Grvt Integrates Aave for Traders to Earn Yield on Perp Collateral

Decentralized perpetual futures exchange (perp DEX) Grvt has integrated the Aave lending protocol to enable traders to earn yield on the collateral they post for margin while maintaining their derivatives positions. This feature aims to reduce the opportunity cost associated with capital that typically sits idle on trading venues. Grvt CEO Hong Yea explained that the integration allows users to deposit capital once and use it simultaneously as active margin and for earning lending returns. Initially, the feature applies to USDt (USDT) collateral, which is tokenized 1:1 against deposits deployed into Aave’s lending pools. Returns are sourced from Aave’s variable lending markets, fluctuating based on borrowing demand. Grvt currently does not capture any portion of the Aave yield, suggesting users may receive both lending returns and a share of platform fees.

(Source：Cointelegraph)