GRVT Token: Live on Coinbase, Upbit, Bybit, KuCoin and Bitget as the Sealed Venue List Keeps Opening

For a week this entry was about a secret. Grvt, the hybrid derivatives exchange that settled roughly $393 billion in cumulative volume by March 2026, promised a simultaneous multi-exchange launch for its token and refused to name a single venue until each agreement executed. On July 30, 2026, the token generation event arrived and the envelopes opened: KuCoin trades GRVT/USDT from TGE day, Bitget opened the same pair in its DeFi zone at 14:00 UTC per its announcement, Bybit confirmed its listing on July 29 per Cryptonomist, and Coinbase enabled GRVT deposits ahead of trading per Crypto Briefing. Add Grvt's own spot market and the day-one venue board runs five names deep, four of them external. The embargo strategy the team took criticism for produced exactly what it promised.

The Coinbase row has since earned its upgrade. When this entry was first written, Coinbase had only opened deposits, the plumbing phase where transfers run so the book has inventory before trading starts. That phase resolved the way it usually does: the GRVT/USD spot pair is now live, carrying about $1.2 million in daily volume per CoinGecko data as of August 12, a small but real US retail channel next to the roughly $92 million Bybit moves in the token daily. The pattern of staged Coinbase rollouts, and why they move prices before a single order fills, is covered in our listings guide.

The supply behind the ticker

The tokenomics are unusually well documented for a launch this young. The supply is fixed at 1 billion GRVT. The community and airdrop allocation stands at 28 percent, raised from a previously planned 22 percent per The Block's reporting, converted at TGE into a hard number: a 280 million token airdrop pool, split 100 million for Season 1 and 180 million for Season 2, released in batches over 12 months with each batch expiring 30 days after it opens. Private sale investors hold 19.9 percent after putting more than $33 million into the company across rounds, including a $19 million Series A in late 2025. The remainder covers team, treasury and buckets Grvt has not broken out publicly.

For anyone trying to model the launch, the float mathematics matter more than the headline supply. Only the first airdrop batch is liquid at TGE, multiplier participants deferred their entire allocation by four or eight months, and the investor tranche follows whatever vesting Grvt agreed privately. A billion token supply with a single-digit percentage actually tradable on day one is a recipe for sharp early moves in both directions, the pattern our tokenomics guide warns about whenever headline market cap and real float live in different universes.

What moves this entry next

Day two answered the first question every launch faces, which is whether anyone shows up after the TGE candle. GRVT traded at $0.2436 on July 31, up 62.44 percent in 24 hours on $246.2 million of volume, per Coin Gabbar's market recap, making it the day's standout gainer across the market. A thin day-one float meeting multi-venue demand is exactly the sharp-move recipe the tokenomics section below describes; the same recipe works in reverse when airdrop batches unlock, so we read the print as confirmation of demand, not a verdict.

The venue board grew exactly the way coordinated launches usually do. On July 31, one day after TGE, Bithumb opened a GRVT/KRW pair at 14:00 KST with a reference price of 346 KRW, per Bitcoin Sistemi. Then on August 5 Upbit, Korea's dominant exchange, listed GRVT across all three of its markets at once, KRW, BTC and USDT, at 17:00 KST with deposits running on Ethereum only, per crypto.news; the token gained about 23 percent into the listing on volume above $164 million. The Coinbase trading start followed in early August, converting the deposits row into a live GRVT/USD spot pair, and OKX has grown into the token's second-deepest book at roughly $25 million in daily volume, per CoinGecko data as of August 12. What moves this entry next is thinner but real: any remaining tier-one venue (Binance spot being the obvious empty seat), and the supply side, with token unlocks flagged for August 29 and November 29, 2026 that will test how much of the launch demand was patient. Our August 28 re-check put a number on the first of those: roughly 63.9 million GRVT, about 6.4 percent of total supply, is scheduled to unlock on August 29, per CoinMarketCap's update feed, and MEXC has joined the venue board with a GRVT/USDT pair that has traded since TGE day, per the exchange's own announcement. Nothing gets added here on rumor, only on an exchange's or Grvt's own announcement. The airdrop mechanics, the claim that opened at 21:00 on TGE day, the batch schedule and the registration window running through August 6, live on our GRVT airdrop entry. The rule of launch week is unchanged: Grvt's own channels and the exchanges' official notices are the only sources that count, and a real multi-venue launch is the best camouflage a phishing page ever gets.

Not financial advice Listings often spike and then bleed once the initial hype unwinds. Nothing here is a suggestion to buy this token. Verify dates on the exchange's own announcement page before trading: schedules slip.