GRVT (pronounced "gravity"), the world's first decentralized cryptocurrency exchange, has successfully completed the first month of its Mainnet alpha. The platform has onboarded over 33,000 KYC customers and released six new features.

GRVT Crypto Exchange reaches $1.3 billion in trading volume in 30 days

According to the official statement by her team, GRVTa hybrid cryptocurrency exchange, celebrates its first month of Alpha Mainnet operations. During this period, the exchange handled $1.3 billion in combined trading volume across various pairs.

Exchange reached 33,266 users through KYC tests successfully. Despite initial skepticism about compliant hybrid DEX, GRVT's traction has proven that user growth and compliance can coexist.

Exchange CEO Hong Yes emphasized that the bold start demonstrates his team's tremendous vision and key achievements ahead of the product:

30 days is just the beginning. It does not specify the next ten years of GRVT. It's clear that we're building something truly transformative, and we'll continue to build the hard way, even as our funding can be unreliable and subjective.

Also, in its inaugural Mainnet alpha, the GRVT team shipped over half a dozen new features, including configurable leverage, cross-chain bridging, PNL tracking and more.

The number of daily active trading exceeds 1000

On GRVT, the Daily Active Trader (DAT) metric is among the highest in the first 30 days of the DEX, with the last numbers crossing 1000 – a major milestone.

As previously covered by U.Today, GRVT is building an order book-based CEDEFI designed to integrate the benefits of noncustodial and regulated services.

The MainNet launch in December 2024 reached eight-figure trading volume within minutes of beginning operations.