Monthly Report: March '23


Funding Breakdown to Date

In March, the Osmosis Grants Program approved five grants for a total of $115,500 in funding. This brings the total funding amount to ~$3M distributed among 63 different projects, after having received 440+ applications:

In our latest batch of grants, we're thrilled to have approved grantees to work on some of our outstanding RFPs:

  1. A Cosmos Bridge Aggregator that will allow users to easily bridge tokens to/from other ecosystems into the Cosmos ecosystem, and IBC tokens between zones from the same interface. 
  2. Interactive tutorials for cw-multi-test and osmosis-test-tube to help developers master these tools to test multi-contract interactions and build testing environments for CosmWasm smart contracts.

We're also excited to support one of the top data analytics providers in the Cosmos ecosystem with Numia, who will build a community-facing dashboard that will showcase their indexing capabilities by sharing data that is not readily accessible elsewhere, and Starship, a publicly available testing framework and infrastructure which will create and run end-to-end tests for OsmoJS and Mesh Security as an initial use case. 

Total funding by category remains largely unchanged from our previous report. Infrastructure and Apps keep their status as the most funded categories as more than half of the funding approved in our most recent batch of grants was for Apps and Infrastructure projects. 

The share of grants received by Individuals increased by more than 3% since last month, while the share of all other categories decreased, since we mostly funded Individuals in our latest batch of grants.  


In addition to the open RFPs on our website, we have a couple of high priority RFPs we're still accepting applications for:

  1. Merch Stores

We're looking for applicants who are building Osmosis Merch Stores and a Merch Store Aggregator.

  1. Interactive CosmWasm Tutorials

While we've approved Mert to work on interactive tutorials for cw-multi-test and osmosis-test-tube in our latest batch, we're still looking for contributors to create tutorials for Beaker and osmosis-std.

Apply for a grant if you're interested in participating in any of these RFPs, or reach out if you have any recommendations on who could be a good fit.

The following RFPs are now closed as we've already approved grantees to work on them:

Grantee Updates


The following grants projects have been completed over the past month:

Custom MEV Module

Following over five months of development, ProtoRev is finally live on mainnet as the first fully on-chain and protocol owned MEV mechanism. It's already generating significant revenue for Osmosis, having captured more than $30k in just three weeks after launch! You can read more about how it works in Osmosis' dedicated blog post

Augmentation of Data + Historical Charts

Map of Zones has released new charts with historical data for every zone listed on their site, including IBC volume and transfers, transaction activity, daily active addresses, daily returning addresses, and unique delegators. 

Cosmy Wasmy V2

Spoorthi has completed V2 of Cosmy Wasmy, a vscode extension for CosmWasm to help developers build smart contracts. V2 includes a bunch of new features, such as support for Beaker to sync accounts and chains, interactive documentation, a native vscode test explorer, and multiple languages.

In Progress

Below we share the latest updates from active grants projects:

Bulk Audit Purchase

Oak Security has recently published their audit report for CronCat. They've also completed audits for Phase, Streamswap, and Membrane, and will release their audit reports soon. The team is still working with IBCX on reviewing fixes after having audited their codebase too.


The Alles Labs team is almost finished adding transaction and account pages to their explorer, which should be pushed out in the next couple of weeks pending final testing and reviews. They're currently working on the flows to allow users to create proposals to upload contracts and whitelist addresses through their explorer UI. The designs for the Osmosis pool page features are also almost ready, and will be implemented soon. 

Fee Abstraction

Notional has completed the first version of the Fee Abstraction module which will allow customer chains to pay fees in any IBC token on Osmosis using oracle TWAP data. The team has already started working on the second version of the module, which will leverage packet forward middleware to allow chains to take the accumulated fees and swap them for their native token using Osmosis.

Frontend for Osmosis Outposts

The Nabla team has delivered the initial Figma designs of the UI for the Osmosis Outposts. This includes designs for the upcoming Neutron, Juno, and Sei outposts. They are now moving forward with the implementation of the open-source customizable component library.


After having completed their audit, the Phase team has deployed their smart contracts on the Osmosis testnet. They are currently working on their frontend, which will be released in the next week or so for people to start testing it out. 

Ping Pub Dashboard Improvements

The Ping Pub team is currently in the process of re-implementing Ping Block Explorer features on a new framework. They're focused on ensuring that the new framework provides developers with enhanced flexibility, enabling them to build more customized extension modules for their own blockchain.

PR for Osmosis

In March, Serotonin has helped Osmosis hone in on primary narratives and areas of focus for the coming months, such as Concentrated Liquidity and Cross-chain Swaps. They also secured and scheduled a number of podcast appearances and media introductions, including a panel discussion on Benzinga’s first-ever ‘Crypto Unlocked’ virtual event series and an introductory meeting with TechCrunch.

SDK for Trading Strategies

Dfuse has released the first version of their open-source Python trading SDK built to trade on the Osmosis DEX, with examples for CEX to DEX arbitrage and momentum strategies. The trading SDK aims to allow traders to easily set up any alpha based strategy on Osmosis. It's also built in a modular fashion so that new features, such as support for Concentrated Liquidity, can be added without altering the existing code.

Zodiac Protocol

The Zodiac team has finished their contract implementation logic. They are now working on doing a bit of polishing and putting together their documentation ahead of their audit, which is scheduled to start in a couple of weeks time.


No projects have been discontinued in March.

Current State of the OGP 

  • Total OSMO: 3,395,778
  • Total USDC: 3,441,335
  • Total funding approved: $2,982,390
  • Total funding paid out: $1,699,708, or 57% of total funding approved
  • Funding due on grant completion: $1,282,682, or 43% of total funding approved
Operational Expenses

The table below details our operating expenses over the past month:

No items found.