According to @dydxfoundation, a recent governance vote saw a 55.56% turnout among 32 out of 50 active validators and 185 participating accounts. The proposal received overwhelming support, with 89.65% voting 'Yes', only 0.01% voting 'No', and 10.34% abstaining. This high approval rate signals strong community consensus, potentially impacting DYDX token market sentiment and trading strategies. Traders should watch for increased DYDX volatility as the market digests these results. Source: @dydxfoundation.

According to @dydxfoundation, dYdX governance was highly active in the first half of 2025, passing 57 out of 60 on-chain proposals that focused on software upgrades, community spending, and protocol parameter updates. Two major trading-impacting decisions included the launch of the DYDX Buyback Program, which is expected to influence DYDX token liquidity and price dynamics, and the closure of the ethDYDX bridge, with 95.8% of tokens successfully migrated. These actions signal a strong move toward protocol sustainability and efficient token management, which are likely to affect DYDX market performance and investor sentiment (source: @dydxfoundation).

According to Charles d'Haussy (@charlesdhaussy), dYdX governance has officially decided to close the bridge connecting $ethDYDX on Ethereum to the native dYdX chain. This action requires $ethDYDX token holders to migrate their assets promptly to the dYdX chain, as future transfers across the bridge will be disabled (source: Twitter, May 6, 2025). Traders should monitor migration deadlines closely and anticipate potential short-term volatility in both $ethDYDX and $dydx chain assets. This decision could affect liquidity and trading volumes on Ethereum-based platforms, with implications for DeFi users and arbitrage strategies reliant on cross-chain flows.

According to @dydxfoundation, the recent governance vote on the dYdX platform had a 52.61% turnout with 86.86% voting 'Yes'. This demonstrates strong support for the proposal, indicating positive sentiment among the 510 participating accounts. The absence of 'No' votes and the 13.14% abstention may suggest strategic non-participation or neutrality among some stakeholders.