The Web3 Unleashed 3 Hackathon, hosted by Bybit and DMCC, concluded on November 27th, 2025, in Dubai, showcasing the city's commitment to fostering innovation in decentralized technologies. With a total prize pool of USD 140,000, the event highlighted the creativity and potential of emerging projects in the Web3 space, and the publication demonstrates positive momentum in the developments.
Participation and Growth
This year's hackathon saw participation from 90 teams, reflecting a growing interest in decentralized solutions. The competition introduced new categories to accommodate the evolving landscape of technology, emphasizing the diversity of ideas and approaches in the sector.
Winners of the Hackathon
Among the winners were:
- Yumi Finance
- Glint Analytics
- Sorachain AI
- Aurayale
- Spout Finance
Each recognized for their innovative contributions. The success of the event not only showcases the talent within the Web3 community but also reinforces Dubai's status as a leading hub for next-generation technologies.
On the same day, Injective launched its $150 million Ecosystem Fund to enhance DeFi innovation, contrasting with the recent Web3 Unleashed 3 Hackathon results. For more details, see more.
