diff --git a/packages/backend/src/entity/Project.ts b/packages/backend/src/entity/Project.ts
index ea44483f..d9696767 100644
--- a/packages/backend/src/entity/Project.ts
+++ b/packages/backend/src/entity/Project.ts
@@ -52,6 +52,9 @@ export class Project {
   @Column({ type: 'simple-array', nullable: true })
     deployerLrns!: string[] | null;
 
+  @Column('boolean', { default: false, nullable: true })
+    fundsReleased!: boolean;
+
   // TODO: Compute template & framework in import repository
   @Column('varchar', { nullable: true })
     template!: string | null;
diff --git a/packages/backend/src/registry.ts b/packages/backend/src/registry.ts
index 89f53ebc..138fc52a 100644
--- a/packages/backend/src/registry.ts
+++ b/packages/backend/src/registry.ts
@@ -319,6 +319,21 @@ export class Registry {
     return deployerLrns;
   }
 
+  async releaseDeployerFunds(
+    auctionId: string
+  ): Promise<any> {
+    const fee = parseGasAndFees(this.registryConfig.fee.gas, this.registryConfig.fee.fees);
+    const auction = await this.registry.releaseFunds(
+      {
+        auctionId
+      },
+      this.registryConfig.privateKey,
+      fee
+    );
+
+    return auction;
+  }
+
   /**
    * Fetch ApplicationDeploymentRecords for deployments
    */
diff --git a/packages/backend/src/schema.gql b/packages/backend/src/schema.gql
index b4f74d72..ec67c5ca 100644
--- a/packages/backend/src/schema.gql
+++ b/packages/backend/src/schema.gql
@@ -74,6 +74,7 @@ type Project {
   description: String
   deployerLrns: [String]
   auctionId: String
+  fundsReleased: Boolean
   template: String
   framework: String
   webhooks: [String!]
@@ -246,6 +247,7 @@ type Query {
   projectMembers(projectId: String!): [ProjectMember!]
   searchProjects(searchText: String!): [Project!]
   getAuctionData(auctionId: String!): Auction!
+  releaseDeployerFundsByProjectId(projectId: String!): Auction!
   domains(projectId: String!, filter: FilterDomainsInput): [Domain]
 }
 
diff --git a/packages/backend/src/service.ts b/packages/backend/src/service.ts
index 57ad9ef5..da7488ae 100644
--- a/packages/backend/src/service.ts
+++ b/packages/backend/src/service.ts
@@ -210,8 +210,12 @@ export class Service {
         baseDomains.push(baseDomain);
       }
 
+      // Release deployer funds on successful deployment
+      const fundsReleased = await this.releaseDeployerFundsByProjectId(project.id);
+
       await this.db.updateProjectById(project.id, {
-        baseDomains
+        baseDomains,
+        fundsReleased,
       })
 
       log(
@@ -1261,4 +1265,24 @@ export class Service {
     const auctions = await this.laconicRegistry.getAuctionData(auctionId);
     return auctions[0];
   }
+
+  async releaseDeployerFundsByProjectId(projectId: string): Promise<boolean> {
+    const project = await this.db.getProjectById(projectId);
+
+    if (!project || !project.auctionId) {
+      log(`Project ${projectId} ${!project ? 'not found' : 'does not have an auction'}`);
+      return false;
+    }
+
+    const auction = await this.laconicRegistry.releaseDeployerFunds(project.auctionId);
+
+    if (auction.auction.fundsReleased) {
+      log(`Funds released for auction ${project.auctionId}`);
+      await this.db.updateProjectById(projectId, { fundsReleased: true });
+      return true;
+    }
+
+    log(`Error releasing funds for auction ${project.auctionId}`);
+    return false;
+  }
 }
diff --git a/packages/frontend/src/components/projects/project/overview/Activity/AuctionCard.tsx b/packages/frontend/src/components/projects/project/overview/Activity/AuctionCard.tsx
index e79e944b..dcf6f700 100644
--- a/packages/frontend/src/components/projects/project/overview/Activity/AuctionCard.tsx
+++ b/packages/frontend/src/components/projects/project/overview/Activity/AuctionCard.tsx
@@ -17,6 +17,7 @@ const WAIT_DURATION = 5000;
 export const AuctionCard = ({ project }: { project: Project }) => {
   const [auctionStatus, setAuctionStatus] = useState<string>('');
   const [deployerLrns, setDeployerLrns] = useState<string[]>([]);
+  const [fundsStatus, setFundsStatus] = useState<boolean>(false);
   const [auctionDetails, setAuctionDetails] = useState<Auction | null>(null);
   const [openDialog, setOpenDialog] = useState<boolean>(false);
   const client = useGQLClient();
@@ -29,13 +30,13 @@ export const AuctionCard = ({ project }: { project: Project }) => {
     setAuctionStatus(result.status);
     setAuctionDetails(result);
     setDeployerLrns(project.deployerLrns);
-  }, [client, project.auctionId, project.deployerLrns]);
+    setFundsStatus(project.fundsReleased);
+  }, []);
 
   useEffect(() => {
     if (auctionStatus !== 'completed') {
       checkAuctionStatus();
       const intervalId = setInterval(checkAuctionStatus, WAIT_DURATION);
-
       return () => clearInterval(intervalId);
     }
   }, [auctionStatus, checkAuctionStatus]);
@@ -48,10 +49,9 @@ export const AuctionCard = ({ project }: { project: Project }) => {
         const updatedProject = await client.getProject(project.id);
         setDeployerLrns(updatedProject.project?.deployerLrns || []);
       };
-
       fetchUpdatedProject();
     }
-  }, [auctionStatus, client, project.id]);
+  }, [auctionStatus, client]);
 
   const renderAuctionStatus = useCallback(
     () => (
@@ -101,6 +101,18 @@ export const AuctionCard = ({ project }: { project: Project }) => {
             ))}
           </div>
         )}
+
+        <div className="flex justify-between items-center mt-1">
+          <span className="text-elements-high-em text-sm font-medium tracking-tight">Deployer Funds Status</span>
+          <div className="ml-2">
+            <Tag
+              size="xs"
+              type={fundsStatus ? 'positive' : 'emphasized'}
+            >
+              {fundsStatus ? 'RELEASED' : 'LOCKED'}
+            </Tag>
+          </div>
+        </div>
       </div>
 
       <Dialog open={openDialog} onClose={handleCloseDialog} fullWidth maxWidth="md">
diff --git a/packages/frontend/src/stories/MockStoriesData.ts b/packages/frontend/src/stories/MockStoriesData.ts
index 92f71721..5559cbed 100644
--- a/packages/frontend/src/stories/MockStoriesData.ts
+++ b/packages/frontend/src/stories/MockStoriesData.ts
@@ -124,5 +124,6 @@ export const project: Project = {
   deployerLrns: ['lrn://deployer.apps.snowballtools.com '],
   webhooks: ['beepboop'],
   icon: 'Icon',
+  fundsReleased: true,
   baseDomains: ['baseDomain'],
 };
diff --git a/packages/gql-client/src/queries.ts b/packages/gql-client/src/queries.ts
index 6f115a82..a87a4cb8 100644
--- a/packages/gql-client/src/queries.ts
+++ b/packages/gql-client/src/queries.ts
@@ -25,6 +25,7 @@ query ($projectId: String!) {
     prodBranch
     auctionId
     deployerLrns
+    fundsReleased
     framework
     repository
     webhooks
@@ -76,6 +77,7 @@ query ($organizationSlug: String!) {
     framework
     auctionId
     deployerLrns
+    fundsReleased
     prodBranch
     webhooks
     repository
@@ -193,6 +195,7 @@ query ($searchText: String!) {
     framework
     auctionId
     deployerLrns
+    fundsReleased
     prodBranch
     webhooks
     updatedAt
diff --git a/packages/gql-client/src/types.ts b/packages/gql-client/src/types.ts
index b1220898..15b9e073 100644
--- a/packages/gql-client/src/types.ts
+++ b/packages/gql-client/src/types.ts
@@ -171,6 +171,7 @@ export type Project = {
   framework: string;
   deployerLrns: string[];
   auctionId: string;
+  fundsReleased: boolean;
   webhooks: string[];
   members: ProjectMember[];
   environmentVariables: EnvironmentVariable[];