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.
☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Semler Scientific now holds 4,264 BTC after buying 455 more for $50M, pushing its total Bitcoin value to $474.4M at $91,471 average cost.
🔸Bitcoin and Ethereum ETFs saw $1.05B in combined inflows Thursday, their highest daily total since January, led by BlackRock’s IBIT.
🔸HYPE token hit $36.2 as Hyperliquid's open interest soared past $9.2B, led by BTC and ETH longs including a $1B leveraged trade by James Wynn.
🌟Highlights
🔸DOGE is going multichain as the $35B token launches on Solana through Wormhole's NTT and ZK tech, boosting access and liquidity.
🔸Polygon co-founder Mihailo Bjelic steps down from active role and foundation board, becoming the third co-founder to exit the project.
🔸Cetus offers hacker a $6M bounty to return $56M in ETH after exploit. Sui validators blocked related transactions, sparking centralization concerns.
🔸World Liberty Financial denied claims that Binance founder CZ acted as a “fixer” for Trump’s crypto project, calling the WSJ report false.
🔸Hyperliquid supports 24/7 crypto derivatives trading, submitting formal comments to the CFTC and backing DeFi-driven market efficiency and integrity.
🔸Kalshi now accepts Solana deposits, expanding its supported crypto to four: SOL, USDC, BTC, and WLD. Crypto users enjoy faster funding and higher limits.
🔸Ledger launches the Solana-branded Ledger Flex wallet with custom colors, Solana SBT rewards, and phased $70 SOL rebates for early adopters.
$DOGE BEARISH PRESSURE BUILDING: WILL SUPPORT HOLD OR CRACK?
$DOGE is trading at $0.22803, down -8.30% over the last 24 hours. After bouncing off the $0.22304 low, price is struggling to reclaim control as it hovers just under key resistance. Volume is at 8.75M, and bulls are slightly ahead in the order book with 61.96% buy-side strength.
Key Levels to Watch:
• Immediate Resistance: $0.22900
If broken, upside targets are:
• TP1: $0.23100
• TP2: $0.23420
• Critical Support: $0.22720
A breakdown below this may drag price lower toward:
• TP1: $0.22300
• TP2: $0.21850
Trade Setup:
• Bullish Entry: On a 15m candle close above $0.22900
• Stop-Loss: Below $0.22720
• Bearish Entry: On breakdown below $0.22720
• Stop-Loss: Above $0.22900
$DOGE is at a technical crossroads. If buyers reclaim $0.22900, we could see a short-term rally. But failure to hold above $0.22720 opens the door for further losses. Stay alert—momentum is fragile.
#BinancelaunchpoolHuma
#BTCBreaksATH110K
#TrumpTariffs
{spot}(DOGEUSDT)
High-Profile Dinner for Trump's Meme Coin Holders Sparks Controversy Amid Criticism
A luxurious gathering at Donald Trump's Virginia golf club, exclusive to the top 220 holders of his TRUMP meme coin, has sparked significant controversy, including allegations of constitutional overreach. Attendees, which included billionaires, celebrities, and crypto elites, reportedly spent a collective $394 million on the meme coin for the privilege of attending.
The event has drawn criticism for potentially enabling foreign influence and bypassing US campaign finance laws, with over half of the attendees believed to be living outside the US. This has resulted in 35 members of Congress calling for a Department of Justice investigation. Meanwhile, a new “Stop TRUMP in Crypto Act” has been proposed to prevent officials from profiting from digital assets.
Despite the criticism, Trump reaffirmed his support for a national Bitcoin reserve and downplayed the controversy on his Truth Social account.
Solana launches Solana Attestation Service (SAS), a new verification service that can be used to verify anything, aiming to provide a trust layer for the Internet capital market. SAS allows off-chain data to be associated with any Solana wallet, and applications can now verify information such as KYC/identity, investor certification, and on-chain reputation while maintaining privacy through signature verification.
Earn Free Crypto Effortlessly – Stake Your SOL with BNSOL and Start Earning Today!
Looking to earn extra crypto without trading? Binance has introduced an exciting opportunity: BNSOL Super Stake. From May 16 to July 16, you can earn free LAYER tokens daily—just by holding or staking BNSOL or sBNSOL.
Whether you're new to crypto or a DeFi pro, this is a simple, low-effort way to grow your rewards.
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What Is BNSOL Super Stake?
BNSOL Super Stake is a reward program that offers automatic LAYER token airdrops when you:
Hold BNSOL or sBNSOL
Or stake SOL into BNSOL using the Binance app or Binance Web3 Wallet
There’s no claiming process—rewards are distributed automatically. The earlier you join, the more you can earn.
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Who's Behind BNSOL? Meet Solayer
Solayer is a next-gen crypto platform built on InfiniSVM, a high-speed blockchain capable of processing over 1 million transactions per second.
It supports tools like staking, yield farming, and real-world crypto payments. With Binance's partnership, getting started is easier than ever.
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How to Join BNSOL Super Stake:
1. Open the Binance App or Web3 Wallet
2. Navigate to the Solana Staking section
3. Stake your SOL or hold BNSOL/sBNSOL
4. Sit back and enjoy daily LAYER airdrops
[Click Here to Stake](https://app.binance.com/en/solana-staking? _dp=L2Vhcm5zL3NvbExhbmRpbmc)
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Why You Shouldn’t Miss This:
No Complicated Setup: No bridges, no DeFi headaches—just use Binance
Extra Rewards: Earn LAYER tokens on top of your regular staking income
Powerful Tech: Built on Solayer’s ultra-fast, secure blockchain
Trusted Names: Supported by both Binance and Solayer
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Start Earning Now
If you're holding SOL and want easy, passive crypto income, this is your moment. Get in early, stay consistent, and watch your rewards grow.
Follow @solayer_labs
#SOL #BNSOL