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TON × GMX Perp DEX Development Competition: Winners Announced GMX and the TON Foundation collaborated on a Perp DEX development competition, to push the boundaries of DeFi. After assessing criteria like code quality, scalability, community traction and more, here are the contest winners: 🥇 Storm Trade — 1st place for their standout architecture & native TON integration (@storm_trade_ton) 🥈 Tradoor & TON Hedge — Tied for 2nd with alternative, high-potential approaches (@tradoor_io & @tonhedge) All winners will receive advisory support from GMX and other leading DeFi builders to accelerate their growth. Through this joint competition, the TON Foundation intended to leverage GMX's deep expertise in Perp DEX systems, while GMX aimed to foster the advancement of trading on public blockchains.

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Here are this week’s essential metrics for the $GMX protocol:

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Traded on GMX before? You may have unclaimed price impact rebates and funding fees waiting for you. A large portion of our traders are eligible — but 40% of users haven’t yet claimed their rewards. Check now and see if you’re one of them: → http://app.g

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Introducing a new market for traders and LPs: 🔸 ZRO/USD from @LayerZero_Core Trade ZRO perpetual swaps straight from your wallet, no deposit required, and enjoy the next-gen execution speed of GMX on @Arbitrum. $ZRO 1/4

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Traded on GMX before? You may have unclaimed price impact rebates and funding fees waiting for you. A large portion of our traders are eligible — but 40% of users haven’t claimed theirs yet. Check now and see if you’re one of them: → http://app.gmx.io

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Federal Reserve Attributes Dollar Weakness to Trade Policy Concerns

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Federal Reserve Officials Anticipate Prolonged Inflation

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