Grvt’s Foundation bought and burned 1.1 million GRVT tokens on the open market, permanently removing nearly 1% of circulating supply. The token issuer plans additional monthly buybacks, with no predetermined purchase amount or guaranteed schedule. The operation precedes four launches scheduled between October and the end of November 2026: Grvt Earn, Stable Funding Perps, Yield as Margin and Grvt 2.0. The platform aims to list more than 1,000 perpetual futures markets by the end of December 2026, following a survey that found 60% of users keeping at least a quarter of their capital idle.
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