Correction, October 7 Earlier versions of this page dated the Coinbase and OKX starts to August and Bybit's to July 29. The exchanges' own market data puts all three on July 30, the token's launch day.
Grvt's GRVT token launched on July 30 and now trades on Coinbase, Bybit, OKX, KuCoin, Bitget and MEXC, in won on Bithumb and Upbit, and on Grvt's own spot market. The price was $0.22 on October 7, 52 percent below its July 30 high, with a market cap near $25 million.
Where it trades
Grvt, the hybrid derivatives exchange that settled roughly $393 billion in cumulative volume by March 2026, kept every venue secret until each agreement executed. On launch day the list opened all at once. Coinbase announced deposit support on July 29, Crypto Briefing reported, and its market data shows the GRVT-USD pair trading from 12:00 UTC on July 30. OKX listed GRVT/USDT at 13:00 UTC with a call auction, and continuous trading began at 14:00 UTC, the same hour Bybit's and KuCoin's first candles print.
| Venue | First trading | Basis |
|---|---|---|
| Grvt spot | July 30 | Grvt |
| Coinbase (GRVT-USD) | July 30, 12:00 UTC | Coinbase market data |
| OKX (GRVT/USDT) | July 30, 13:00 UTC auction, 14:00 UTC continuous | OKX instrument data |
| Bybit | July 30, 14:00 UTC | Bybit market data |
| KuCoin | July 30 | KuCoin, first candle 14:00 UTC |
| Bitget (DeFi zone) | July 30, 14:00 UTC | Bitget announcement |
| MEXC | July 30 | MEXC announcement |
| Bithumb (KRW) | July 31, 14:00 KST | Bitcoin Sistemi |
| Upbit (KRW, BTC, USDT) | August 5, 17:00 KST | crypto.news, Upbit data |
Korean access followed within a week. Bithumb opened GRVT/KRW on July 31 with a reference price of 346 won. Upbit listed all three of its markets on August 5, with deposits on Ethereum only. The token had gained about 23 percent into that listing on volume above $164 million.
Binance spot is still the empty seat. CoinMarketCap tags GRVT as Binance Alpha only, and we found no spot notice.
Supply and price since launch
The supply is fixed at 1 billion GRVT. The community and airdrop allocation is 28 percent, raised from a planned 22 percent, The Block reported. At launch it became a hard number: a 280 million token airdrop pool, split 100 million for Season 1 and 180 million for Season 2. It is released in batches over 12 months, and each batch expires 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.
- Community and airdrop 28%
- Private sale investors 19.9%
- Not publicly broken out 52.1%
The float was thin by design. Only the first airdrop batch was liquid at the token generation event (TGE), the day a token first trades, and multiplier participants deferred their allocations by four or eight months. GRVT traded at $0.2436 on July 31, up 62.44 percent in 24 hours on $246.2 million of volume, Coin Gabbar reported.
The price then slid. CoinMarketCap shows a high of $0.4615 on July 30 and a low of $0.1458 on September 2. On October 7 the token traded at $0.2200 with a market cap of $25.14 million and 114.31 million tokens circulating, 11.43 percent of the maximum supply.
Activity shrank with the price. CoinGecko counted 42 active markets and roughly $162 million of daily volume on August 12. On October 7 it showed about $3.80 million, led by LBank and OKX, with perpetual futures volume 6.2 times spot volume.
Risks and what to watch
Supply events carry the risk. About 63.9 million GRVT, roughly 6.4 percent of total supply, unlocked on August 29, CoinMarketCap's update feed said. We did not re-confirm the second unlock flagged for November 29. A large unlock into $3.80 million of daily volume tests how much launch demand was patient.
- Binance spot: any notice for a GRVT spot market. It would be the largest remaining venue event.
- November 29: the next flagged unlock date. Check it against Grvt's own schedule.
- Volume: whether the Korean pairs and perpetuals keep the market active as spot volume thins.
The airdrop mechanics, including the claim that opened on TGE day, the batch schedule and the registration window through August 6, are on our GRVT airdrop entry. For listing mechanics, see our listings guide, and for float against supply, our tokenomics guide. Nothing is added here on rumor, only on an exchange's or Grvt's own announcement. A real multi-venue launch is the best camouflage a phishing page gets, so rely on Grvt's own channels and the exchanges' official notices.
Not financial advice Listings often spike and then fade once the first wave of buyers is done. Nothing here is a suggestion to buy this token. Check dates on the exchange's own announcement page before trading: schedules slip. Our listing reaction data shows how new listings have typically traded.
