Cycle 35 Preliminary Review Results

We’re pleased to share the results of Cycle 35 preliminary review.

Key Statistics

  • Total Applications received: 19
  • Previous Cycle rollovers: 10
  • Passed preliminary review: 13
  • Score Required to Advance: 7 or higher

Audits submitted up until today: 31 rolled over and 6 new

All audit submissions from the previous Cycle were rolled over. This was necessary to include one more question and rubric for proper Interop alignment.

Applications were reviewed and scored by the GrantNerds in this phase and will now move to Final Review.

You can find a detailed list here.

Budget Overview:

  • Total OP Requested by Finalists: 15,365,599 OP
  • Grants Council Budget: 3,285,070 OP

Next Steps:

  • Finalists will now be evaluated by Final Reviewers.
  • An NPS form will be sent to declined applicants to collect feedback and assess the Grants Council’s KPI.

Reminder: Expected Impact on the Intent

The Grants Council awards grants on behalf of the Token House to drive progress toward the Superchain TVL growth mission. In Season 7, all Governance Fund missions are measured against the following success metrics:

:white_check_mark: Increase Superchain TVL (denominated in USD)
:white_check_mark: Increase Stablecoin TVL across the Superchain
:white_check_mark: Increase Wrapped Asset TVL across the Superchain
:white_check_mark: Increase Bridged Asset TVL across the Superchain

Finalists, please check the “results” tab in your application’s sidebar for feedback. You have until Monday to add any relevant information in the comments.

Stay tuned for final selections by March 20th!

Cycle 35 projects list:

Nr Title OP requested Avg Score Result
1 Morpho on OP Mainnet: Moonwell Flagship USDC Vault and Isolated Markets 100,000 7.66 Pass to Final Review
2 40acres Finance 120,000 7.33 Pass to Final Review
3 SONEX(Soneium) Grant Application 500,000 7.33 Pass to Final Review
4 Uniswap on Superchain (OP, INK, Unichain) 500,000 7.33 Pass to Final Review
5 Aave 2,000,000 7.00 Pass to Final Review
6 Fluid on Superchain 400,000 7.00 Pass to Final Review
7 Morpho USDT0 Growth Grant Application 500,000 7.00 Pass to Final Review
8 Resolv: Bootstrapping USR and RLP TVL on Base and OP Mainnet 1,000,000 7.00 Pass to Final Review
9 Spark sUSDC on Base 1,000,000 7.00 Pass to Final Review
10 Veil.cash 25,000 7.00 Pass to Final Review
11 Giza: Agentic DeFi Appplication 300,000 6.66 Pass to Final Review
12 DeSyn Protocol (Liquidity Infra) 50M TVL Growth Proposal 1,000,000 6.00 Pass to Final Review
13 SwapBased S7 Application 50,000 6.00 Pass to Final Review
14 Gamma Strategies S7 Grant Application 100,000 6.66 Declined
15 Orderly S7 Application 200,000 6.33 Declined
16 yUSD: Institutional Yield on Superchain 100,000 6.00 Declined
17 Contango S7 application 200,000 5.66 Declined
18 Hermes: Supporting Superchain TVL Growth 50,000 5.66 Declined
19 LIKWID.FI S7 TVL Application 30,000 5.66 Declined
20 PumpBTC Grant Application 400,000 5.33 Declined
21 SuperVol S7 TVL Application 80,000 5.00 Declined
22 Everclear OP Grant Application 300,000 4.66 Declined
23 Flip: NFT Liquidity Solutions 50,000 4.66 Declined
24 Integrating OP in the Kinto Wallet and Kinto’s Musubi chain abstraction platform 60,000 4.66 Declined
25 Stryke 100,000 4.66 Declined
26 Demether grant request for demSOL 250,000 4.33 Declined
27 Flove 25,000 4.00 Declined
28 JEFE UNIVERSITY DEFI ZOMBIE 25,000 4.00 Declined
29 SuperchainPulse: Cross-Chain Activity Dashboard for the Optimism Superchain 41,502 2.00 Declined
30 Euler Finance - Season 7 500,000 Pushed from C34
31 Mountain Protocol (USDM) - Grant Application 130,000 Pushed from C34
32 Extrafi S7 Grant Application 150,000 Pushed from C34
33 f(x) Protocol deployment on Base 100,000 Pushed from C34
34 iETH 50,000 Pushed from C34
35 Morpho Incentives 700,000 Pushed from C34
36 Neemo Finance application 100,000 Pushed from C34
37 Pendle x Ethena: Bootstrapping USDe/sUSDe TVL on Base 500,000 Pushed from C34
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Congrats to all participants and best of success for their projects!

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