GRVT, the first licensed on-chain exchange, has surpassed $8 billion in total trading volume, marking a major milestone as it deepens its commitment to seamless, self-custodial trading.
In tandem with this achievement, the exchange has announced a strategic partnership with rhino.fi, a leading cross-chain liquidity network, to enhance user access across both EVM and non-EVM chains.
Through this integration, GRVT users can now deposit and withdraw assets directly from blockchains, including Binance Smart Chain (BSC), Arbitrum, Solana, and TRON. This development significantly lowers the friction of cross-chain interactions and is expected to expand further, with support for over 30 chains already in the pipeline.
Excited to announce our partnership with @rhinofi, a leading intent based liquidity network, for seamless cross-chain access experience across both EVM and non-EVM networks. No complicated setup. No friction.
Users can now bridge to GRVT directly using BSC, Arbitrum, Solana or… pic.twitter.com/mBMUH4ACrT
— GRVT (@grvt_io) June 19, 2025
The initial response has been promising. Since the soft launch, the integration has generated $500,000 in transaction volume within just one week. This momentum comes at a time when the broader DeFi sector, especially in derivatives, is experiencing renewed growth, with $2.4 billion in total value locked added to derivative protocols over the past year, according to DeFiLlama.
As liquidity continues to improve on GRVT following its mainnet launch, average spreads have tightened, reducing slippage and enhancing trading efficiency. According to GRVT CEO Hong Yea, the partnership with rhino.fi removes long-standing technical and custodial barriers to DeFi participation, enabling a smoother and more secure experience for users.
“This is a key step toward self-custodial, on-chain trading at scale,”
Yea emphasized.
rhino.fi CEO Dan Yanev echoed the sentiment, highlighting GRVT’s regulatory alignment and performance as a model for appchain utility within DeFi’s evolving architecture.
To accelerate user adoption, both platforms will launch a rewards campaign on June 23, offering a combined prize pool of 12,000 USDT and 700,000 GRVT Points for users who bridge assets and trade on GRVT.
Meanwhile, in a related effort to expand the adoption of real-world assets (RWAs), Ondo Finance has unveiled the Global Markets Alliance. This ambitious initiative brings together industry leaders, including the Solana Foundation, Bitget Wallet, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, and Jupiter.
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