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)

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.