Grvt partners with Axcess to tokenize its GLP vault and add institutional credit to Grvt Earn
Axcess plans two vaults for Grvt: a tokenized GLP vault expected on 2 November and a later USDC credit vault. Credit yield in Grvt Earn is not live yet.
· Announced · Verified 2026-11-02 via official announcement
Announced Nov 2, 2026: Grvt partners with Axcess to tokenize its GLP vault and add institutional credit to Grvt Earn. Affects: Grvt users who hold or plan to deposit into the GLP strategy. Source: chainwire.org, verified Nov 2, 2026. Grvt code dexsheet.
Grvt announced a partnership with Axcess, an institutional credit protocol that lends stablecoins to crypto trading firms, on 2 November 2026. Axcess will tokenize Grvt's GLP market-making strategy, with each deposit minting an ERC-4626 receipt token, and the GLP vault is expected to go live on Axcess the same day. A second, USDC-denominated vault and access to Axcess credit facilities through Grvt Earn are planned, with no dates given.
GLP (Grvt Liquidity Provider) is Grvt's in-app delta-neutral market-making strategy, which users enter from the Invest tab with deposit limits tied to lifetime trading volume. Under the partnership, the tokenized version makes each depositor's share and its value per share visible on-chain, and Grvt says DeFiLlama will count assets held this way toward Grvt's total value locked.
The second vault would let Grvt users lend into institutional credit facilities that Axcess underwrites and structures. Each facility is documented under a bilateral loan agreement, and borrowers must put in their own capital as first-loss collateral ahead of lenders. Grvt describes this as a new yield category within Grvt Earn, separate from its market-making and trading strategies. Lending to trading firms carries default risk that a first-loss buffer may not fully cover.
Only the tokenized GLP vault has a stated launch date. Grvt says details of the USDC vault and of the Grvt Earn integration will be announced as each product moves toward launch. Grvt's trading fees and its restricted-jurisdictions list, which includes the United States, are unchanged by the announcement.
“The GLP vault is expected to go live on Axcess on November 2, 2026. Further details on the second USDC-denominated vault and the integration of Axcess credit opportunities into GRVT Earn will be announced as each product moves toward launch.”
— Grvt and Axcess press release (Chainwire), 2 November 2026
Who this affects
Grvt users who hold or plan to deposit into the GLP strategy, and Grvt Earn users looking at stablecoin yield. Not open to US residents under Grvt's terms.
Grvt at a glance
Grvt (pronounced "Gravity") is a hybrid exchange that matches orders off-chain and settles on its own Layer 2 built on the ZKsync stack, which posts validity proofs to Ethereum. It lists about 200 perpetual markets on crypto, stocks and commodities with up to 50x leverage, plus spot, and pays a base yield on USDT and USDC balances that also count as trading margin.
Full Grvt sheet · 0.09% round trip
More from the newsroom
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Chainwire - Grvt Partners With Axcess to Bring Institutional Credit On-Chain and Expand Grvt Earn (2026-11-02) — checked 2026-11-02
- The Defiant (press release) - Grvt Partners With Axcess to Bring Institutional Credit On-Chain and Expand Grvt Earn — checked 2026-11-02
- Grvt Help Center - Grvt Liquidity Provider (GLP) — checked 2026-11-02
- Axcess - onchain private-credit venue — checked 2026-11-02
- Grvt Help Center - Restricted Jurisdictions — checked 2026-11-02
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