Overview

• Grvt raised $19 million in Series A funding led by ZKsync, which contributed $14 million, with participation reported from Further Ventures, EigenCloud and 500 Global.
• The exchange uses a zero-knowledge validium architecture to validate transactions without revealing position size, entry points or liquidation levels.
• Executives say the privacy model targets predatory tactics like front-running and liquidation hunting and has drawn interest from large traders.
• Grvt is pursuing a yield-first strategy featuring fixed-yield products, tokenized vaults managed by partners such as Ampersan, negative maker fees and planned token airdrops.
• The company holds licenses in Bermuda and has integrated with institutional providers LTP and Coin Routes as it seeks to challenge Hyperliquid’s dominance near 70% market share and roughly $400 billion in monthly volume, with Hyperliquid recently adding vaults and a stablecoin.