The Solana Foundation, the overseers and principal supporter of the Solana blockchain platform, today announced the winners of the Solana Season hackathon, which attracted 350 project teams from East Asia, India, Eastern Europe, Africa, Vietnam, and Brazil to participate in building decentralized applications on Solana’s layer-1 blockchain.
Grand Prize Winner
Among the 39 standout projects across DeFi, NFTs, Web3, and beyond, under-collateralized DeFi options platform, Zeta.Markets, emerged as the grand prize winner. Founded with a mission to enable anyone to hedge, speculate, and take opinions on a limitless variety of market movements, Zeta.Markets will introduce a hybrid orderbook and automated market-making platform that allows for efficient pricing, deep liquidity, and greater capital efficiency via portfolio margining capabilities. Zeta.Market is powered by Pyth Oracles and plans to integrate with the Serum DEX, the first central limit order book (CLOB) for trading, data, pricing, and risk management built on Solana.
The Runner-Ups
Runner-ups across the main categories of the hackathon include:
- Solend, an algorithmic, decentralized protocol for lending and borrowing.
- DeFi Land, a multi-chain agriculture simulation web game created to gamify decentralized finance.
- Switchboard, a decentralized, community-curated oracle network on Solana.
- Coral Reef, an NFT marketplace.
- All-Art, a protocol for liquidity pool AMMs.
- Bubl, a decentralized event hosting, and ticketing dApp.
- Solarium, a fully decentralized, end-to-end encrypted, censorship-resistant instant messenger based on the Solana blockchain.
Best Integration Projects
As a way to further facilitate the growth of its ecosystem, the Solana Foundation teamed up with other notable crypto Solana-based projects like Serum, KIN, Pyth, and Raydium to select project submissions that best integrated with their respective technologies.
These award winners include:
- Slope, a community-based decentralized exchange built on Solana, selected by Serum.
- Cyclos, a concentrated liquidity market maker on Serum order books.
- Francium, a leveraged yield aggregator built on Solana, selected by KIN.
- Solfarm, selected by Pyth.
- Laguna Finance, selected by Raydium.
Successful Hackathon
Optimized for scalability to power this generation of consumer applications built on the blockchain, this hackathon allowed Solana to improve essential documentation, tooling, and other educational resources to better serve developers that are integrated into their software.
Participants were encouraged to build Solana-based apps and hackers were allowed to build tools or any infrastructure they believed would be beneficial to the overall ecosystem. Projects were evaluated based on five categories: functionality, potential impact, novelty, design/UX, and composability.
For the full list of projects, click here.
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