DUBAI, United Arab Emirates, Nov. 28, 2025 — Bybit, the world’s second-largestcryptocurrency exchange by trading volume, has announced the conclusion of the Web3Unleashed #3 Hackathon, hosted in partnership with DMCC. The event recognized fiveprojects with a combined prize pool of USD 140,000 following a global competition thatbrought together 90 teams across six innovation tracks.Hosted at S/O Uptown Dubai, the hackathon gathered international developers, founders andinvestors under the theme “Shaping the next wave of Web3: driving the future ofdecentralisation.” This year’s edition expanded its scope with two new categories, DeFAIand DeSci, introduced alongside existing tracks in DeFi, Web3 Gaming, SocialFi, Infrastructureand Tokenisation. The broader structure reflected the increasing diversity and technicalmaturity of solutions emerging across the decentralised technology landscape.Ten finalist teams presented their concepts to a panel of industry specialists and ventureleaders. Five teams were selected for top recognition based on innovation, technicalexecution and potential impact. The winners were:1. Yumi Finance2. Glint Analytics3. Sorachain AI4. Aurayale5. Spout FinanceAhmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, said: “Thecontinued success of Web3 Unleashed reflects how Dubai has evolved into a truly global hubfor next-generation technologies. In just three years, this platform has grown from a regionalinitiative into an international benchmark for Web3 innovation – drawing participants,investors and partners from every corner of the world. Each edition builds on the last, and theintroduction of DeFAI and DeSci this year demonstrates our commitment to staying ahead oftechnological change. Through initiatives like this, DMCC is helping define what the future ofdecentralised innovation looks like, ensuring that Dubai remains at the forefront of the digitaleconomy and continues to empower those shaping it.”“Our collaboration with DMCC continues to demonstrate how rapidly the Web3 ecosystem inthe UAE is advancing. Each year, we see a notable rise in the technical depth and globalcalibre of the teams joining Web3 Unleashed,” said Helen Liu, Co-CEO of Bybit. “Bitcoin’s
www.bybit.compullback from its historical high serves as an important reminder that this industry is built forthe long term. Real progress in blockchain requires patience from founders and builders,especially during moments when the market tests conviction. Bybit remains committed tosupporting innovators who focus on real utility and sustainable impact, and we are proud tohelp cultivate an environment where world-class talent can continue to grow in Dubai.”The hackathon was supported by partners including DWF Labs, TOP Ventures, CROSS,Verse8, The Open Platform, CV Labs, Hacken, Cointelegraph, Blockchain for Good Alliance(BGA) and Blockchain Gaming Alliance. Partners contributed mentorship, resources andvisibility throughout the competition.Judging criteria covered creativity, technical execution, practicality, business potential,impact, presentation quality and team experience, with a strong focus on solutions addressingreal-world challenges. Organizers noted that the Web3 Unleashed series continues toshowcase emerging innovation in the blockchain sector and reinforces Dubai’s growingposition as a center for Web3 development.#Bybit / #CryptoArk / #IMakeIt//ENDSAbout BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 millionusers. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystemfor everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robustinfrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience,and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiaststo unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.For more details about Bybit, please visit Bybit PressFor media inquiries, please contact: me***@***it.comFor updates, please follow: Bybit’s Communities and Social MediaAbout DMCCDMCC is a centre for global trade. Headquartered in Dubai, DMCC is the world’s leading international business district in chargeof driving the flow of global trade through Dubai. Whether developing vibrant neighbourhoods with world-class property likeJumeirah Lakes Towers (JLT) and Uptown Dubai, or delivering high performance business services, DMCC provides everythingits dynamic community needs to live, work and thrive. Where the world thrives and does business, DMCC is proud to sustain andgrow Dubai’s position as the place to be for global trade today and long into the future: www.dmcc.aeMedia Enquiries:PR & Corporate Communications
Bybit and DMCC Revealed Winners of ThirdWeb3 Unleashed Hackathon with USD 140,000Awarded
