According to @dydxfoundation, an on-chain governance vote on the dYdX Chain Software Upgrade v9.5 is live and will close on Dec 7, 2025 at 08:28 UTC, providing a clear timeline for traders to manage DYDX exposure around the deadline, source: dYdX Foundation on X, Dec 5, 2025. Proposal 323 on Mintscan confirms the vote is open and lists the official voting window and on-chain details for validators and token holders, which traders can track for participation and outcome signals, source: Mintscan dYdX Proposal 323.