The Stellar Development Foundation announced five winners of its $5 million Bridge Bounty Program, awarding up to $1 million in XLM each to teams building cross-chain interoperability solutions connecting Stellar with other DeFi ecosystems. Winners include Allbridge, Axelar, Cubist, Kaladin, and Multichain.
The Stellar Development Foundation launched the Bridge Bounty Program to support projects building blockchain interoperability solutions that connect Stellar with other DeFi ecosystems. The program committed $5 million in XLM, awarding up to $1 million each to five selected teams. The winners, announced after careful evaluation of their products, code repositories, and team qualifications, are Allbridge (a top-10 asset bridge with $6.3B bridged), Axelar (cross-chain communication infrastructure), Cubist (multi-chain dApp platform for Soroban contracts), Kaladin (P2P crypto asset exchange protocol), and Multichain (leading decentralized cross-chain bridge supporting 61 chains). These projects will help establish Stellar as a leading interoperability gateway and provide reference models for future chain integrations.
