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The results of the Solana Radar hackathon have been announced, and the decentralized currency exchange platform Reflect has won the championship

The results of the Solana Radar hackathon have been announced, and the decentralized currency exchange platform Reflect has won the championship

ChaincatcherChaincatcher2024/11/21 12:00
By:Recommended Reading

This competition brings together founders and developers from over 120 countries, dedicated to building products in areas such as infrastructure, gaming, decentralized physical infrastructure networks (DePIN), DAOs, DeFi, payments, and various consumer applications.

Author: Ibuidl

Radar is the 10th hackathon hosted by the Solana Foundation and the 2nd organized by Colosseum. This competition brings together founders and developers from over 120 countries, dedicated to building products across various fields including infrastructure, gaming, decentralized physical infrastructure networks (DePIN), DAOs, DeFi, payments, and various consumer applications.

The event attracted over 10,000 participants forming teams, submitting 1,359 final projects for review, making it the largest crypto hackathon to date. Sphere, Solana Mobile, Drift, MetaDAO, Portal, Dialect, MagicBlock, and Wormhole partnered with the Solana Foundation as sponsors of this hackathon, providing a platform for founders in the crypto space to kickstart their journeys.

Dan Albert, Executive Director of the Solana Foundation, stated, "The Solana hackathon showcases the rapid growth of developer talent and innovation within the ecosystem. The ideas and founders emerging from the Solana Radar Hackathon are driving real momentum, and the next wave of products will further strengthen this ecosystem."

Here are the award winners:

The overall champion, Reflect, a decentralized currency exchange platform based on hedged stablecoins, won the grand prize of $50,000 USDC and a pass to the 2025 Abu Dhabi Breakpoint conference.

Consumer Applications Track

The first prize was awarded to Pregame, a peer-to-peer sports betting platform, with a prize amount of 30,000 USDC.

Other awards are as follows:

  • Second Place: Trenches.top

    A platform that tokenizes the reputation of Memecoinalpha callers;

  • Third Place: Genesis

    A platform for fractional and tokenized intellectual property investments;

  • Fourth Place: Fanplay

    A platform providing a new betting and mini-game marketplace for live hamster racing;

  • Fifth Place: Wink

    A trading marketplace offering customizable flashing templates.

Although these projects did not win awards, we would like to specially acknowledge the following honorable mentions (in no particular order):

  • Blinkord
  • Hype3
  • Alora

Crypto Infrastructure Track

The first prize was awarded to Txtx, a platform providing runbooks for engineering teams, with a prize amount of 30,000 USDC.

Other awards are as follows:

  • Second Place: Tokamai

    A developer tool for capturing errors and real-time monitoring;

  • Third Place: Chakra Drive

    An end-to-end decentralized file storage network;

  • Fourth Place: Verve

    An open-source embedded smart wallet infrastructure;

  • Fifth Place: Dashy

    A wallet cluster management tool;

Although these projects did not win awards, we would like to specially acknowledge the following honorable mentions (in no particular order):

  • Solpipe
  • Unruggable
  • LOOK

Gaming Track

The first prize was awarded to Supersize, a fully on-chain high-risk multiplayer game, with a prize amount of 30,000 USDC.

Other awards are as follows:

  • Second Place: TheArena

    A player-to-player social trading game;

  • Third Place: Windfall

    A game based on utilizing LST (liquid staking tokens);

  • Fourth Place: Barnfight

    A unique gaming solution allowing the community to play token-incentivized games together;

  • Fifth Place: Quantro

    A player-to-player ETF trading game;

Although these projects did not win awards, we would like to specially acknowledge the following honorable mentions (in no particular order):

  • Degen Markets
  • TrenchTown

Decentralized Finance Track

The first prize was awarded to Squeezee, a platform for long and short token trading, with a prize amount of 30,000 USDC.

Other awards are as follows:

  • Second Place: Blackpool

  • A dark pool trading platform supporting zero-knowledge proofs (ZKP);

  • Third Place: Pye

    A market enabling stakers to sell their staking rewards in advance;

  • Fourth Place: Neutral Trade

    A platform for investing through on-chain multi-strategy hedge funds;

  • Fifth Place: Watt

    A volatility farming protocol generating real yields through natural market arbitrage.

Although these projects did not win awards, the judges would like to specially acknowledge the following honorable mentions (in no particular order):

  • Repo.trade
  • Bestlend
  • Solana Gives
  • Oro
  • Kiwi

Decentralized Physical Infrastructure Networks Track

The first prize was awarded to SvachSakthi, a cooperative network for renewable energy, with a prize amount of 30,000 USDC.

Other awards are as follows:

  • Second Place: AdX, a decentralized advertising network;
  • Third Place: Cura, a decentralized pet collar for dog walkers;
  • Fourth Place: Netsepio, a decentralized VPN and WiFi hotspot service;
  • Fifth Place: Kiko Network, a decentralized user-owned weather station network;

Although these projects did not win awards, the judges would like to specially acknowledge the following honorable mentions (in no particular order):

  • Unkomon
  • Pont Network

Payments Track

The first prize was awarded to FXSwap, a protocol for efficiently exchanging foreign currencies and stablecoins, with a prize amount of 30,000 USDC.

Other awards are as follows:

  • Second Place: Hylo, a dual-token stablecoin system supported by LST;
  • Third Place: Split Finance, a pay-later payment solution;
  • Fourth Place: Ribh Finance, a payment and inventory restocking solution for small and medium-sized enterprises;
  • Fifth Place: Quartz, a tax-efficient exit solution that does not require selling tokens;

Although these projects did not win awards, the judges would like to specially acknowledge the following honorable mentions (in no particular order):

  • POW Cards
  • Bando
  • Zerocut
  • LocalSolana

DAO and Network States Track

The first prize was awarded to AlphaFC, a project providing a community platform for fan-operated sports teams, with a prize amount of 30,000 USDC.

Other awards are as follows:

  • Second Place: Marshmallow, an application teaching financial literacy to children through on-chain tools;
  • Third Place: Bizzed, a community platform providing assessment and group investment for small and medium-sized businesses (SMBs);
  • Fourth Place: LivingIP, a community platform for information and storytelling;
  • Fifth Place: Blonk, a solution for creating DAO multi-signatures for collective action based on Telegram;

University Award

The University Award is established to recognize projects led by university students, with the winning project being Lexicon, which received a prize of $10,000 USDC.

Public Goods Award

The Public Goods Award recognizes open-source projects that benefit developers in the Solana ecosystem, with the winning project being Attest Protocol, which received a prize of $10,000 USDC.

Climate Award

The Climate Award recognizes projects that consider climate change and sustainability in their construction, with the winning project being Endcoin, which received a prize of $5,000 USDC.

That's all! Congratulations to all the winners!

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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