According to @dydxfoundation, the dYdX v3 Product Sunset and the closure of the Bridge have rendered unbridged ethDYDX tokens without any effective utility as of June 17, 2025. This development means that holders of ethDYDX who have not bridged their tokens may face liquidity issues and lack access to governance or trading functionalities. Traders should closely monitor DYDX price action and on-chain activity, as these changes could increase volatility or selling pressure on ethDYDX in secondary markets. It is critical for market participants to assess DYDX token migration strategies and evaluate the risks tied to holding unbridged tokens. (Source: @dydxfoundation on Twitter, June 17, 2025)

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.