🚀 GRVT Secures $3.3 Billion Monthly Trading Volume Ahead Of Mainnet Launch
#GRVT #cryptocurrency #tradingplatform #monthlytradingvolume #mainnetlaunch #marketmakers #blockchain #CeFi #DeFi #tradingexperience
According to BlockBeats, on September 9, cryptocurrency trading platform GRVT announced that it has secured contracts for a monthly trading volume of $3.3 billion ahead of its mainnet launch.
The hybrid cryptocurrency trading platform has signed agreements with prominent market makers such as Galaxy Trading Asia Limited, DV Chain, and CMS. These market makers have committed to providing a monthly trading volume of $3.3 billion.
GRVT co-founder and CEO Hong Yea attributed this achievement to the platform's hybrid technology architecture. Discussing GRVT's value proposition compared to other centralized exchanges (CEX), Yea stated, 'To truly combine the advantages of CeFi and DeFi and create the ultimate user trading experience, the solution is to use blockchain for settlement while keeping the trading infrastructure or order book off-chain.'#GRVT #cryptocurrency #tradingplatform #monthlytradingvolume #mainnetlaunch #marketmakers #blockchain #CeFi #DeFi #tradingexperience
🚀 GRVT Secures Regulatory Approval From Bermuda Financial Authority
#GRVT #BermudaFinancialAuthority #cryptocurrency #digitalasset #DEX #regulatoryapproval #blockchain #sandbox #businessdevelopment #compliance
According to PANews, hybrid cryptocurrency exchange GRVT has recently received regulatory approval from the Bermuda Monetary Authority (BMA). The company announced that it has been granted a modified (M) digital asset business license, enabling it to operate as a regulated decentralized exchange (DEX).
GRVT's co-founder and CEO, Hong Yea, stated that after obtaining the initial M-class license under the Bermuda Digital Asset Business Act (DABA), the exchange aims to secure a full (F) class license by mid-2025. The company plans to further expand its operations within a sandbox environment, which allows for controlled testing and development of new business models and technologies. This strategic move is part of GRVT's broader efforts to enhance its regulatory compliance and operational capabilities in the evolving digital asset landscape.#GRVT #BermudaFinancialAuthority #cryptocurrency #digitalasset #DEX #regulatoryapproval #blockchain #sandbox #businessdevelopment #compliance
🚀 Perpetual DEX Trading Volumes Surge with Significant Weekly Increases
#BlockBeats #PerpetualPulse #Dune #PerpetualDEX #TradingVolumes #DEXMarket #Aster #Hyperliquid #Lighter #edgeX #Backpack #Paradex #GRVT #TVL
According to BlockBeats, recent data from perpetualpulse and Dune highlights notable activity in the decentralized exchange (DEX) market. Aster reported a 24-hour trading volume of approximately $42.88 billion, marking a 1994% increase over the past week, with a total value locked (TVL) of around $2.32 billion, supporting 42 trading pairs.
Hyperliquid's trading volume reached about $17.16 billion in the last 24 hours, showing a 75.2% rise over the week, with a TVL of approximately $5.716 billion and 180 trading pairs available.
Lighter recorded a 24-hour trading volume of $5.78 billion, with a 109% increase over the past seven days, and a TVL of about $680 million, supporting 71 trading pairs.
edgeX experienced a 24-hour trading volume of $3.42 billion, with a 213% weekly increase, and a TVL of around $250 million, offering 84 trading pairs.
Backpack's 24-hour trading volume was approximately $1.44 billion, though its TVL remains undisclosed, supporting 33 trading pairs.
Paradex reported a 24-hour trading volume of $820 million, with a 44.8% increase over the past week, and a TVL of about $100 million, supporting 62 trading pairs.
GRVT saw a 24-hour trading volume of $486 million, with a 221% increase over the week, and a TVL of approximately $11.29 million, supporting 27 trading pairs.#BlockBeats #PerpetualPulse #Dune #PerpetualDEX #TradingVolumes #DEXMarket #Aster #Hyperliquid #Lighter #edgeX #Backpack #Paradex #GRVT #TVL
🚀 Grvt Unveils Economic Model for GRVT Token with 1 Billion Supply
#Grvt #EconomicModel #GRVTToken #TokenGeneration #1BillionSupply #NS3AI #DecentralizedExchange
Grvt, a decentralized contract exchange, has announced the complete economic model for its GRVT token, which will have a total supply of 1 billion tokens. According to NS3.AI, the token generation event has been rescheduled to the end of June.#Grvt #EconomicModel #GRVTToken #TokenGeneration #1BillionSupply #NS3AI #DecentralizedExchange
🚀 Perp DEX Platforms Experience Decline in Trading Volume
#PerpDEX #TradingVolume #DeFi #OpenInterest #Hyperliquid #EdgeX #Aster #Lighter #Grvt #Pacifica
On March 26, trading volumes across major Perp DEX platforms have seen a decline, according to BlockBeats. Data from DefiLlama indicates that while trading volumes have decreased, the open interest remains high. Hyperliquid's trading volume fell by approximately 11%, with little change in its open interest, which remains elevated.
The latest rankings for platform trading volumes are as follows:
Hyperliquid: 24-hour trading volume is approximately $7.03 billion, with open interest around $7.06 billion.
EdgeX: 24-hour trading volume is approximately $3.03 billion, with open interest around $1.20 billion.
Aster: 24-hour trading volume is approximately $2.03 billion, with open interest around $1.92 billion.
Lighter: 24-hour trading volume is approximately $2.00 billion, with open interest around $690 million.
Grvt: 24-hour trading volume is approximately $1.48 billion, with open interest around $474 million.
Pacifica: 24-hour trading volume is approximately $344 million, with open interest around $74.52 million.#PerpDEX #TradingVolume #DeFi #OpenInterest #Hyperliquid #EdgeX #Aster #Lighter #Grvt #Pacifica