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.