List of Flash News about ethDYDX utility
Time | Details |
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2025-06-17 16:43 |
dYdX v3 Product Sunset and Bridge Closure Leave ethDYDX Tokens Without Utility – Trading Implications for DYDX Holders
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) |