List of Flash News about token bridge
Time | Details |
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2025-06-13 16:14 |
dYdX Community Vote Ends Support for wethDYDX Bridge: Immediate Impact on ethDYDX to DYDX Conversion
According to @dydxfoundation, the dYdX Community has passed a vote to cease support for the wethDYDX Smart Contract, also known as the Bridge. As a result, ethDYDX holders are no longer able to convert their ethDYDX tokens to DYDX on the dYdX Chain. Any ethDYDX tokens sent to the wethDYDX Smart Contract will now be permanently locked. This development creates an immediate halt in token migration, causing potential liquidity changes and affecting trading strategies involving DYDX and ethDYDX tokens. Traders should reevaluate their positions and monitor liquidity pools closely as the bridge functionality is now disabled. Source: @dydxfoundation (June 13, 2025). |