Stock splits are a normal part of owning and trading equities. As Grvt grows its lineup of perpetuals on traditional assets, splits will happen from time to time. This article explains what a split means for your positions and why on Grvt it requires nothing from you.

What is a stock split?

A stock split changes the number of shares a company has without changing what the company is worth. In a four for one split, every share becomes four shares, and the price of each share drops to about one quarter of what it was. The value of what you hold stays the same. Companies do this to keep their share price accessible, and it says nothing good or bad about the stock itself.

A reverse split works the other way: fewer shares at a higher price, with total value again unchanged.

What does this mean for my position on Grvt?

Nothing changes about the value of your position. When a split happens, Grvt adjusts your position automatically so that it matches the new share price:

• Your position size is multiplied by the split factor
• Your average entry price is divided by the same factor
• Your position value, unrealized PnL, and margin stay exactly the same

Here is a real example from the CrowdStrike four for one split in July 2026, for a long position of 100 CRWD with an average entry of 780 USDT:

Same position, same value, new shape.

What happens around the split

Ahead of each split, Grvt publishes an announcement with the exact schedule. In general:

1. Before the pause. Trade normally. If you would rather not hold through the adjustment, you can close your position any time before the pause begins.
2. During the pause. Trading on the affected market pauses briefly while the adjustment is made. Open orders on that market, including take profit and stop loss orders, are canceled.
3. After the pause. Trading resumes at the split adjusted price. Your position is already adjusted, and the price chart carries over continuously.

The one thing to remember: re-place your TP and SL orders after trading resumes. Everything else is handled for you.

Why you will not be liquidated by a split

A split moves an asset's price dramatically in an instant, which is exactly the kind of move that could wrongly trigger liquidations if an exchange handled it carelessly. Grvt pauses the market during the transition so no price updates are processed while positions still reflect the old scale. Positions are adjusted first, then trading resumes. The price change from the split itself can never touch your margin.

The industry has already shown what the alternative looks like. When a split is mishandled at the price feed level, the system reads a routine corporate action as a crash, and leveraged positions get liquidated into a move that never really happened. On Grvt, a stock split is a non event for your account.

Built for where equity perps are going

Perpetuals on stocks only make sense if you can hold a position through the things stocks actually do. Splits are just the start: as Grvt's lineup of tokenized equities and traditional assets grows, corporate events become routine operational reality rather than edge cases.

That is the standard Grvt builds to. Your positions carry through market events seamlessly, and your collateral stays productive in your unified margin balance throughout. Trade NVDA, SPY, CRWD and more with the confidence that the infrastructure underneath has already answered the hard questions.

Explore tokenized stocks on Grvt

FAQ

How does Grvt make sure the adjustment is accurate?
Grvt ensures accuracy by sourcing the exact split ratio and ex-date directly from a specialized corporate-actions data provider, rather than trying to infer it from sudden market price jumps.

To safeguard against a flawed or delayed price feed, Grvt does not rely on a single source.

Before the market can reopen, a quorum of multiple oracle sources must all agree on the new adjusted price within strict sanity bands.

Finally, the system runs an automated quality assurance check to verify that every account's equity remains mathematically identical before and after the transition.

How long does the trading pause last?
The pause typically begins ahead of the split's effective date, covering the overnight and pre market session, and trading resumes the following morning during Asian market hours. Exact times are published in the announcement for each split, and may be adjusted depending on when the split adjusted price is confirmed.

Why does trading need to pause at all?
A pause is a critical safety measure designed to protect users from unwarranted liquidations.

Stock splits create artificial price cliffs; for instance, a 10-for-1 split immediately turns a $100 stock into a $10 stock.

If the market remained open and a price feed delivered this post-split price against your pre-split position size, the system would interpret it as a phantom market crash and trigger a mass-liquidation cascade.

By fully halting the market, Grvt can safely update the scale of all positions first so that the dramatic price change never touches your margin.

Does a split affect funding payments?
No. The funding rate is capped to zero during the maintenance window, so no funding payments are charged or received while trading is paused. Normal funding resumes once trading does.

Can I withdraw or transfer funds during the pause?
Yes.

Will my numbers match exactly to the last decimal?Your overall account equity remains entirely neutral, though the system must accommodate strict market rules regarding decimals.

Because non-integer split ratios can create fractional contract sizes, Grvt will always round your adjusted position size down to the nearest valid lot.

Average entry prices are also rounded to match the minimum tick size of the market.

To ensure you do not lose any value from rounding, you can close the tiny leftover fraction (the dust position) via dedust function on trading page > position tab. After position dedusted, The system takes the value of that fractional remainder and credits it directly to your collateral balance.

Does my collateral keep earning yield during the pause? All assets in your trading account continue to generate yield.

What about reverse splits, dividends, or other corporate actions?Both forward and reverse splits are supported, and handled the same way: positions are rescaled by the split ratio, with the ratio above one for a forward split and below one for a reverse split. Value stays unchanged in both cases. Dividend handling is not currently supported and is under development.