Reya Network (Voltz) 

REYA 

What is Reya Network crypto?

Reya Network is a trading-optimized modular Layer 2, built on the Arbitrum Orbit stack and settled to Ethereum, purpose-built for perpetuals and derivatives trading. The network runs pooled, network-owned liquidity, a built-in Reya DEX, and a native stablecoin, rUSD. Reya Labs (formerly Voltz Labs) develops the project, which evolved out of Voltz Protocol, an interest-rate swap AMM launched in 2022. The native token REYA — a fixed supply of 8,000,000,000 tokens — has not launched.

When is the Reya Network TGE date, and is REYA listed on any exchange yet?

Reya Network has not held its token generation event (TGE) as of September 28, 2026. No launch date has been announced, no REYA contracts are deployed on-chain, and the token trades on zero venues — no spot, derivative, or DEX markets exist per DropsTab data. Earlier reports of a February 2026 unlock and a March 2026 TGE were not confirmed by any official source. A Polymarket prediction market exists on whether and when Reya launches its token.

How does the Reya Network Layer 2 work?

Reya Network is a modular Layer 2 that settles to Ethereum. The network targets perpetuals and derivatives trading with pooled, network-owned liquidity rather than per-market pools. A built-in Reya DEX handles trading, and rUSD serves as the native stablecoin. The design targets active perp traders and liquidity providers; trading, staking, and governance all run through the network's own infrastructure.

What is the Reya v2 upgrade?

Reya v2 is a network upgrade scheduled for September 28, 2026. Reya Labs frames v2 as an order-book infrastructure change for the network's perpetuals trading — not a token launch. The TGE schedule remains unannounced, so the upgrade does not start REYA trading.

How many REYA tokens exist and how is the total supply allocated?

REYA has a fixed total supply of 8,000,000,000 tokens. Post-launch minting requires matching burns sourced from the Assistance Fund, preserving the cap. The officially announced allocation reserves 45% of supply for the community, ring-fenced by the Reya Foundation, and 2% for the CoinList community sale. Media coverage of the tokenomics reveal cites roughly 17.5% for the Reya Labs team, 17.5% for investors, and 10% for the Foundation; the full breakdown is published only as an image in the official docs, so those splits carry medium confidence.

What does REYA's vesting schedule mean for investors?

Reya Labs team tokens and investor tokens lock for 1 year, then vest linearly over 3 years. CoinList sale tokens unlock 50% at TGE, with the remaining 50% vesting monthly over 6 months. The 45% community allocation distributes via airdrops beginning at TGE. The simultaneous TGE airdrop and 50% sale unlock create immediate sell-side float at launch, while the 1-year team and investor cliff defers — but does not remove — later unlock pressure.

Who backed Reya Network and how much did it raise?

DropsTab fundraising data shows four rounds: a 2021 pre-seed led by Entrepreneur First, a $6 million seed in January 2022 led by Framework Ventures, a $10 million round on March 26, 2024, and a CoinList community sale in November–December 2025. Backers include Coinbase Ventures, Brevan Howard, Wintermute, Amber Group, Robot Ventures, and Fabric Ventures, plus angels Stani Kulechov, Kain Warwick, Alan Howard, and Ryan Sean Adams.

What were the terms of the Reya CoinList token sale?

Reya Network ran a community sale on CoinList from November 25 to December 2, 2025. The sale offered 160,000,000 REYA — 2% of total supply — at a $150 million pre-valuation, and raised roughly $3 million. The minimum purchase was $100. Sale tokens carried 50% unlock at TGE plus 50% on linear monthly vesting over 6 months.

How do Reya Points work and is there a Reya airdrop?

Reya Chain Points reward trading, staking, and community contributions on Reya Network; the campaign has run since July 14, 2025, and points are designed to convert to REYA at TGE. An earlier Liquidity Generation Event bootstrapped network liquidity with point farming from April 21, 2024. The 45% community allocation is earmarked for airdrops starting at TGE. No airdrop distribution or eligibility registration was live as of September 28, 2026.

What does Reya Network's cap table signal about the project?

Framework Ventures is the only investor present in every institutional round — it led the January 2022 seed and returned for the March 2024 round. No single VC dominates the cap table, which limits single-holder unlock concentration but also means no lead backer carries outsized commitment. Participation from Coinbase Ventures and Brevan Howard alongside DeFi-native angels signals institutional reach, while the modest raise sizes — $6 million and $10 million — leave post-TGE liquidity dependent on the network's own bootstrapping rather than deep VC treasuries.