Grvt, a self-custodial trading platform operating on its own zero-knowledge chain, has completed its first GRVT token buyback and burn. The Foundation’s token issuer purchased 1.1 million GRVT tokens on the open market and permanently removed them from circulation, equivalent to close to 1% of the circulating supply at the time of the transaction.

The action marks the first of five milestones leading to the planned launch of Grvt 2.0 at the end of November 2026. The GRVT token itself launched in July 2026 and confers no ownership, profit or other economic rights.

Discretionary Buybacks with On-Chain Transparency

The token issuer plans to conduct additional buybacks on a monthly basis. Each purchase remains entirely discretionary, with no fixed amount or guaranteed schedule. Transactions are handled through an independent execution partner. Purchased tokens are sent to a designated burn address and permanently taken out of circulation.

Details of each completed buyback, including the number of tokens burned, the share of circulating supply, cumulative totals and on-chain transaction hashes, can be verified on a public dashboard maintained by the platform.

Four Product Milestones Leading to Grvt 2.0

Following the token burn, Grvt has outlined four product launches scheduled between the end of October and the end of November 2026.

Grvt Earn, expected at the end of October, will offer yield opportunities backed by tokenized assets. Target yields reach up to 11%, though these figures are not guaranteed. Potential returns are expected to come from cash flows of the underlying assets, including interest, premiums and invoice-related income. Asset-supplying partners will be named at launch.

Stable Funding Perps, planned for November, will introduce perpetual futures tied to commodities, stocks, foreign exchange and indices. These contracts are designed to carry zero trading fees and use once-daily funding. The platform aims to list more than 1,000 markets by the end of December 2026.

Also scheduled for November, Yield as Margin will allow eligible balances held in Grvt Earn to serve as collateral for trading positions while those balances continue to accrue yield, subject to product terms and risk parameters.

Grvt 2.0, targeted for the end of November, will bring these features together in a single redesigned self-custodial application. The release will include a new name, updated visual identity and the company’s 2027 roadmap.

Focus on Idle Capital

The product roadmap responds to findings from a survey of Grvt traders conducted earlier in 2026. Six in ten respondents reported that at least a quarter of their capital on the platform remained idle. Many said they moved funds to other venues in search of yields of 8% or higher.

Grvt currently supports perpetual futures across approximately 200 cryptocurrency and real-world asset markets. The upcoming features are intended to let users earn yield and trade from the same self-custodial balance without transferring assets between separate products.

Founded in 2022, Grvt continues to develop its offering on its proprietary zero-knowledge chain while the token issuer maintains the discretionary buyback program.