What GRVT Token governs
GRVT Token (GRVT) is a DeFi protocol governance token, currently ranked 575th by market capitalization among the assets we track. Rather than being money itself, GRVT Token is a claim on a financial protocol. Its worth tracks the fees, liquidity, and usage of the application beneath it far more than any monetary narrative.
How value is supposed to accrue
DeFi tokens are worth something when the protocol generates fees and routes value to holders — through revenue share, buybacks, or governance over a real treasury. Without that link, a governance token is just a vote.
Background & fundamentals
In sector terms it is most often filed under DeFi, Derivative, and Perpetuals.
Where GRVT Token sits in the market
Trading around $0.1917, GRVT Token carries a market capitalization of $21.92M. Around $12.86M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 58.67% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.
Almost the entire GRVT supply is already in circulation (~100.0% of the 1B cap), so future dilution is effectively off the table. The token is roughly -53% under its record of $0.4051 — a meaningful but not catastrophic drawdown.
What the price history shows
Across timeframes, GRVT shows 24-hour -6.55%, 7-day -35.04%.
Volatility profile
Recent action puts GRVT Token in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.
How to evaluate a DeFi token like GRVT Token
For an asset of this type, three lenses matter most:
- Protocol revenue — fees the application actually earns, and whether any of it reaches GRVT holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether GRVT is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.