GRVT Unveils Retail Price Improvement Orders to Enhance Trading Experience

In a groundbreaking initiative, GRVT, recognized as the first licensed onchain exchange worldwide, has introduced Retail Price Improvement (RPI) orders to both its web application and mobile platforms. This launch marks a significant milestone as GRVT becomes the inaugural decentralized exchange to incorporate a feature historically associated with traditional finance.

A Step Towards Fairer Trading

Retail Price Improvement orders are designed to enhance the trading experience for retail investors by enabling selected market makers to offer more competitive pricing, effectively shielding these prices from algorithmic traders. This innovation aims to create a more balanced trading environment that empowers everyday users and allows them to extract greater value from their transactions.

RPI has been a staple in equities trading since the early 2000s and now, for the first time, decentralized finance (DeFi) users can directly reap the benefits within a secure, non-custodial framework powered by smart contracts. By facilitating price improvements on retail orders through features such as exclusive interaction with retail traders and enhanced execution prices, GRVT is poised to redefine how individuals engage with cryptocurrency trading.

Despite the seemingly minor enhancements in price per individual trade, these improvements accumulate, resulting in noteworthy savings for retail traders over time. In traditional stock markets, programs like the NYSE's Retail Liquidity Program have successfully saved investors billions, and GRVT's adaptation of this model for the onchain arena is set to similarly benefit crypto users.

Automatic and Transparent Trading

One of the standout features of GRVT’s RPI orders is their automated nature, coupled with complete transparency. When a user submits an order, the system conducts a real-time check to see if a better price is available through RPI. If such pricing exists, the order is matched accordingly without necessitating any adjustments from the user. Consequently, traders can focus on their investment strategies while the platform seamlessly enhances execution quality in the background.

This new approach positions GRVT uniquely within the marketplace, bridging the gap between traditional finance and decentralized trading by introducing protected order types that offer improved execution prices. As traders navigate the complexities of the cryptocurrency market, GRVT is committed to providing tools that elevate their trading experience.

Engaging the Community

To further encourage users to familiarize themselves with the new RPI feature, GRVT is launching a Tap and Trade competition on both web and Android platforms. This initiative aims to provide users with hands-on experience in a live environment, showcasing how RPI can positively impact their trades. Further details about this exciting campaign will be announced leading up to its launch.

Comments from Hong Yea, co-founder and CEO of GRVT, emphasize the significance of this development: "RPI transcends being just a new order type; it represents a substantial advancement for the DeFi ecosystem. By delivering superior pricing to retail users without necessitating trust in third-party actors, GRVT demonstrates that self-custody and superior execution can coexist harmoniously. It’s a meaningful improvement that offers traders a tangible edge, while preserving the core values of DeFi."

GRVT's commitment to transparency, user control, and enhanced pricing through the Retail Price Improvement orders reflects a determined effort to enhance the DeFi experience. By seamlessly integrating features admired in traditional finance, GRVT is paving the way for a more inclusive and rewarding trading environment for all crypto enthusiasts.

For additional information regarding GRVT RPI orders, including matching and trading rules, please visit GRVT Help Center.

Disclaimer: Cryptocurrency trading carries significant market risk and price volatility. Users are encouraged to seek professional legal and financial advice before engaging in any trading activities. GRVT does not offer any regulatory protections and is not licensed under the Monetary Authority of Singapore, so its users should exercise caution.