Grvt will be lifting KYC requirements and offering a $50,000 reward to the first 600 users. The TGE is scheduled to launch in Q1 2026.

BlockBeats News, August 29th. According to some user feedback, the decentralized exchange Grvt has now unchained and improved the new user registration identity verification experience. The platform has also launched a $50,000 total new user reward activity.

As the industry's first on-chain trading platform to offer -0.01% maker rebates (negative fees) to retail investors, Grvt allows users to not only enjoy lower costs during trading but also receive additional rewards through market-making behavior. The platform is built on ZKsync, focusing on privacy and compliance, and is supported by multiple institutions including Ampersan, Selini, and QCP.

It is reported that its token generation event (TGE) is scheduled to launch in the first quarter of 2026, with 20% of the tokens allocated to the community. Meanwhile, the platform's Rewards 1.0 incentive program will end in September, with early user gains being locked, indicating that it is currently the final window for participating in mining rewards.