According to Charles | dYdX on Twitter, ethDYDX token holders must bridge their tokens before the official bridge closure to maintain access and liquidity. Traders are advised to check with their crypto exchanges to ensure bridging is completed, as some platforms may not have performed this step automatically. This deadline impacts trading volume and price discovery for DYDX, as unbridged tokens may lose utility after the bridge closes (source: Charles | dYdX via Twitter, beincrypto.com). Timely action is critical for crypto traders seeking uninterrupted trading and avoiding potential loss of asset value.

According to Charles | dYdX (@charlesdhaussy), the bridge for converting ethDYDX tokens to the new DYDX token is closing soon, urging holders to complete the migration promptly (source: Twitter, May 16, 2025). Traders should act quickly to ensure continued access to liquidity on the dYdX chain, as missing the bridge window could result in reduced trading opportunities and affect token utility on decentralized exchanges. The closure of the bridge may lead to short-term volatility in the DYDX token price and impact overall liquidity in the DeFi ecosystem.