Key Takeaways
- • GRVT launched on Bybit as a self-custodial onchain wealth platform, enabling users to hold, trade, and earn yield on digital assets without intermediaries, directly addressing post-FTX demand for non-custodial trading infrastructure.
- • Platform combines perpetual futures trading across crypto, equities, and real-world assets (RWA) on zkSync Layer 2, leveraging improved execution quality and capital efficiency that Layer 2 scaling solutions now enable.
- • GRVT has raised $9.3 million to date and introduced "Strategies," the first compliant peer-to-peer investment product allowing direct engagement between investors and strategy managers entirely on-chain.
- • Perpetual DEX market share has expanded from under 2% of total crypto perpetuals volume in early 2023 to over 10% by March 2026, reflecting structural tailwinds including FTX's collapse, Layer 2 maturation, and growing institutional recognition of onchain derivatives.
- • Platform operates with a unified self-custodial balance where users' capital performs multiple functions simultaneously—saving, earning yield, investing, and trading—without requiring asset transfers between systems.
Summary
GRVT's listing on Bybit represents a significant milestone in the evolution of decentralized derivatives infrastructure and self-custodial wealth management. The platform positions itself as the first official self-custodial, centralized exchange built on zkSync, combining perpetual futures trading with real-world asset exposure and yield generation capabilities. This launch directly capitalizes on structural market shifts accelerated by the FTX collapse, which intensified institutional and retail demand for non-custodial trading solutions that eliminate counterparty risk inherent in centralized exchanges.
The platform's core innovation centers on a unified self-custodial balance architecture, where user capital simultaneously functions as savings, yield-generating collateral, investment capital, and trading margin without requiring transfers between separate accounts. Users retain private possession and control of their assets throughout all transactions—trading crypto and equity perpetuals, accessing tokenized real-world assets, and deploying capital across integrated financial services. This design reflects a fundamental shift toward what the platform describes as "composable onchain wealth," addressing the security and privacy concerns that dominated institutional sentiment following exchange collapses.
GRVT's strategic positioning within the perpetual DEX market occurs amid explosive sector growth. Perpetual decentralized exchange volume has expanded from representing less than 2% of total crypto perpetuals volume in early 2023 to over 10% by March 2026, according to The Block and DeFiLlama data. This expansion reflects both increased retail participation and growing institutional adoption of onchain derivatives as viable alternatives to centralized venues, driven by Layer 2 scaling solutions that now enable execution quality previously impossible onchain. Perpetual contracts themselves—with indefinite duration, continuous funding rate mechanics, and integrated leverage—offer structural advantages in capital efficiency and operational simplicity compared to dated futures products.
The platform has also introduced "Strategies," described as the world's first compliant peer-to-peer investment product, where all transactions occur on-chain and remain non-custodial. This feature allows investors to engage directly with strategy managers without intermediaries, expanding GRVT's addressable market beyond derivatives traders to wealth management clients seeking managed exposure. Having raised $9.3 million to date, GRVT is developing infrastructure that bridges crypto perpetuals, equities derivatives, and emerging tokenized real-world asset (RWA) markets—positioning the platform at the intersection of the two fastest-growing Web3 sectors according to available market analysis.
The platform's core innovation centers on a unified self-custodial balance architecture, where user capital simultaneously functions as savings, yield-generating collateral, investment capital, and trading margin without requiring transfers between separate accounts. Users retain private possession and control of their assets throughout all transactions—trading crypto and equity perpetuals, accessing tokenized real-world assets, and deploying capital across integrated financial services. This design reflects a fundamental shift toward what the platform describes as "composable onchain wealth," addressing the security and privacy concerns that dominated institutional sentiment following exchange collapses.
GRVT's strategic positioning within the perpetual DEX market occurs amid explosive sector growth. Perpetual decentralized exchange volume has expanded from representing less than 2% of total crypto perpetuals volume in early 2023 to over 10% by March 2026, according to The Block and DeFiLlama data. This expansion reflects both increased retail participation and growing institutional adoption of onchain derivatives as viable alternatives to centralized venues, driven by Layer 2 scaling solutions that now enable execution quality previously impossible onchain. Perpetual contracts themselves—with indefinite duration, continuous funding rate mechanics, and integrated leverage—offer structural advantages in capital efficiency and operational simplicity compared to dated futures products.
The platform has also introduced "Strategies," described as the world's first compliant peer-to-peer investment product, where all transactions occur on-chain and remain non-custodial. This feature allows investors to engage directly with strategy managers without intermediaries, expanding GRVT's addressable market beyond derivatives traders to wealth management clients seeking managed exposure. Having raised $9.3 million to date, GRVT is developing infrastructure that bridges crypto perpetuals, equities derivatives, and emerging tokenized real-world asset (RWA) markets—positioning the platform at the intersection of the two fastest-growing Web3 sectors according to available market analysis.
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