According to @dydxfoundation, an on-chain vote is live to upgrade the 2Z-USD and ZEC-USD markets on dYdX Chain from ISOLATED to CROSS margin under Governance Proposal 293. Source: dYdX Foundation on X; Mintscan Proposal 293. Traders with exposure to 2Z-USD and ZEC-USD should monitor the vote result and any execution notice, as these markets would switch to cross margin upon passage and execution. Source: Mintscan Proposal 293; dYdX Foundation on X.

According to @dydxfoundation, an on-chain governance vote is live to upgrade the ASTER-USD market on the dYdX Chain from isolated margin to cross margin under Proposal 289, enabling the community to decide the market’s margin mode change (source: https://twitter.com/dydxfoundation/status/1971660431245890047; source: https://www.mintscan.io/dydx/proposals/289). In dYdX cross margin, positions share collateral and margin is computed on total portfolio equity, whereas isolated margin confines collateral and risk to a single position or market, a structural difference that directly impacts margin utilization and liquidation calculations for traders (source: https://docs.dydx.trade/). If approved, ASTER-USD would adopt cross margin at the market level on dYdX, so traders should review current risk parameters, leverage constraints, and liquidation thresholds as defined by the protocol’s risk engine and monitor the proposal’s on-chain status for execution details (source: https://docs.dydx.trade/; source: https://www.mintscan.io/dydx/proposals/289).

According to dYdX Foundation, the community approved upgrading the TAO, MNT, POPCAT, PAXG, TRUMP, SPX, BERA, KAITO, HYPE, and SYRUP markets on dYdX from isolated to cross margin, confirmed by on-chain Proposal 279. Source: dYdX Foundation on X https://twitter.com/dydxfoundation/status/1967907700198773132; Mintscan Proposal 279 https://www.mintscan.io/dydx/proposals/279. For traders, this changes the margin mode classification for these markets on dYdX once enacted on-chain, so verify activation status and any updated risk parameters on Proposal 279 before opening or adjusting positions. Source: Mintscan Proposal 279 https://www.mintscan.io/dydx/proposals/279. The announcement states the vote passed but does not specify an implementation timeline. Source: dYdX Foundation on X https://twitter.com/dydxfoundation/status/1967907700198773132.

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.