有点像链上的 Robinhood 还有点做的很好，开始每月回购销毁了，用平台毛利润买，买完直接烧，第一批已经烧了 110 万枚 ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf 说白了就是，产品越多，用的人越多，赚的越多，能烧的也越多，闭环就跑起来了 它前面也不是白干的，前 120 天交易量 50 多亿美金，1 月单月已经510 亿了 ，底层结算、撮合那些搞了好几年 这个方向真的可以，又把交易、收益、投资串成了一个闭环，还在真金白银回购销毁，六周后的 2.0 是个关键节点，大家可以一起来盯一下了，看看到时候2.0活跃度有多高

Imagine fading this chart. Couldn't be me. Up almost 100% vs $ETH in 6 weeks. $GRVT

𝗚𝗠 🚨 𝗪𝗛𝗬 𝗟𝗘𝗧 𝗬𝗢𝗨𝗥 𝗧𝗥𝗔𝗗𝗜𝗡𝗚 𝗕𝗔𝗟𝗔𝗡𝗖𝗘 𝗦𝗜𝗧 𝗜𝗗𝗟𝗘? 👀 Many of you saw me buy ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf on @fomo. Here’s why it caught my attention 👇 1️⃣ TRADE + EARN Earn up to 11% APY while keeping funds usable as margin. No lockup. Terms and risks apply. 2️⃣ MULTIPLE MARKETS, ONE BALANCE Trade crypto, tokenized stocks, gold and oil. RWA trading comes with zero fees, plus limit orders that get paid. RWA funding updates once daily, instead of every 4–8 hours like many perp markets. 3️⃣ WHY ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf? Fixed 1B token supply, with no new minting. Holder perks include better fees, higher vault allocations, priority access to new products and payment benefits. GRVT also has a monthly buyback mechanism, check the official details to understand its funding and impact. My take: I look for products with real utility, not just hype. GRVT is still early, and ethereum:0xad29f2723fcdbcf665f210f25e06f97477e417cf is volatile. DYOR. NFA. 🫡

1.1M GRVT bought back and burned. Close to 1% of circulating supply. First of many, every month. This is step one of five on the road to Grvt 2.0, the first investing app built fully onchain, arriving end of November. Since TGE we’ve been focused on building. Starting today, we are releasing one by one. ↓