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Movement Labs Opens Final Wave of Battle of Olympus Move-EVM Developer Grants

Movement Labs commits millions in ecosystem funding as hundreds of Move-based protocols prepare for the Parthenon testnet culmination.

AL
Developer Relations Lead
Published • Editorial Standards Compliant
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Key Takeaways & Executive Summary

Movement Labs Opens Final Wave of Battle of Olympus Move-EVM Developer Grants

Unifying Move Security with EVM Liquidity: Movement Enters Final Phase

**Movement Labs**, the high-throughput blockchain network backed by **$38 million in funding** from **Polychain Capital**, **Hack VC**, and **Binance Labs**, has launched the final phase of its **Battle of Olympus** hackathon and developer grant initiative.

Movement is the first network to bring the formally verified, resource-safe **Move programming language** into the Ethereum ecosystem through its proprietary **M2 Move-EVM execution engine**. Capable of processing over **160,000 transactions per second**, Movement allows developers to write Move smart contracts with built-in reentrancy immunity while tapping directly into Ethereum's massive liquidity pools.

Thousands of community testers interacting with Movement testnet faucets, decentralized exchanges, and gaming contracts are participating in the Gmovers loyalty campaign ahead of the network's mainnet launch.

Tags:#Movement#Move#EVM#Testnet#Grants
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