GRVT, a hybrid decentralized exchange built on ZKsync, announced plans to launch its GRVT token shortly after June 30th, following the completion of its Q2 incentive campaign. GRVT has increased its community allocation to 28% of the 1 billion token supply, with Q2 participants receiving an additional 18%. CEO Hong Yea emphasized that GRVT prioritizes platform maturity over rapid launch. The decentralized exchange (DEX) experienced significant growth during Q2, with total value locked (TVO) increasing from $11.3 million to $107.1 million and open interest surging to $484.1 million.
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