We’re pleased to share the final results of Cycle 35, marking the successful completion of the third cycle under Season 7.
Key Outcomes
- Applications Approved: 6
- Applications Deferred to Cycle 36: 6
- Applications Declined on Final step: 9
Funding Overview
- Total OP Granted for TVL Growth: 2,050.000
- Remaining Budget for future cycles: 386.000
The Grants Council has decided not to request additional OP for this season, even if that means concluding the season earlier than anticipated. Instead, the Council will only request more OP if an exceptional application is submitted during Cycle 36, one that is clearly aligned with our goals and exceeds the remaining budget.
Cycle 36 Outlook
- 12 new applications for TVL Growth submitted
- 2 new Audit Requests submitted (so far)
As always, thank you to the Developer Advisory Board (DAB) for their insights on all Final Review applications.
We appreciate the efforts of all applicants, reviewers, and stakeholders in Cycle 35 and look forward to refining and scaling the process in Cycle 36! 
Here is the final list of Cycle 35:
| Nr | Title | OP requested | Result |
|---|---|---|---|
| 7 | Morpho on OP Mainnet: Moonwell Flagship USDC Vault and Isolated Markets | 100,000 | Passed |
| 8 | Uniswap on Superchain (OP, INK, Unichain) | 500,000 | Passed |
| 9 | Morpho USDT0 Growth Grant Application | 500,000 | Passed |
| 10 | Fluid on Superchain | 400,000 | Passed |
| 11 | Euler Finance - Season 7 | 500,000 | Passed |
| 12 | iETH | 50,000 | Passed |
| 1 | SONEX(Soneium) Grant Application | 500,000 | Pushed to C36 |
| 2 | Aave | 2,000,000 | Pushed to C36 |
| 3 | Resolv: Bootstrapping USR and RLP TVL on Base and OP Mainnet | 1,000,000 | Pushed to C36 |
| 4 | f(x) Protocol deployment on Base | 100,000 | Pushed to C36 |
| 5 | Morpho Incentives | 700,000 | Pushed to C36 |
| 6 | Pendle x Ethena: Bootstrapping USDe/sUSDe TVL on Base | 500,000 | Pushed to C36 |
| 13 | 40acres Finance | 120,000 | Declined |
| 14 | Giza: Agentic DeFi Appplication | 300,000 | Declined |
| 15 | Spark sUSDC on Base | 1,000,000 | Declined |
| 16 | Veil.cash | 25,000 | Declined |
| 17 | DeSyn Protocol (Liquidity Infra) 50M TVL Growth Proposal | 1,000,000 | Declined |
| 18 | SwapBased S7 Application | 50,000 | Declined |
| 19 | Mountain Protocol (USDM) - Grant Application | 130,000 | Declined |
| 20 | Extrafi S7 Grant Application | 150,000 | Declined |
| 21 | Neemo Finance application | 100,000 | Declined |