Round 7 is open · applications close 12 DecRound 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.

Lavender chrome coins with an arch emblem riding a glossy violet ribbon

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
A violet coil spring, a chrome coin and a magenta block in front of gold rails

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.

A lavender ribbon curling into a loop with a coin on top and a gold ball at its foot
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
  1. ApplyUntil 12 Dec
  2. Review and calls15 Dec to 23 Jan
  3. DecisionBy 30 Jan
  4. First trancheFebruary 2027

Built on Oriel

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

Glass spheres joined by thin rods like a molecule, one magenta and one gold
  • Tessel

    Wallets

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

    Grant, round 3

    WalletsGrant, round 3
  • Paywire

    Payments

    Checkout for online shops that settles in under two seconds.

    Grant, round 5

    PaymentsGrant, round 5
  • Kestrel Swap

    DeFi

    An exchange whose fees drop as its liquidity grows.

    Ecosystem fund

    DeFiEcosystem fund
  • Quarry Nodes

    Infrastructure

    Managed validator nodes for teams without an ops team.

    Grant, round 2

    InfrastructureGrant, round 2
  • Passmark

    Identity

    Reusable identity checks that never store your documents.

    Research fellowship

    IdentityResearch fellowship
  • Ledgerlight

    Infrastructure

    A block explorer that reads like a bank statement.

    Grant, round 4

    InfrastructureGrant, round 4
  • Tillpoint

    Payments

    A point-of-sale app that turns any phone into a card reader for ORL.

    Grant, round 6

    PaymentsGrant, round 6
  • Lumen Pay

    Payments

    Payroll in stablecoins for remote teams, with tax reports per country.

    Ecosystem fund

    PaymentsEcosystem fund
  • Harbor Vault

    DeFi

    Savings vaults that pay staking rewards without locking your ORL.

    Grant, round 5

    DeFiGrant, round 5
  • Signet Kit

    Tooling

    A TypeScript SDK for building Oriel apps, with typed contracts and test fixtures.

    Grant, round 2

    ToolingGrant, round 2
  • Atlas Relay

    Infrastructure

    Public RPC endpoints in nine regions with a free tier for small apps.

    Grant, round 4

    InfrastructureGrant, round 4
  • Keyring ID

    Identity

    Human-readable names for wallets, owned by the people who use them.

    Academy grant

    IdentityAcademy grant

Three violet chrome coins with an arch emblem floating at different angles

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

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.

  • Builder office hours

    Every Thursday, online

  • Zug meetup

    4 December 2026

A violet and magenta glass ring standing on a round three-step stage with coins

From the journal

Have something to build on Oriel?

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

Violet coins and a magenta cube riding a long glossy ribbon that sweeps to the right
Oriel Astro + Sanity themeWith a guide to rebrand it in Claude Code or ChatGPT (opens in a new tab)Get it on ContraBuy $129$129 (opens in a new tab)