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GRVT Stats 2026 — Live Volume, Open Interest & Fees

Live GRVT stats updated every minute: 24h volume, open interest, fees (-0.001% maker / 0.045% taker), and up to 50x leverage across 20+ pairs on zkSync.

Rating

7/10
Fees
7.5
Security
8
Features
7
Liquidity
6.5

Trading Info

Max Leverage50x
Maker Fee-0.001%
Taker Fee0.045%
Trading Pairs20+
Launch Date2024-06
Visit Exchange

Fee Comparison

Maker Taker
Lighter
0 bps
0.0 bps
Paradex
0 bps
0.0 bps
Variational
0 bps
0.0 bps
DESK
-1 bps
1.8 bps
SynFutures
1 bps
2.0 bps
Orderly Network
0 bps
3.0 bps
Drift Protocol
-0.25 bps
3.5 bps
Bluefin
1 bps
3.5 bps
Aster
1 bps
4.0 bps
Reya
1 bps
4.0 bps
Avantis
1 bps
4.0 bps
Hyperliquid
1 bps
4.5 bps
Hibachi
0 bps
4.5 bps
GRVT
-0.1 bps
4.5 bps
dYdX
1 bps
5.0 bps
EdgeX
2 bps
5.0 bps
Extended
2 bps
5.0 bps
Apex Omni
2 bps
5.0 bps
Based
2 bps
5.0 bps
Ostium
1 bps
5.0 bps
StandX
2 bps
5.0 bps
NADO
2 bps
5.0 bps
DreamCash
2 bps
5.0 bps
Pacifica
2 bps
5.0 bps
Antartic
2 bps
5.0 bps
GMTrade
2 bps
5.0 bps
MYX
1 bps
5.0 bps
GMX
4 bps
6.0 bps
Jupiter Perps
0 bps
6.0 bps
Kwenta
2 bps
6.0 bps
Aevo
5 bps
8.0 bps
Gains Network
8 bps
8.0 bps
Zeta Markets
2 bps
10.0 bps
GRVT vs market avg:
Maker cheaper (-1.6 bps)Taker higher (0.0 bps)

Advantages

  • Trail of Bits audit provides credible third-party security validation
  • zkSync ZK proof settlement gives cryptographic guarantees on all trade finality
  • Institutional-grade infrastructure appeals to professional and high-volume traders
  • Regulated entity status opens the door for institutional capital that cannot use unregulated DeFi

Considerations

  • Limited to 20 trading pairs, significantly fewer than leading competitors
  • Liquidity at the retail level remains shallow, with most depth driven by institutional market makers
  • Lower overall liquidity score reflects early-stage traction versus established order book DEXes

GRVT Review 2026

What GRVT is

GRVT launched in mid-2024 to serve pro trading desks that cannot use unregulated DeFi. The matching engine runs off-chain. Every trade settles on-chain via zkSync's ZK proof system. CEX-speed fills, on-chain finality.

The regulatory angle is real. GRVT holds a Bermuda DABA license. MiCA filings are pending in the EU. Most perp DEXes work in a grey zone. GRVT does not. The cost: KYC is required. No KYC, no account.

GRVT runs on zkSync Validium. This keeps your position size, entry price, and liquidation level off the public chain. Front-running and liquidation sniping are real risks on transparent chains. Validium prevents them by design. Transaction data is certified off-chain and never posted to Ethereum.

Security and audits

Trail of Bits audited GRVT's smart contracts. They rank among the top five audit firms in DeFi, along with Zellic, OpenZeppelin, Spearbit, and Quantstamp. Their method is manual, not just automated scans.

Validium adds more security on top. The exchange cannot drain funds on its own. Every state change needs a valid ZK proof to settle. That beats optimistic rollup systems, where bad exits can only be contested, not stopped in real time.

During the October 2025 liquidation cascade, over $19 billion in forced liquidations hit the market. GRVT stayed online with no downtime and no loss spread to users. That is strong evidence for any due diligence process.

Volume and market position

DefiLlama shows GRVT with over $69 billion in cumulative perp volume since launch. TVL peaked above $100 million in early 2026, then fell to near $60 million by April. That is far below Hyperliquid, which clears that volume in days, but ahead of most new institutional venues.

GRVT raised $19 million in a Series A in September 2025. ZKsync, Further Ventures, and EigenCloud led the round. That size is rare for a perp DEX not yet at retail scale. It shows real conviction in the institutional on-chain thesis.

Fees in detail

Maker fees on GRVT are negative: -0.01 bps. The protocol pays you to post orders. Takers pay 4.5 bps. On a $10,000 trade, that is $4.50. That beats Kwenta's 6 bps and Jupiter Perps' 6 bps. It ties Hyperliquid's standard 4.5 bps taker.

GRVT also pays yield on idle collateral via Aave. Traders can earn up to 10–11% APY on USDC sitting in their account. No other perp DEX we track does this. For a desk holding large USDC balances, that yield changes the cost math on every trade.

Use our fee calculator to compare GRVT's costs against other venues.

Trading experience

Sign-up requires KYC docs. The platform targets pro traders. You get a full CLOB with limit, market, and stop orders. Portfolio margining nets your exposure across all open positions. A long BTC hedged by a short ETH uses less margin than two separate isolated positions. For delta-neutral desks, that is a real capital saving.

Max leverage is 50x. Jupiter Perps allows 100x. GRVT does not.

Who GRVT is for

Professional desks with KYC clearance and large USDC balances. You want on-chain settlement but do not want your positions public. The Aave yield keeps idle cash working.

Retail traders or anyone who cannot clear KYC: this is not the right venue. Twenty pairs is a narrow menu. Orderly Network has 150 markets. Hyperliquid lists 150+.

Anyone who needs front-running protection at the protocol level: GRVT's Validium privacy is the only structural fix we have seen in ZK-based perp DEXes.

Information gain vs other sources

CoinGecko shows basic volume data. CoinDesk covers the funding rounds. Most reviews stop at "zkSync-based institutional DEX." The PerpFinder team adds:

- GRVT's Aave yield changes the true cost of capital vs venues where collateral sits idle — see our cost comparison tool - Validium privacy is different from standard zkSync Era transparency — most reviews miss this - GRVT's $60–100M TVL range fits compliant institutional venues, not retail DEXes — that tells you who is actually using it - Trail of Bits puts GRVT above the median audit standard for 2024-vintage perp DEXes

Check live funding rates and our perp DEX rankings to see where GRVT stands now.

PF

PerpFinder Research

Editorial Team

Editorial team tracking 30+ perpetual futures venues with live on-chain and exchange data.

Live data from DefiLlama, Coinalyze, exchange APIsNo paid inclusion or paid rankingsUpdated daily — fees, volume, OI tracked continuouslyOpen methodology — see /slik-tester-vi
Last reviewed: April 26, 2026Follow on X |Our Methodology

Affiliate Disclosure: This page contains affiliate links. We may earn a commission when you sign up through our links, at no extra cost to you. This does not influence our ratings or recommendations.

Risk Warning: Trading perpetual futures involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Only trade with funds you can afford to lose.

Key Features

Off-chain order matching with on-chain ZK settlementzkSync proof-based transaction finalityInstitutional account structureCEX-parity order types (limit, market, stop)Portfolio marginingRegulated entity with compliance framework

Audits

Trail of Bits

Frequently Asked Questions

What is the maximum leverage on GRVT?

GRVT supports up to 50x leverage on perpetual futures. The platform is designed for professional traders who prioritize reliable infrastructure over maximum leverage.

What are the trading fees on GRVT?

GRVT offers a maker rebate of -0.01 basis points (-0.0001%) and charges 4.5 basis points (0.045%) for takers. The maker rebate incentivizes liquidity provision, while the taker fee reflects the institutional-grade infrastructure and compliance framework.

How many trading pairs does GRVT offer?

GRVT currently lists approximately 20 trading pairs, a focused selection compared to larger competitors. Liquidity on supported pairs is primarily driven by institutional market makers.

How does ZK settlement work on GRVT?

GRVT uses zkSync's zero-knowledge proof system for settlement. The off-chain matching engine handles order routing at CEX-like speed, while every trade's final state is committed on-chain and proven with ZK proofs, ensuring cryptographic guarantees on all trade finality.

Who audited GRVT's smart contracts?

GRVT was audited by Trail of Bits, a firm with a strong reputation for rigorous smart contract and protocol security analysis. The zkSync settlement layer itself carries the additional security guarantees of ZK rollup architecture.

What institutional features does GRVT offer?

GRVT provides institutional account structure, portfolio margining for cross-position netting, and a regulated entity framework with compliance infrastructure. These features are designed for professional traders and firms with strict compliance requirements.

What order types does GRVT support?

GRVT supports CEX-parity order types including limit, market, and stop orders. The full order type coverage is designed to match what professional traders expect from a centralized exchange.

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Trading perpetual futures carries significant risk, including potential total loss of capital. Past performance is not indicative of future results.