Subsea Protocol Goes Live on Karak Network

The TON Foundation and GMX have announced winners of their Perpetual DEX development competition aimed at advancing DeFi innovation. **Winners:** - Storm Trade (@storm_trade_ton) secured 1st place for outstanding architecture and native TON integration - Tradoor (@tradoor_io) and TON Hedge (@tonhedge) tied for 2nd place Winners will receive advisory support from GMX and leading DeFi builders. The competition leveraged GMX's expertise in Perp DEX systems while promoting advancement of public blockchain trading. [Full results available here](https://blog.ton.org/ton-gmx-competition-results)

Brahma Finance announces a new reward for active GMX users - an instant +1 Level Unlock on their Brahma Imprint NFT. This follows similar recent promotions for users of Ambient and Bebop protocols. - Eligibility check available at [imprint.brahma.fi](http://imprint.brahma.fi) - Level boost is instant upon qualification - Part of ongoing Imprint Day initiatives This reward recognizes dedicated users of the GMX decentralized exchange protocol, adding value to their existing Brahma Imprint NFT collection.

GMX experienced a significant revenue increase, causing its buyback-and-distribute contract to face processing delays. The remaining balance will roll over to future weekly epochs for distribution to GMX holders. Key points: - Buyback process is fully transparent and verifiable on-chain - Affects both Arbitrum and Avalanche networks - Contract addresses: - Arbitrum: [View on Arbiscan](https://arbiscan.io/address/0x7EB417637a3E6d1C19E6d69158c47610b7a5d9B3) - Avalanche: [View on Snowtrace](https://snowtrace.io/address/0x1A3A103F9F536a0456C9b205152A3ac2b3c544902)

GMX has implemented several key trading improvements: - Added Stop Market Orders support - Enabled chart-based drag & drop order editing - Optimized swap routing for spot and perpetual trades - Enhanced Trade UI with new dropdowns and clearer chart headers - Improved mobile experience with 24h volumes and position cards - Updated number formatting with k, m, b suffixes - Enhanced depth charts and PnL analysis - Clarified network fee calculations For feedback or support: [Telegram](https://t.me/GMX_IO) [Discord](https://discord.gg/H5PeQru3Aa) Learn more about GMX's 2025 roadmap on their [blog](https://gmxio.substack.com/p/gmx-development-plan-for-2025)

GMX has launched new Software Development Kits (SDKs) in TypeScript and Python, enhancing its trade and earn functionality integration capabilities. Key Features: - Read functions for markets, positions, tokens, orders, and trade history - Write functions for order management and creation - Battle-tested infrastructure ready for immediate implementation The protocol welcomes community contributions and actively seeks feedback for improvements. Developers can access documentation at docs.gmx.io/docs/api/sdk-v2. **Integration Made Simple** Start building on GMX's proven infrastructure today with comprehensive SDK support.