.
@grvt_io: The Capital-productive DEX
Earning up to 11% APY interest on all deposits used for trading is the defining feature of Grvt. Interest currently comes from protocol trading fees, with rehypothecation of most user deposits to external DeFi protocols coming soon as a second source of interest. Grvt announced
@aave will be its first external yield source in February.
Grvt’s share of total Perp DEX open interest has increased 26x year-over-year (YoY) to 3.1%, far outpacing the 4x increase in total Perp DEX open interest from $3.3 billion to $14 billion over the same time period.