Welcome to Grvt Rewards Season 2.0. With this new season, Grvt is making it easier than ever to earn your share of airdrops.
Here’s how Season 2.0 will work:
Single Point System
In Season 1.0, there were multiple types of points: Trader, Ecosystem, Liquidity Provider Points.
Now, there’s just one type of point: Grvt points.
Earn points by using the exchange - trade, hold, and invite. When TGE (token launch) happens, you’ll get your share of the airdrop based on the points you’ve earned.
How points will work in Season 2.0
Every week, a fixed pool of points are given out. The more active you are, the bigger your share of that week’s points.
You can earn points by:
Trading
Depositing in your account
Investing in Grvt Strategies
Inviting friends
Liquidations
The number of points available each week depends on the exchange’s total trading volume. Higher exchange volume = more points for everyone to share
Example:
If the exchange trading volume is $2B this week, 100K points are emitted and split across all active users.
If the exchange trading volume is $4B this week, 125K points are emitted - meaning there are more points for everyone to take from.
Why is this good for you:
Consistency is rewarded. You don’t have to be the biggest trader. Just showing up every week means you’ll keep earning.
Everyone wins. As the exchange grows, more points are emitted. So everyone gets a bigger slice of the pie.
How to earn points in Rewards Season 2.0
1. Trading
Trading Volume:
The higher your weekly trading volume, the more points your earn
UI-based trades will earn more points than API-based trades
Taker volume will earn more points than Maker volume
A 10x multiplier is applied to the points earned from altcoin trading volume.**
$1,000 in altcoin trading volume will count as if you traded $10,000 volume from major pairs (BTC, ETH, SOL)
Open Interest:
Holding open interest (i.e. keeping positions open) across the week will earn you points
A 10x multiplier is applied to points earned from holding OI in altcoins
Holding $1,000 in altcoin OI will count as if you held $10,000 OI in major pairs (BTC, ETH, SOL)
Providing Liquidity:
Earn points by providing liquidity (quoting ask/bid orders on the platform).
Gain more points for quoting on altcoins and maintaining tight ask-bid spreads.
A 10x multiplier is applied to points earned from providing liquidinty in altcoins
$1,000 in altcoin volume will count as if you traded $10,000 volume in major pairs (BTC, ETH, SOL)
Liquidations
Earn points even if your position is liquidated.
2. Depositing Capital
Maintaining TVL:
The higher your TVL (total value locked), the more points you earn.
Funds in your Trading Account, Funding Account and invested into Grvt Strategies all count towards your TVL
3. Inviting Friends
Referrals:
Earn points based on the trading and deposit activity of your direct referrals.
The more active your invitees are on the platform, the more points you will earn.
How are points distributed across activities
Activity | Metric | Weight (weekly points allocation) |
Trade | Trading Volume | 50% |
Trade | Open Interest | 15% |
Trade | Liquidity Provision | 5% |
Trade | Liquidations | 5% |
Deposit | TVL in account and Strategies investments | 5% |
Invite | Activity of your Direct Referrals | 20% |
Frequently Asked Questions
When will I see my points for each week?
Points are emitted every Tuesday. Once the week ends on Tuesday, Grvt calculates each user’s points and updates the Season 2 leaderboard
How exactly do I earn points from my direct referrals?
Each week, Grvt tracks all points earned by your direct referrals – e.g., through trading volume, maintaining TVL, and open interest. You receive points relative to the total points earned by your direct referrals:
Users are ranked based on SUM(points_earned_by_direct_referrals)
Points from the community pool are allocated based on this ranking
In other words, the more active your referrals are, the more points you get.Note: Points from indirect referrals (your referrals’ referrals) do not count.
How does Grvt measure Open Interest and TVL
Grvt takes random snapshots throughout the week of the TVL and Open Interest that you maintain. The average of these weekly snapshots is used to calculate your points.
Do I get any benefits if the person who invited me becomes an Ambassador?
Yes! If your referrer becomes an Ambassador, you automatically earn a point multiplier on all your rewards. The multiplier matches their Ambassador tier. Read more about Ambassador Program and Tiers. This applies even if they invited you before becoming an Ambassador. If they lose their Ambassador status, the multiplier goes away.
** The total number of GRVT Points distributed each week does not change. The 10x multiplier for altcoins does not create or add extra points to the system; it changes how the existing points are distributed by giving more weight to altcoin volume.