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Time Details
2025-06-17
16:43
41.7M ethDYDX Tokens Lose Utility After dYdX v3 Bridge Closure: Trading Implications for DYDX Holders

According to dYdX Foundation (@dydxfoundation), 41.7 million ethDYDX tokens remained unbridged following the official closure of the dYdX v3 Bridge. With the sunset of dYdX v3 products and the bridge shutdown, these unbridged ethDYDX tokens no longer hold any effective utility (source: dYdX Foundation, June 17, 2025). This event may lead to shifts in DYDX token liquidity and trading volume on centralized and decentralized exchanges, potentially impacting price action and arbitrage strategies for traders monitoring DYDX markets.

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