Atoma Wins $60,000 Top Prize at Arbitrum Hackathon in Singapore

Atoma won the top prize at an Arbitrum hackathon in Singapore with a market-neutral real-world asset (RWA) yield layer for perpetual contracts tied to tokenized stocks. More than 125 founders took part in the event.

Kurtosis Labs placed second and received $40,000 for a system that rates risks in onchain yield positions layer by layer. OkContract and WageFlow shared third place. OkContract presented a self-custodial control layer, while WageFlow built a liquidity network.

The projects covered yield products, risk assessment, custody controls and liquidity infrastructure on Arbitrum. The Ethereum layer-2 network uses optimistic rollups to support faster, lower-cost transactions.