According to Foresight News, the decentralized derivatives protocol GMX announced that it will launch the second round of funding, and projects can start applying from June 3. The total amount of funding in this round is about 600,000 ARB, and the upper limit of a single grant is 75,000 ARB. This funding is intended to support builders who build on and integrate with GMX V2 to contribute to the further application of Arbitrum. However, projects that have received STIP-Bridge grants, LTIPP grants, or the first round of grants in the GMX funding program will not be eligible to apply for the second round of grants.