Hackathon Summary
The Balancer v3 Hookathon brought together developers to explore the capabilities of the Balancer v3 hooks framework. The event included 31 projects and 122 registered developers, focusing on customizing automated market makers (AMMs) through Balancers new architecture. Developers worked to innovate pool behaviors, enhance liquidity management, and expand design possibilities within the decentralized finance (DeFi) space. Key innovations included custom fee mechanisms and advanced liquidity management tools, contributing to the growth of the ecosystem. Participants interacted with Balancers core developers, enhancing collaboration and inspiring real-world applications. The Hackathon provided $BAL rewards to impactful projects, giving participants visibility in the DeFi community. Overall, the event emphasized creativity and collaboration to integrate the hooks framework into functional solutions.
Hackathon Winners
After evaluating 45 submissions, the winners of the Balancer v3 Hookathon have been announced. Awards were divided into top prizes and other notable prizes.
Top Prizes Winners
VolatilityLoyaltyHook : This project introduces a dual reward system that aims to stabilize market volatility while incentivizing trading loyalty. It provides discounts on exchange fees to users who hold tokens for a long time.
Prediction Market Hook : This project focuses on decentralized prediction markets that operate without relying on centralized control. It provides income to liquidity providers through swap fees and reduces price manipulation through 0% arbitrage swap fees.
MEV Tax Hook : The project captures the maximum extractable value of the liquidity pool through a dynamic fee structure that takes transaction priority into account to benefit suppliers and the Balancer ecosystem.
Other Prizes Winners
Protofire - Dynamic Fees and Reinvesting : The project stabilizes liquidity pools through dynamic fee adjustments, implements long-term supplier rewards by investing in lending markets, and supports token swaps.
Volatility Fee Hook : This project dynamically adjusts pool swap fees based on market volatility, using a model with configurable incremental and exponential fee multipliers to enhance market stability.
For more detailed insights and technical specifications, attendees and interested individuals can view all submitted projects on DoraHacks .
About the organizer Balancer
Balancer is a protocol dedicated to advancing the development of automated market makers (AMMs) within DeFi. It provides developers with a permissionless technical framework and supports liquidity providers with a comprehensive decentralized exchange (DEX) product. As a well-known entity in the DeFi space, Balancer promotes seamless integration and innovation in blockchain technology. The organization is committed to expanding DEX products to enable users to maximize the efficiency of liquidity provision and decentralized trading. For more information about Balancer, visit its website and Twitter .
