Q2 2025 Allocation Insights

Community & education Appcon Slice Event aimed at familiarizing a non-crypto audience with Ethereum applications and experiences, taking place during Milan Design Week in Italy. Community & education Bhutan Dev Fest GovTech Agency Hackathon in Paro, Bhutan bringing together local and international innovators to create solutions utilizing decentralized technology, including Bhutan’s self-sovereign National Digital Identity (NDI) empowering citizens to manage and selectively disclose their personal data. Community & education Blockchain Days ODTÜ Blockchain Conference organized by students in Ankara, Türkiye, focusing on subjects such as cryptography, governance, and DeFi. Community & education Blockfuse Labs IRL Bootcamp Cohort 3 Developer training initiative in Jos, Nigeria designed to transition web2 developers into web3 builders through in-depth technical education in Solidity and blockchain essentials with experiential learning, hackathons, and project exhibitions. Twitter Community & education Code Africa Hackathon One Dev Hybrid hackathon hosted in Nairobi, Kenya, concentrating on developing projects to bring Africa onchain, with themes including infrastructure, tooling, healthcare, and education. Community & education Copenhagen Ethereum Meetup 10 Years Anniversary Meetup marking the 10-year anniversary of the Copenhagen Ethereum Meetup community group. Community & education Cornell Blockchain Conference Cornell Blockchain Club Conference hosted in New York City, USA, centered around topics such as bridging web2 to web3, DeFi, and regulations. Community & education Crecimiento Initiatives for developing the Ethereum ecosystem in Buenos Aires, Argentina from May to November 2025, comprising Ethereum-aligned temporary cities, summits, hackathons, bootcamps, and other collaborative activities. Community & education Deep Dive into Blockchain Summer School UZH Blockchain Center Summer school providing a comprehensive examination of blockchain technology, addressing its technological, economic, and legal foundations through a highly engaging 3-week course that merges theory with practical experience. Community & education Destino Devconnect Grant selection focused on promoting community-led events and initiatives that facilitate bringing Argentina and the wider Latin America region onchain. Community & education Edge City Supporting Edge City’s temporary villages of 2025, which unites individuals operating at the cutting edges of technology, science, and social innovation to conduct real experiments on new concepts and collaborations. Twitter, Email “““html

Community & education eSatya Community Meetups Community assemblies hosted in Kathmandu, Nepal examining subjects such as the intersections of blockchain, AI, and social influence. Community & education ETH Beijing Hackathon PKU Blockchain DAO & WTF Academy Student-led hackathon held in Beijing, China with focuses on public goods and AI x Crypto. Community & education ETH Belgrade Conference and hackathon tackling themes such as infrastructure and scaling, privacy, and developer tools, conducted in Belgrade, Serbia. Community & education EthCC[8] Ethereum France Conference hosted in Cannes, Paris around subjects like core protocol & research, zero knowledge & cryptography, and security. Community & education ETH Cinco de Mayo Accessible conference and hackathon taking place in Mexico City, Mexico that encompasses a 1-month university onboarding initiative. Community & education ETHCluj 2025: Ethereum for Everyone Conference held in Cluj-Napoca, Romania delving into tracks such as the Ethereum roadmap, developer onboarding, and AI. Community & education ETH Dublin Conference and hackathon organized in Dublin, Ireland focusing on themes like public goods, privacy and security, and DeFi. Community & education Ethereum México Supporting Ethereum México’s 2025 goals to enhance the Ethereum ecosystem in Mexico via educational and community-focused initiatives. Community & education Ethereum Novi Sad Fostering the development of a student-led Ethereum community in Novi Sad, Serbia with support from professors and assistants from the local technical university who will assist students in self-organizing, hosting events, and creating a sustainable local ecosystem. Community & education Ethereum Research-a-thon TUM Blockchain Club Event conducted in Munich, Germany uniting participants to brainstorm on impactful research challenges, forming teams to investigate theoretical ideas, construct simulation models, or suggest new mechanisms with mentorship from prominent researchers. Community & education ETHKL Promoting ETHKL’s progress and self-sustainability investigation through a series of initiatives involving meetups, a hacker house, conference, and hackathon. Community & education ETHWarsaw Backing ETHWarsaw’s 2025 endeavors including their annual conference and hackathon, monthly Ethereum meetups, blockchain bootcamps, workshops, a legal symposium, podcast episodes, and a newsletter. Community & education magma3 Borderless Africa Residency arranged in Kenya for African builders and founders featuring office hour sessions, peer-to-peer coordination, and workshops. “““html
Community & education Mozilla Festival Mozilla Foundation Worldwide open-source assembly uniting activists, tech experts, and creatives to cooperate on constructing a more transparent, inclusive, and reliable internet. Community & education Onchain Bootcamp Chula Blockchain Society Ethereum-centered bootcamp held at Chulalongkorn University in Bangkok, Thailand that educates attendees on practical abilities in smart contracts, Layer 2s, decentralized applications, real-world implementations, and job prospects. Community & education Pectra Staking Manager Pier Two Open-source platform that enables Ethereum validator users to effectively handle their validators post-Pectra, offering an accessible tool for consolidating, withdrawing, and replenishing their validators. Community & education Pop-X Hong Kong ETHDimsum Research institution and gathering dedicated to interoperability, user experience, and programmable cryptography, taking place in Hong Kong. Community & education ProgCryptoSG Meetup #5 Gathering featuring discussions on the Sumcheck Protocol and verifiable AI in DeFi, hosted in Singapore. Community & education Project Glitch Monthly educational gatherings in Washington, DC aimed at lawmakers and policy specialists concentrating on cryptocurrency and privacy, along with other pertinent subjects. Community & education RareWeek RareSkills Educational zk bootcamp and collaborative event targeting developers and security researchers hosted in Bali, Indonesia. Community & education Science of Blockchain Conference (SBC) 2025 IC3, Stanford Center for Blockchain Research, & UC Berkeley RDI Scholarly symposium centered on blockchain protocols, cryptography, distributed systems, secure computing, and cryptoeconomics in Berkeley, USA. Community & education Unphishable DeFiHackLabs Web3 anti-phishing educational platform to improve awareness of security within the blockchain community. Community & education Urbe Village urbe.eth Temporary village in Rome, Italy revolving around topics of privacy, finance, and AI via activities like the Urbe Campus bootcamp, workshops, and the ETHRome hackathon. Community & education Web 3.0 Summer School & Hackathon Indian Institute of Information Technology (IIIT) Sri City Summer program providing undergraduate students with essential and advanced principles in web3 and decentralized applications, concluding with a national hackathon. Community & education ZK Core Program in Argentina,
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Brazil, & Ecuador ArgCryptoHub, ERC55, & ETH Ecuador Nurturing the local ZK community in Argentina, Brazil, and Ecuador by initiating its growth through a 6-week educational course and regular gatherings aimed at students and entry-level developers. Community & education Zuitzerland Residency organized in Switzerland, exploring subjects including Swiss governance and democracy, d/acc, and Ethereum and cypherpunk. Twitter, Telegram, Email Community & education 10 Years of Ethereum Meetups Grant round endorsing local community leaders in organizing a series of worldwide meetups to commemorate the 10-year milestone of the Genesis block. Consensus layer EIP-7917: Deterministic Proposer Lookahead Lin Oshitani Promoting EIP-7917, which includes writing explanatory documents and unit tests, engaging in the All Core Devs discussions, and advocating for its integration on mainnet. Consensus layer GossipSub Analytics Towards PeerDAS ProbeLab Creating or expanding the existing tools to evaluate the performance of the network and the GossipSub protocol in the Ethereum ecosystem as it prepares for the PeerDAS transition. Consensus layer PeerDAS Roadmap Support ProbeLab Aiding the PeerDAS roadmap by examining the efficiency of distributed blob publishing, getBlobs hit rate, and developing a tool to assist in verifying node custody checks. Consensus layer ream Ream Labs A modular, contributor-friendly, and rapid implementation of the Beam Chain specification developed in Rust. Consensus layer Recursive zkVM for Signature Aggregation Tom Wambsgans Developing a straightforward, efficient recursive zkVM for signature aggregation in Rust, along with documenting its specification in Python. Consensus layer ROP-9.4: FOCIL Implementation, Tests, & Devnets Jihoon Song FOCIL interoperability among clients, generating test suites for both consensus and execution layers, and collaborating with core developers. Cryptography & zero knowledge proofs ArkLib Quang Dao Creating a Lean library for formally verified cryptographic proof systems grounded on Interactive Oracle Proofs (IOPs). Cryptography & zero knowledge proofs Binius in Lean Incorporating a formalization of Binius-related work into ArkLib, Lean’s database of formally validated SNARKs, featuring construction codes over the binary tower field (BTF), as well as several constructions atop BTF (Binary FRI, Binary BaseFold, Ligero-Binius, FRI-Binius) and soundness/completeness proofs. Cryptography & zero knowledge proofs

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zero knowledge proofs Clustering Differential Trails in Algebraic-Oriented (AO) Primitives Grouping differential trails into differentials or truncated differentials by examining and pinpointing target primitives or associated toy hashes/ciphers, investigating the grouping of trails into differentials in AO utilizing Matsui searches or similar tools, exploring truncated trails, and evaluating potential malicious architectures. Part of the Poseidon Grants Round. Cryptography & zero knowledge proofs Cryptanalysis of Poseidon-Based Fiat-Shamir Protocols Hayk Hovhannisyan, Nerses Asaturyan, & Gohar Hovhannisyan Evaluating the security of the reduced-round Poseidon hash function when applied within non-interactive ZK protocols that create public randomness using the Fiat-Shamir technique, as part of the Poseidon Grants Round. Cryptography & zero knowledge proofs Ethproofs Contribution Fara Woolf Participating in the ongoing enhancement of Ethproofs by improving its core features and user interface, concentrating on aspects like refining the block proof explorer layout and UX, advancing data visualization functions for proof metrics, and streamlining proof comparison capabilities. Cryptography & zero knowledge proofs Groebner Basis Attack Research Ludovic Perret Executing a comprehensive series of tests with the Groebner basis attack to evaluate the security of Poseidon and its appropriateness as a component in the Ethereum protocol, as part of the Poseidon Grants Round. Cryptography & zero knowledge proofs Integral Cryptanalysis & Security Arguments Against Statistical Attacks for Arithmetization-Oriented Primitives Tim Beyne & Michiel Verbauwhede Delivering more robust security claims against linear and differential cryptanalysis for primitives defined over extensive fields and broadening (ultrametric) integral cryptanalysis to finite fields of any characteristic, as part of the Poseidon Grants Round. Cryptography & zero knowledge proofs Plonky3 in Rocq Formal Land Establishing an extraction from Plonky3 to Rocq and showcasing its applicability by verifying important components of Plonky3-based zkVMs. Cryptography & zero knowledge proofs Privote Shashank Trivedi Decentralized private voting platform that allows individuals to conduct and engage in polls while maintaining voter anonymity and integrity through MACI with seamless user experience. Cryptography & zero knowledge proofs Proof Generation & Orchestration Optimization ZkCloud Creating block proofs and uploading them to Ethproofs, alongside developing an open-source, enhanced orchestrator to speed up proof generation. Cryptography & zero knowledge proofs Quantum Computer Canary p51lee Examining the potential risks that quantum computers present to the Ethereum cryptographic ecosystem, offering a solid introduction to the mathematics and terminology surrounding quantum algorithms, as well as mechanical descriptions of their functionality.

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Cryptography & zero knowledge proofs ZKarnage ProofLab Deploying and evaluating “prover killer” transactions on Ethereum mainnet, designed to stress-test proving systems such as Ethproofs and generating awareness for it. Cryptography & zero knowledge proofs zk-FOCIL R&D Shreyas Londhe & Suyash Bagad Crafting, executing, and benchmarking the SNARK-based instantiation of the Linkable Ring Signature scheme as outlined in the zk-FOCIL proposal. Developer experience & tooling BuidlGuidl Community of builders focused on Ethereum developer education, emphasizing the expansion of SpeedRunEthereum, simplifying the building process on Ethereum with tools like Scaffold-ETH 2, and providing education to university students worldwide through Ethereum on Tour. Developer experience & tooling Decentralized Verifiable Frontends Interplanetary Shipyard Initiative enabling users to obtain and validate frontend data directly from decentralized networks like IPFS, diminishing dependency on centralized systems and alleviating risks like censorship, outages, and supply chain attacks. Developer experience & tooling EIPsInsight Avarch Improving the visibility and usability of the EIP process by providing real-time upgrade tracking, lifecycle analytics, and contributor education, in addition to offering new tools for community involvement such as a trends dashboard, guided submission creator, and customizable EIP status alerts. Developer experience & tooling eRPC Upgrading and sustaining eRPC, a fault-tolerant EVM RPC proxy and re-org aware permanent caching solution. Developer experience & tooling Glider Query Database Contest Hexens Supporting the prize pool for security community submissions of Glider queries into an open-source query database, to safeguard onchain mainnet contracts and initiatives from exploits, crowdsourcing vulnerability queries from the extensive Ethereum security community. Developer experience & tooling Kurtosis Tedi Mitiku Upgrading and managing Kurtosis, an open-source platform designed for packaging and launching ephemeral backend stacks with a focus on accessibility for the average developer. Developer experience & tooling Lean Backend for Hax Cryspen Creating a Lean backend for Hax, a tool for high assurance translations of a significant subset of Rust into proof of language (currently Rocq and F*) suitable for proving its correctness. Zulip Developer experience & tooling Paymaster Management App Patterns Open-source tool that allows developers to effortlessly define, oversee, and evaluate gas sponsorship policies
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for ERC-4337 account abstraction wallets. Developer experience & tooling Simbolik Runtime Verification A Solidity debugger that integrates with Visual Studio Code, enabling simulation and inspection of contract execution at both Solidity and EVM levels, along with support for breakpoints, variable examination, and symbolic execution. Developer experience & tooling sol-dbg Dimitar Bounov A Solidity debugger utilizing an experimental interpreter method suitable for optimized EVM bytecode produced by any Solidity compiler, developed as a TypeScript library to ensure it remains small, modular, and easily integrable into various projects. Developer experience & tooling Tycho Indexer PropellerHeads Creating and executing an open-source routing algorithm for anyone to utilize, trade, build upon, and adapt. Execution layer Gas Limit Performance Testing Nethermind Establishing infrastructure to assess various execution layer clients under elevated gas limits, pinpointing bottlenecks, and developing tools to replicate mainnet scenarios. General research Preconfirmation Systematization of Knowledge Conor McMenamin & Lin Oshitani Developing an open Systematization of Knowledge regarding preconfirmations in Ethereum, encompassing theory, implementations, critiques, and unresolved inquiries. General growth & support Brazil Community Currency Evolution Plexos Institute Transforming a community currency platform from web2 to web3 by evaluating the migration procedure and examining the potential to expand to its 170 municipality partners in Brazil and beyond. General growth & support Ethereum House Initial support for Ethereum House in San Francisco’s Frontier Tower, a physical hub for the Ethereum community in Silicon Valley designed to promote crypto innovation, encourage cross-industry collaboration, and enhance community involvement. General research Academic Grants Round Funding grants for formal research aiming to expand understanding of Ethereum, blockchain technology, and related fields. General research DAOStar Research Fellowship DAOStar A program spanning three months that seeks to deliver actionable research regarding the status of regional DAOs, digital governance, and additional topics. Layer 2 Unstoppable Rollups Facet Enhancing governance-minimized, censorship-resistant rollups by collaborating with Ethereum Foundation researchers to embed rollup validation directly into Ethereum and maintaining Facet, a production-ready, governance-minimized rollup. Twitter Other BundleBear “““html
Kofi Presenting comprehensive tracking and metrics for EIP-7702 and its correlation with ERC-4337 by indexing EIP-7702 activities, revealing wallet usage patterns, assessing authorized contract behaviors, and evaluating how EIP-7702 wallets engage with ERC-4337 infrastructure. Miscellaneous Decentralization Research Center A non-profit organization that promotes decentralization as a core attribute of new technologies. This encompasses the creation of blockchain protocols and applications that are immutable, resistant to censorship, transparent, secure, and support data self-sovereignty. Miscellaneous Ethereum Privacy Ecosystem Mapping Web3Privacy Now Investigating and constructing a map of the Ethereum privacy ecosystem, aimed at showcasing and facilitating the identification of existing entities, creating connections, and nurturing the ecosystem to provide practical daily privacy within Ethereum. Miscellaneous Hardware Wallets Blind Signing Solution Kampela Investigating a proof-of-concept remedy for the blind signing challenge in hardware wallets. This entails a “bundle” of transactions, incorporating a custom temporary smart contract (for onchain validation of specific activities) and the actual onchain affirmation of state transitions, encasing the intended transaction. Miscellaneous Security Alliance (SEAL) Infrastructure for the collective benefit facilitating coordination among security experts, protocols, and the community to collaborate on significant security projects such as SEAL 911, SEAL Wargames, and SEAL-ISAC. Protocol development & assistance Ethereum Protocol Fellowship (EPF): Cohort 6 Financial support for members of the EPF cohort, a scheme aimed at integrating developers into the procedure of protocol development. Protocol development & assistance Pectra Proactive Grant Round Grant round designed to help the Ethereum ecosystem in preparation for the Pectra network upgrade. Protocol development & assistance Summer of Protocols Initiative and research effort seeking to stimulate wide interest in the examination of protocols as a primary concept for considering the world.