Among the market makers that have committed to delivering this trading volume are well-known firms such as Galaxy Trading Asia, DV Chain, CMS, and others. GRVT’s co-founder and CEO, Hong Yea, credited the platform’s hybrid technological stack for attracting this substantial commitment.

GRVT’s Hybrid Approach: Combining CeFi and DeFi

GRVT is designed to merge the benefits of centralized finance (CeFi) and decentralized finance (DeFi). Speaking in an interview, Yea emphasized the platform’s unique value proposition, saying:

“To truly combine the best of CeFi and DeFi and create the ultimate trading experience, we use blockchain for settlement while keeping trading infrastructure, such as the order book, off-chain.”

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This approach aims to offer users a more seamless experience, overcoming one of the primary issues plaguing DeFi—its steep learning curve. Many crypto beginners gravitate toward centralized exchanges due to the complexity of decentralized solutions, according to Yea.

Bridging the Gap Between CeFi and DeFi

Yea acknowledged that despite DeFi’s potential, it remains difficult for many users to navigate, driving them to rely on centralized exchanges. GRVT aims to address this by combining the efficiency of traditional finance (TradFi) with blockchain’s secure settlement, all while striving to provide a user-friendly experience similar to that of Web2.

Strategic Collaborations with Leading Market Makers

Ahead of its full launch, GRVT has partnered with 16 leading market makers, who are also known as liquidity providers. These include major players like Ampersan, Amber Group, IMC, Flow Traders, Pulsar, QCP, and Selini, among others.

Yea highlighted that these collaborations mark an important milestone in GRVT’s mission to offer a comprehensive trading platform, saying:

“These partnerships are a critical step towards our goal of creating an open, trustless environment where users can trade, deploy investment strategies, and generate self-custodial wealth through exchange liquidity, smart contracts, and community-driven distribution.”

GRVT’s Mainnet and Growing User Base

The platform has been in an open beta testnet since August 5, with over 2.5 million users currently on its waitlist. While the $3.3 billion monthly volume commitment is a significant achievement for GRVT, it is still a small fraction compared to Binance, the world’s largest exchange, which saw over $484 billion in monthly trading volume in August, according to Newhedge data.

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If you’re looking for a reliable and scalable solution for crypto trading, you should try GRVT, the first project using Validium technology. Additionally GRVT is not just an exchange; it stands out as a Hybrid Exchange allowing you to trade with your own control and privacy without compromising on speed and security.

What is Validium?

Validium is a Layer 2 scaling solution that allows transactions to be executed and validated over the main blockchain, reducing congestion and increasing privacy. Validium, despite the fact that the transactions are not recorded on the main chain, works to ensure their accuracy and security with zero knowledge proofs. Thus, Validium offers the best features of both worlds, off-chain efficiency and on-chain security.

What is GRVT?

GRVT is a hybrid crypto exchange aiming to offer the efficiency of centralized exchanges with the self-custody features of decentralized exchanges. Also this hybridity will be provided by a blend of off-chain order matching and on-chain settlements. Furthermore, GRVT’s central limit order book will rapidly match trade orders off-chain, achieving an impressive transaction speed of 600,000 per second and maintaining a latency of under two milliseconds. So smart contracts deployed on the high-performance Layer-2 blockchain, zkSync Era, will settle purchases and sales on-chain, ensuring transparency and accuracy.

They claim that GRVT will compete directly with centralized exchanges like Binance and OKX. They say the platform will start with crypto perpetual futures and options trading in January and add spot trading support around April.

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How Does GRVT Work?

You don’t need to trust a third party or worry about hacking or theft. You can also trade in privacy; this means your transactions cannot be seen by anyone, including GRVT. Thanks to Validium’s off-chain scalability, you can enjoy fast and cheap trading. You can trade securely thanks to Validium’s on-chain verification.

GRVT Exchange with Possible Airdrop

We’ll be chasing a possible airdrop by being among the first to sign up for this newly emerged exchange. Use our invitation link to earn an extra 10 GRVT during the initial account opening.

• Click here to go to the website and click “PERSONAL”.

• Enter your email address

• In the final step, we will receive a verification to the email address we entered, and by confirming that, we will complete the login.

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