GMX and the TON Foundation are collaborating, to push the boundaries of DeFi on decentralised, public blockchains:

As part of this initiative, the TON Foundation and GMX are launching a developer competition. We invite participants to design a cutting-edge Perpetual DEX on the $TON Blockchain, which achieves two key goals:

🔹 Drive innovation in high-frequency trading

🔹 Drive innovation in transaction fee optimisation

Through this collaboration, the TON Foundation seeks to leverage GMX’s extensive Perp DEX expertise, including on efficient, low-slippage trading and competitive fee structures.

GMX's focus is on supporting the evolution of trading on public blockchains, and the potential opportunities this creates for the GMX DAO.

Developers, founders, and projects within the TON ecosystem are encouraged to apply for the competition, which offers a chance to win GMX advisory services and TON Foundation support.

Apply here: