dYdX (DYDX) - Prop #254 Vote - From 09 Jun to 13 Jun 2025

dYdX (DYDX) - Prop #254 Vote - From 09 Jun to 13 Jun 2025

The new dYdX governance vote (#254) will decide if support for the wethDYDX smart contract bridge should stop. If passed, any coins left on the bridge after the vote could become locked and lost. This big change can push users to move tokens quickly and may affect supply on different chains. If there is confusion or many tokens get stuck, the price of DYDX could face unusual moves. Traders should watch the outcome because it may cause high volatility. For more details, see the announcement source. Reminder: If the proposal passes, bridging within ~25 hours of the vote ending may result in ethDYDX being permanently locked in the wethDYDX contract.Bridge your ethDYDX ASAP to avoid any risk.

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