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Grvt GLP strategy reopens, with the fund cap increased to 7.5 million USD.
According to Mars Finance, on December 1st, the decentralized Perptual Futures trading platform Grvt announced that its Liquidity Provider (GLP) strategy has reopened. This strategy reached its initial cap of $5 million within less than a week of its launch. The funding cap for this round of the GLP strategy has been increased by $2.5 million, bringing the total to $7.5 million. Grvt officials stated that new investment quota limits based on users' historical accumulated volume have been added to meet market demand.