GRVT Alpha mainnet launched, with a trading volume of 15 million dollars in the first hour

ChainCatcher news, the hybrid crypto exchange GRVT has officially launched its Alpha mainnet. In the first hour of the Alpha mainnet going live, GRVT's trading volume set a record of over $15 million, with BTC trading volume exceeding $8.7 million and ETH trading volume exceeding $6.4 million.

It is reported that the first batch of institutions trading on GRVT includes: QCP, Galaxy Trading Asia Limited, Ampersan, Arbelos, Amber Group, IMC, Flow Traders, Pulsar, Selini, and others.

GRVT co-founder and CEO Hong Yea stated, "Today is a historic day for GRVT. Our vision has always been to redesign and rebuild the global financial system on the blockchain, even though it is a challenging journey."

Additionally, according to the Web3 asset data platform RootData, GRVT (Gravity) is an institutional-grade cryptocurrency trading infrastructure where institutional traders can access a fully private, regulated (KYC and AML), and self-custodied trading venue. Its hybrid exchange (HEX) uses zk-supported volition technology to separate trading and custody functions, eliminating counterparty risk.