Trove will officially be transitioning to Solana.
You’ll also notice a new banner + logo as we roll out the next chapter of Trove.
ICO EVM participants that haven't linked their Sol wallets for tokens, can claim $TROVE from our site shortly: trovemarkets.com/ico
Due to the move to Solana and the refund processing, we need more time to execute this correctly.
New TGE time: Jan 19, 4:00 PM UTC.
We sincerely apologize for the delay.
We’ll share the contract address and final distribution details once we are live.
$TROVE launch is set tomorrow for 7PM UTC
Pro-rata refunds will be issued shortly before launch.
EVM participants who linked their Solana wallets (before 18th Jan, 5pm UTC) will not need to claim tokens.
Claiming tokens will be open after launch for users who missed the linking period at trovemarkets.com/ico
$TROVE will launch on Solana
ICO participants who contributed via EVM, can connect their Solana wallet to receive $TROVE, on our ICO site: trovemarkets.com/ico. Ends 18th January, 5pm UTC.
Trove Beta V2 is here!
What’s new:
1️⃣ TWAP orders
2️⃣TLP (beta) for 24/7 instant trading liquidity
3️⃣Referral program (Fee Sharing)
4️⃣User-requested markets (Merit based)
5️⃣Instant, second-level price updates via improved oracle reliability (trovemarkets.com/oracles)
Mainnet coincides with the full release of Beta V2, plus our mobile launch (iOS TestFlight)
Total refunds of potentially malicious, clustered or non-trove aligned contributors summing $2,440,316 in the Trove ICO will be processed now.
Remaining ICO funds, will be withdrawn from ICO contracts (only total refunds functionality) to Trove multisigs (to handle pro-rata refunds).
Pro-rata refunds and $TROVE tokens will all be distributed prior to launch.
Note: Trove's ICO contracts can not handle pro-rata refunds, only refunds of total contributor amounts.
As pro-rata refunds require off-chain data, ICO funds are moved to our multisig where refunds will be sent from.
View Trove ICO contract audits here
- xitter.cf/zenith256/status/20093…
- xitter.cf/PashovAuditGrp/status/…
Zenith Auditors recently completed an audit for Trove, the first perp DEX for collectibles, RWAs, equities, and prediction markets, on their ICO.
No significant issues were found.
Shoutout to @TroveMarkets for their commitment to security! Check out the audit report below.
TROVE retweeted
we want to address what happened around the ico extension.
shortly before the ico was set to end, a potential issue was identified involving a cluster of wallets that appeared coordinated. the concern was that a single actor could end up controlling a large portion of the raise, which would hurt token distribution and the long term health of the project.
with around 25 minutes left and while also handling mainnet and tge preparation, the team had to make a fast decision. the choice was to either end the round and accept the final outcome, or extend it to allow more real participants to enter and protect distribution in case those wallets turned out to be a single actor. in that moment, extending felt like the safer option, but it was obviously the wrong call.
the timing and communication of this was a mistake, and we fully understand why it felt unacceptable after clearly stating the ico was ending one hour prior.
we take full responsibility for this. there was no intent to change the rules, but the decision and how it was handled was wrong. it happened because too many critical things were happening at once and we made a rushed call under pressure instead of slowing down and thinking it through.
from here on, that chapter is closed. we are done raising and can finally focus fully on what we do best.
we also do not want to keep going back and forth on this publicly. we will let ct and the community to digest this and form their own views. from now on we will speak with our actions, not words. our communication will be based on what we build, ship, and deliver.
to provide full transparency, we will also be commissioning an independent third-party review of the raise wallets and distribution and will share the results with the community.
We messed up by announcing an extension, and we’re correcting it.
Over the past few days we spoke with a lot of early supporters and larger allocators. Many of them wanted us to onboard additional participants they believed would be strong long-term community members.
In the moment, we listened and we optimized around a small set of voices instead of the signal that matters most: the broader community, and the commitments already made under the original terms.
We want to address the recent ICO update clearly and directly.
We messed up by announcing an extension. After taking a step back, reviewing everything, and listening to the feedback, we’re correcting it.
There will be no extension.
The Trove ICO is now concluded at $11.5M+ raised. We’re sticking to the original timeline and moving forward exactly as planned.
Our intent was to protect distribution quality, but changing timelines mid-stream created uncertainty and confusion. That’s on us, and we’re fixing it by keeping things simple and honoring the original plan.
Preferential allocation status will be reflected on the frontend, and our focus now is on executing the launch and delivering the product.
Thank you for the support and for holding us to a high standard.
Now we build so here’s the decision:
No extension. The ICO is concluded at $11.5M raised.
We’re sticking to the original timeline and moving forward with delivery. If we want to improve distribution quality and filter sybils/mercenary flow, we’ll do it the right way after the sale, with transparent processes.
Appreciate the support. Now we build.
We’ve crossed $11.5M+ raised in the Trove ICO.
All participants will receive pro-rata refunds and $TROVE before TGE. TGE will commence on 20th January, 5pm UTC.
ICO will be extended by 5 days to ensure a fair, high-quality distribution to real users and long-term community members. Ending on 16th January, 5pm UTC
Preferential Allocation wallets will see their status on the frontend.
This is about distribution integrity, not demand. Thanks for backing Trove the right way.
We’ve crossed $11.5M+ raised in the Trove ICO.
All participants will receive pro-rata refunds and $TROVE before TGE. TGE will commence on 20th January, 5pm UTC.
ICO will be extended by 5 days to ensure a fair, high-quality distribution to real users and long-term community members. Ending on 16th January, 5pm UTC
Preferential Allocation wallets will see their status on the frontend.
This is about distribution integrity, not demand. Thanks for backing Trove the right way.
5m has been committed in the Trove ICO
trovemarkets.com/ico











