GRVT has raised $24.0M in total across 2 funding rounds.
GRVT's investors include 500 Startups Korea, Further Ventures.
GRVT (pronounced "gravity") is a decentralized exchange (DEX) specializing in on-chain trading of perpetual futures and derivatives, powered by zero-knowledge (ZK) technology for privacy, self-custody, and institutional-grade performance. It builds a trustless platform on ZKsync that combines the speed and user experience of centralized exchanges (CeFi) with decentralized finance (DeFi) security, addressing post-FTX issues like counterparty risk and fund access. GRVT serves retail and institutional traders, solving problems of high fees, gas costs, privacy leaks, and limited capital efficiency by offering zero-gas trading, portfolio margining, TradingView charts, and KYC/AML compliance. Growth momentum includes multiple funding rounds totaling over $28M (pre-seed $2.1M in 2022, seed $5M in 2023 at $39M valuation, strategic $2.2M in 2024, Series A $19M in 2024), a 2025 product roadmap, and the November 2025 launch of the Global Trading League (GTL)—an esports-style competition redefining perp trading as entertainment.[1][2][3][4]
GRVT, formerly known as Gravity, was founded in 2023 by a team of technology and financial markets professionals, including co-founder and CEO Hong Yea, as well as backers like Darius Sit (Founder & CIO), Shiliang Tang (Founder & CIO), and Tom Shaughnessy (Co-Founder).[1][2][3] The idea emerged in the wake of the FTX collapse, aiming to create an institutional and retail trading venue that prevents access to user funds while delivering CeFi-like throughput and DEX self-custody for options and perpetuals. Early traction built through pre-seed ($2.1M in Oct 2022) and seed ($5M in Sep 2023) rounds, evolving from a focus on trustless infrastructure to regulated, private trading on ZKsync, with strategic funding ($2.2M in Mar 2024) and Series A ($19M in Sep 2024) fueling product launches like the 2025 roadmap and GTL.[3]
GRVT rides the convergence of DeFi maturation, ZK tech scalability, and esports gamification, capitalizing on post-FTX demand for secure, private derivatives trading amid rising on-chain volumes. Timing aligns with ZKsync's growth and a trillion-dollar DeFi-esports opportunity, as traditional trading feels solitary while crypto seeks regulated, high-performance venues.[1][2] Market forces like institutional adoption, privacy regulations, and capital efficiency needs favor GRVT, influencing the ecosystem by democratizing hedge fund tools, boosting perp trading culture, and bridging CeFi/DeFi divides—evident in its funding trajectory and community events across Asia.[3]
GRVT is poised to dominate ZK-powered perp trading with GTL expanding into global competitions, roadmap executions like enhanced automation, and further institutional onboarding. Trends like ZK interoperability, real-world asset perps, and DeFi-esports fusion will propel it, potentially evolving influence toward fully trustless markets and mainstream trading entertainment. As the on-chain investment app that "makes finance just flow," GRVT redefines accessible elite trading in a self-custodial era.[1][2][4]
GRVT has raised $24.0M across 2 funding rounds. Most recently, it raised $19.0M Series A in September 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2025 | $19.0M Series A | 500 Startups Korea, Further Ventures | |
| Jan 1, 2025 | $5.0M Venture Round | Further Ventures |
