According to @dydxfoundation, an on-chain governance vote is created to upgrade TAO-USD, MNT-USD, POPCAT-USD, PAXG-USD, TRUMP-USD, SPX-USD, BERA-USD, KAITO-USD, HYPE-USD and SYRUP-USD markets from isolated to cross on dYdX Chain. Source: https://twitter.com/dydxfoundation/status/1966468181410627647 The vote is listed as dYdX Governance Proposal 279 on Mintscan, which details the request to switch these ten markets to cross margin. Source: https://www.mintscan.io/dydx/proposals/279 The announcement also links to a related dYdX forum thread for additional market-change context. Source: https://dydx.forum/t/delist-eos-btrump-skitten-markets/3603/5?u=dydxfoundation The scope of Proposal 279 is specifically the margin mode change for the named dYdX markets, as indicated by the proposal listing and the official announcement. Source: https://www.mintscan.io/dydx/proposals/279 | https://twitter.com/dydxfoundation/status/1966468181410627647

According to dYdX Foundation, the community approved upgrading the ZORA-USD and BONK-USD markets from isolated to cross margin, confirming a governance vote has passed for these pairs (source: dYdX Foundation). dYdX Foundation also stated the approval includes adjusting liquidity tiers for these markets, enabling updated risk parameters once implemented (source: dYdX Foundation). Traders in ZORA-USD and BONK-USD perps should review the updated margin mode and liquidity-tier settings on dYdX as they go live to align position sizing and risk controls with the governance outcome (source: dYdX Foundation).

According to dYdX Foundation, a governance proposal is underway to upgrade selected markets from isolated to cross margin. This change could impact open positions in these markets and potentially increase the risk of liquidation. Traders are advised to proceed with caution and consider the implications for their positions.