This fall, builders from around the world spent weeks working on Metropolis, Monad’s global hackathon, and the response was huge! Monad reports that 885 teams and 1,256 builders from 76 countries shipped projects, competing for more than $250k in prizes.
Agora sponsored two $10,000 bounties alongside the main tracks. For Best Mobile Trading App on Monad, we asked for the best mobile app using Mera for passkey sign-in, AUSD for the stablecoin balance and Perpl for trading. For Best Cross-Border Payments App on Monad, we asked for a cross-border remittance app where people send AUSD to another person or country, with Mera passkey onboarding and fast settlement, built on the Agora APIs. Builders responded with 114 submissions, 45 for trading and 69 for payments.
We also wanted to be right there with the builders. Paul from our engineering team and Adam from our product team kicked things off with a live demo, and our co-founders, Drake and Nick, mentored teams throughout the hackathon. Drake also gave a keynote at the Monad Open in Singapore.
Those two briefs drew a lot of strong work, and one team in each stood out.
Meet the Agora bounty winners
Cross-border payments winner, Henad - Henad took the bounty by making a cross-border transfer feel simple. Built on Mento’s asset exchange, the app lets a sender pay in AUSD while the recipient receives a foreign-currency stablecoin in the same transaction. Passkeys and gasless transactions abstract away wallet management. Senders set the maximum spread they will accept, and the executed rate and spread are recorded onchain as a public receipt. Paying by QR code, a contacts list and an Android prototype made it feel like a real consumer product.
Mobile trading winner, Desk - Desk took the bounty with an iOS app for trading Perpl perpetuals using AUSD as collateral. Passkeys and gasless transactions hide the wallet, and scoped privileges let some users place trades without being able to withdraw. Traders can also follow, shadow or fade any public Perpl trader.
“Watching these teams take an idea and turn it into a working product over the course of the hackathon was impressive. Henad and Desk both made passkeys and gasless transactions feel natural, and they built something people could actually use. It was great to see builders pick up AUSD and run with it.”Drake Evans, Co-Founder and CTO
If you are working on something in payments or onchain markets, reach out to us on X at @withAUSD.