Round 7 is open · applications close 12 Dec

Round 7 closes 12 Dec

Funding the
builders of
open finance

Oriel Foundation is a Swiss non-profit that pays teams, researchers and educators to build on Oriel Network. No equity and no lockups: grants from $25k to $250k, paid out as milestones ship.

Apply for a grant

Read the 2026 report

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About the foundation

Since 2021 we have backed 412 teams in 38 countries and paid out $48.6M, every dollar tied to a milestone that shipped.

Seat

Zug, Switzerland

Council

Seven members, elected for two years

Reports

Published every quarter, with wallet addresses

How the foundation works

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Four ways the treasury goes to work

Each program has its own budget, its own reviewers and a public list of everything it has funded.

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Round 7 open

Builder grants

$25k to $250k for teams shipping wallets, payments and infrastructure on Oriel.

Round 7 open

Builder grants

$25k to $250k for teams shipping wallets, payments and infrastructure on Oriel.

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Next intake in March

Research fellowships

Twelve-month fellowships in cryptography, consensus and economics. Every paper stays open access.

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31 projects backed

Ecosystem fund

Matched funding for projects that already have users and need a second push.

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6 courses

Oriel Academy

Free courses and weekly office hours for developers new to the network.

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Open now

Round 7: payments and wallet apps

We are looking for teams that make paying with Oriel feel as simple as a card tap: wallets, merchant tools, on-ramps and payment APIs.

Pool

$3.2M

Grant size

$25k to $250k

Applications close

12 Dec 2026

Decision

By 30 Jan 2027

Apply

Until 12 Dec

Review and calls

15 Dec to 23 Jan

Decision

By 30 Jan

First tranche

February 2027

Start an application

Read the round brief

Built on Oriel

214 projects run on mainnet today. These are a few that started with a foundation grant.

Explore all 214 projects

All

Payments

Wallets

DeFi

Infrastructure

Identity

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Tessel

A self-custody wallet that uses passkeys instead of seed phrases.

Wallets

Grant, round 3

Paywire

Checkout for online shops that settles in under two seconds.

Payments

Grant, round 5

Kestrel Swap

An exchange whose fees drop as its liquidity grows.

DeFi

Ecosystem fund

Quarry Nodes

Managed validator nodes for teams without an ops team.

Infrastructure

Grant, round 2

Passmark

Reusable identity checks that never store your documents.

Identity

Research fellowship

Ledgerlight

A block explorer that reads like a bank statement.

Infrastructure

Grant, round 4

Tessel

Wallets

A self-custody wallet that uses passkeys instead of seed phrases.

Grant, round 3

Paywire

Payments

Checkout for online shops that settles in under two seconds.

Grant, round 5

Kestrel Swap

DeFi

An exchange whose fees drop as its liquidity grows.

Ecosystem fund

Quarry Nodes

Infrastructure

Managed validator nodes for teams without an ops team.

Grant, round 2

Tessel

Wallets

A self-custody wallet that uses passkeys instead of seed phrases.

Grant, round 3

Paywire

Payments

Checkout for online shops that settles in under two seconds.

Grant, round 5

Kestrel Swap

DeFi

An exchange whose fees drop as its liquidity grows.

Ecosystem fund

Quarry Nodes

Infrastructure

Managed validator nodes for teams without an ops team.

Grant, round 2

Explore all 214 projects

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ORL token

Tokenomics

One token to secure the network and run it

ORL pays for transactions and secures the chain through staking. Holders also vote on how the treasury is spent, one proposal at a time.

How the supply is split

Community and ecosystem 38%

Foundation treasury 22%

Early contributors 18%

Validator rewards 14%

Public sale 8%

Total supply

1,000,000,000 ORL

Staked

61.4%

Validators

184

Read the tokenomics

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Governance

All proposals

Every grant over $100k goes to a vote

OIP-47

Active

A second audit for the bridge contracts

Voting ends in 3 days

72% for

OIP-46

Passed

Lower the base fee by 12%

Passed on 18 Nov with 81% for

OIP-45

Queued

Add nine Lisbon operators to the validator set

Executes on 2 Dec

All proposals

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Oriel Summit 2027

Two days in Lisbon with the people building on Oriel

18 and 19 March 2027. Talks, workshops and the Round 8 kickoff, with 900 seats in total.

Get a ticket

Apply to speak

Builder office hours

Every Thursday, online

Zug meetup

4 December 2026

Zug meetup

4 December 2026

From the journal

All posts

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Reports · 14 Oct 2026

Treasury report Q3 2026: where $6.1M went

Grants, audits and research, line by line, with the wallet addresses that paid them.

8 min read

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Research · 2 Oct 2026

Shorter proofs for light clients

Our fellows cut proof size by a third without a new trusted setup.

6 min read

Ecosystem · 21 Sep 2026

Moving assets between chains without a custodian

How the Oriel bridge works, and what the second audit will check.

5 min read

Research · 2 Oct 2026

Shorter proofs for light clients

Our fellows cut proof size by a third without a new trusted setup.

6 min read

Ecosystem · 21 Sep 2026

Moving assets between chains without a custodian

How the Oriel bridge works, and what the second audit will check.

5 min read

All posts

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Have something to build on Oriel?

The application takes about 20 minutes. A reviewer replies within ten working days, whatever the answer.

Apply for a grant

Talk to the team

Apply for a grant

Apply for a grant

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hello@example.com

Oriel Foundation supports the open development of Oriel Network from Zug, Switzerland.

Foundation

About

Council

Reports

Careers

Contact

Programs

Builder grants

Round 7

Research

Events

Network

Overview

ORL token

Governance

Ecosystem

Community

Forum

Discord

GitHub

Privacy

Terms

Oriel

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Funding thebuilders ofopen finance

Since 2021 we have backed 412 teams in 38 countries and paid out $48.6M, every dollar tied to a milestone that shipped.

Four ways the treasury goes to work

Builder grants

Builder grants

Research fellowships

Ecosystem fund

Oriel Academy

Round 7: payments and wallet apps

Built on Oriel

Tessel

Paywire

Kestrel Swap

Quarry Nodes

Passmark

Ledgerlight

Tessel

Paywire

Kestrel Swap

Quarry Nodes

Tessel

Paywire

Kestrel Swap

Quarry Nodes

One token to secure the network and run it

Every grant over $100k goes to a vote

A second audit for the bridge contracts

Lower the base fee by 12%

Add nine Lisbon operators to the validator set

Two days in Lisbon with the people building on Oriel

From the journal

Treasury report Q3 2026: where $6.1M went

Shorter proofs for light clients

Moving assets between chains without a custodian

Shorter proofs for light clients

Moving assets between chains without a custodian

Have something to build on Oriel?

Funding the
builders of
open finance