Grvt
As of Oct 29, 2026, Grvt is a perp DEX on Grvt costing 0.09% per round trip ($0.90 on a $1,000 buy and sell). Sign up with code dexsheet. Not available in the US.
Checked 2026-10-29 · sources belowGrvt (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.
Cost: Perps start at 0.045% taker and a -0.0001% maker rebate at Level 1, falling to 0.024% taker and a -0.003% rebate at Level 9 ($1B+ 30-day volume). Spot starts at 0.085% taker and 0.06% maker. Withdrawals cost a flat 1.01 to 2 USDT depending on the network. A $1,000 buy-and-sell costs about $0.90 in Grvt fees.
More on Grvt: Overview · Referral code · Fees · Is it legit? · Alternatives · US alternatives
dexsheet- Round trip fee
- 0.09% buy + sell, platform fee
- $1,000 buy + sell
- $0.90 before network + pool fees
- Fees paid, 30d
- — not tracked by DefiLlama
- US availability
- Not available UK: unverified · EU: unverified
Quick answers
- Can I use Grvt in the US? No. Grvt is not available to users in the United States.
- Does Grvt have a mobile app? Yes. Grvt has both an iOS app and an Android app.
- Is Grvt custodial? Who holds your funds? No. Grvt is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
- What chains does Grvt support? Grvt supports one chain: Grvt.
- Why can't I withdraw from Grvt? You withdraw from your Funding Account with Send, to a wallet recipient you have added and approved with 2FA and your SecureKey signature. Ethereum withdrawals go through Grvt's own bridge; Arbitrum One, Base, BNB Smart Chain, Tron, KAIA and Solana go through the Rhino bridge. Grvt documents 3 reasons a withdrawal can be delayed or held, listed below.
- Custody
- Self-custody
- KYC
- unknown
- Platforms
- web, ios, android
- Launched
- 2024-12
Best for: Traders outside the US, Canada, Singapore and Hong Kong who want order-book perps on crypto, stocks and gold from one self-custodied balance that earns yield while it sits as margin.
Grvt fees
| Fee | Type | Rate | Applies to | Note |
|---|---|---|---|---|
| Perps taker fee (Level 1) | platform | 0.045% | Buy and sell | Default tier, under $1M 30-day trading volume. |
| Perps maker fee (Level 1) | platform | 0% | Buy and sell | A small rebate paid to resting orders; it grows to -0.003% at Level 9. |
| Spot taker fee (Level 1) | platform | 0.085% | Buy and sell | Spot maker is 0.06% at Level 1. Spot trades carry no leverage. |
| Withdrawal fee | network | — | Flat gas fee: 2 USDT on Ethereum, 1.01 USDT on Arbitrum One and BNB Smart Chain, 1.5 USDT on Solana, 1.4 USDT on Tron. | |
| Multi-asset margin repayment fee | other | 0.1% | Buy and sell | Charged when borrowed USDT is repaid by converting another asset: at least 0.1% for a manual repayment, more when the system repays automatically or on liquidation (0.125% and 0.25% for USDC). |
Fee tiers
| Tier | Rate | Requirement |
|---|---|---|
| Level 1 | 0.045% | default ($0 30-day volume); perps maker -0.0001% |
| Level 2 | 0.042% | $1M 30-day volume; perps maker -0.0004% |
| Level 3 | 0.039% | $5M 30-day volume; perps maker -0.0008% |
| Level 4 | 0.037% | $10M 30-day volume; perps maker -0.0010% |
| Level 5 | 0.034% | $50M 30-day volume; perps maker -0.0015% |
| Level 6 | 0.032% | $100M 30-day volume; perps maker -0.0020% |
| Level 7 | 0.029% | $250M 30-day volume; perps maker -0.0023% |
| Level 8 | 0.026% | $500M 30-day volume; perps maker -0.0025% |
| Level 9 | 0.024% | $1B 30-day volume; perps maker -0.0030% |
Perps: taker 0.045%, maker 0% — Level 1 rates; tiers update daily at 8am UTC on 30-day volume. Locking GRVT tokens in the Membership program can lift an account to Level 2, 3 or 4 instead (2,500, 10,000 or 50,000 GRVT); it does not stack with volume tiers. Funding settles every 1, 4 or 8 hours depending on the market.
Platform fees only. On-chain network/priority fees, pool (LP) fees and price impact are extra and vary by trade.
Is Grvt legit?
Deposits move into Grvt's bridge and exchange smart contracts, and withdrawals are released only against a signature from your own key, to addresses you have approved. You sign with an external wallet such as MetaMask, or with an email wallet from Privy whose private key you can export. Grvt runs the matching engine and the chain, so it can pause trading, and it screens wallets: a flagged deposit or withdrawal can be held under compliance review.
Backers: Series A co-led by ZKsync and Further Ventures, with EigenCloud and 500 Global ($19,000,000), 2025-09.
We found no reported hacks or fund losses in the sources we checked. That is not a guarantee.
The full "is Grvt legit?" check →
Where Grvt is available
| Region | Status |
|---|---|
| United States | Not available |
| United Kingdom | Unverified |
| European Union | Unverified |
Grvt's Restricted Jurisdictions page (August 3, 2026) says: "Your access to or use of the Platform and Services are banned if you are a person residing, located, incorporated or otherwise established in any of the countries/ jurisdictions listed below." The list starts with the "United States of America including all U.S.A. territories" and also names Singapore, Hong Kong, Canada, Russia, Belarus, North Korea, Iran, Cuba, Syria, Myanmar, Afghanistan, Libya, Somalia, Sudan, South Sudan and occupied regions of Ukraine. The UK and the EU are not named; Grvt does not state that they are supported. (source)
We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.
Pros and cons
Pros
- Makers earn a small rebate from the first tier, and taker fees fall from 0.045% to 0.024% with 30-day volume.
- USDT and USDC balances earn 3.5% APY by default and still count as trading margin.
- One account trades crypto, US stock and commodity perps with up to 50x leverage, plus spot.
- Withdrawals need a signature from your own key, and order and position data are not broadcast to the public chain.
Cons
- US persons and US territories are banned, along with Canada, Singapore and Hong Kong.
- The referral program documents no fee discount for new users.
- Withdrawals to Ethereum take about 8 hours; faster networks go through the third-party Rhino bridge.
- Grvt can hold deposits and withdrawals from wallets its compliance screening flags.
Features
perpsspotstock perpscommodity perpsyield on marginvaultsmaker rebatesprivacyapibuilder codesmobile app
Grvt code
Alternatives to Grvt
Lighter
Non-US, non-UK retail perps traders who want zero trading fees and can accept slower taker execution than paid accounts.
0%Round trip
Paradex
Non-US traders who place orders manually through a web UI and want zero-fee perps plus options from one margin account.
0%Round trip
trade.xyz
Traders outside the US, UK and Canada who want leveraged, round-the-clock exposure to stocks, indices, commodities, FX and pre-IPO companies from a self-custodied Hyperliquid account.
0.018%Round trip
Extended
Traders outside the US, UK and Canada who want low taker fees on crypto plus stock, FX, commodity and index perps from one USDC margin account in their own wallet.
0.05%Round trip
All Grvt alternatives compared →
Head to head
Grvt market share
- Grvt ranked #8 of 12 perp DEXes by trading volume in the 24 hours to 2026-10-31: $413.2M, 2.5% of the tracked total.Full perp dex trading volume table
- Grvt ranked #5 of 17 perp DEXes by open interest on 2026-10-31: $413.2M, 2.8% of the tracked total.Full perp dex open interest table
Grvt FAQ
Is Grvt legit?
Grvt is a live hybrid exchange whose mainnet launched in December 2024. It raised a $19M Series A co-led by ZKsync and Further Ventures in September 2025, and its law firm Walkers says it won a Class M digital asset business license from the Bermuda Monetary Authority in December 2024. Spearbit DAO audited its contracts. We found no reported exploit.
What are Grvt's trading fees?
Perps start at 0.045% taker with a -0.0001% maker rebate, falling to 0.024% taker and a -0.003% rebate at $1B 30-day volume. Spot starts at 0.085% taker and 0.06% maker. A $10,000 perp opened and closed with market orders costs about $9 at the default tier.
Can US users trade on Grvt?
No. Grvt's Restricted Jurisdictions page bans anyone residing, located or established in the United States and all US territories. It also bans Canada, Singapore, Hong Kong, Russia and sanctioned countries. The UK and EU are not named.
Does Grvt require KYC?
Grvt's help center does not describe an ID check at signup; accounts open with an email or a wallet. It screens wallets and transactions and can ask for information. Its KYC vendor ComplyCube announced a partnership with Grvt in October 2024. We could not confirm whether ID verification is required today.
Is Grvt self-custodial?
Grvt says your funds sit in smart contracts that release them only against your key's signature, to addresses you approved. Email signups get a Privy wallet whose key can be exported. Grvt runs the matching engine, so it can pause trading.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Grvt Help Center - How does Grvt's Fee Model work? — checked 2026-10-29
- Grvt Help Center - Restricted Jurisdictions — checked 2026-10-29
- Grvt Help Center - User Agreement — checked 2026-10-29
- Grvt Litepaper — checked 2026-10-29
- Grvt Help Center - What is GRVT's hybrid exchange model? — checked 2026-10-29
- Grvt Help Center - What does self-custody of funds mean on Grvt? — checked 2026-10-29
- Grvt - homepage (markets, leverage, audits) — checked 2026-10-29
- Grvt Help Center - The road to Grvt 2.0 — checked 2026-10-29
- Grvt Help Center - What's the Grvt Ambassador Program? — checked 2026-10-29
- Grvt Help Center - How Rewards Are Calculated on Grvt — checked 2026-10-29
- Grvt Help Center - Where Can I Find My Grvt Account Information (Referral Hub) — checked 2026-10-29
- Grvt Help Center - Builder Codes — checked 2026-10-29
- Grvt API docs - Referral Data — checked 2026-10-29
- Grvt Help Center - Grvt Earn on Equity — checked 2026-10-29
- Grvt Help Center - Grvt Membership Program — checked 2026-10-29
- Grvt Help Center - Funding Rate Mechanism — checked 2026-10-29
- Grvt Help Center - How do I deposit funds into GRVT? — checked 2026-10-29
- Grvt Help Center - How do I withdraw my funds? — checked 2026-10-29
- Grvt Help Center - How long do withdrawals take? — checked 2026-10-29
- Grvt Help Center - Why are deposits and withdrawals delayed? — checked 2026-10-29
- Grvt Help Center - Digital Wallet Compliance and Reviews — checked 2026-10-29
- Grvt Help Center - What independent audits does GRVT conduct? — checked 2026-10-29
- Walkers - Class M Digital Asset Business License for GRVT (Bermuda) — checked 2026-10-29
- The Block - ZKsync-based hybrid DEX GRVT raises $19 million Series A — checked 2026-10-29
- ComplyCube - partnership with GRVT (October 2, 2024) — checked 2026-10-29