The Perp DEX says combining offchain matching with settlement on a zkSync Validium-based ZK chain can improve capital efficiency while keeping user funds in smart contracts.
Grvt is positioning its perpetual futures exchange as infrastructure for an "onchain wealth platform," centering that push on Unified Margin, a setup designed to improve capital efficiency by allowing collateral to be used more efficiently across trading activity. The Perp DEX said its market structure combines offchain matching with onchain settlement on its own ZK chain based on zkSync Validium, aiming to deliver exchange-like speed while retaining blockchain-based custody. Grvt claims the matching system can reach 600,000 TPS with sub-2 millisecond latency, and said user funds stay in smart contracts (self-executing blockchain code) that the platform cannot unilaterally access. Grvt said it plans to bring stablecoins and tokenized institutional products under a single balance across its Earn, Trade, Invest, and Pay layers so those assets can both generate yield and be used as margin. Since the start of Season 2, cumulative trading volume has topped $23 billion, monthly volume peaked at $5.11 billion, total value locked has risen to $111 million, and its flagship GLP position is worth about $25 million with an annualized yield of 19.81%.