tldr; Grvt, a decentralized exchange leveraging zero-knowledge technology, has raised $19 million in a Series A round led by ZKsync. Positioned as a challenger to Hyperliquid, Grvt aims to address the ‚position hunting‘ problem by offering privacy for large traders, shielding their positions from manipulation. The platform uses a ‚validium‘ blockchain for secure, private transactions and offers incentives like negative maker fees and yield-generating products. Grvt seeks to attract both active traders and passive investors while targeting institutional adoption through regulatory compliance and partnerships.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
CuriousGeorge22_02 on
Zk is slowly eating every part of crypto. First scaling, now privacy for perps. I’m guessing there is a lot more to come
ProfitableCheetah on
Honestly feels like Grvt is solving the exact problem Hyperliquid created. Everyone brags about transparency until they realize whales are basically walking around with neon liquidation signs on their foreheads.
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tldr; Grvt, a decentralized exchange leveraging zero-knowledge technology, has raised $19 million in a Series A round led by ZKsync. Positioned as a challenger to Hyperliquid, Grvt aims to address the ‚position hunting‘ problem by offering privacy for large traders, shielding their positions from manipulation. The platform uses a ‚validium‘ blockchain for secure, private transactions and offers incentives like negative maker fees and yield-generating products. Grvt seeks to attract both active traders and passive investors while targeting institutional adoption through regulatory compliance and partnerships.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Zk is slowly eating every part of crypto. First scaling, now privacy for perps. I’m guessing there is a lot more to come
Honestly feels like Grvt is solving the exact problem Hyperliquid created. Everyone brags about transparency until they realize whales are basically walking around with neon liquidation signs on their foreheads.