
The dYdX Foundation said it is migrating from Noble USDC to Injective USDC — native USDC issued by Circle on the Injective network — as the sole form of eligible collateral for trading on dYdX Chain. The move follows Circle's announcement of a deprecation timeline for USDC on the Noble chain and does not affect dYdX Chain operations today, including current balances, operations, or trading.
The dYdX Foundation shared that non-custodial asset management on dYdX has been strengthened with the addition of the CoinCover Recover tool for institutions. The tool is aimed at supporting institutional users managing assets on the platform.

The dYdX Foundation has opened an on-chain governance vote on whether the community approves dYdX Chain Software Upgrade v9.7. The vote ends September 10, 2026 at 09:23 UTC. Details on the upgrade's changes are listed in the proposal linked by the Foundation.

The dYdX Foundation has created a new on-chain governance vote asking the community whether to approve winding down markets for 2Z, AXL, BLAST, CRO, ETHFI, EUR, GRT, IO, MANA, MNT, MORPHO, MOVE, PI, SNX, SPX, STX, TSLAX, USUAL, VVV, W and ZK on dYdX.
The vote closes August 4, 2026 at 18:48 UTC. This is separate from the earlier proposal to wind down 15 other markets.

The dYdX Foundation has published its dYdX Ecosystem Report - H1 2026, a semi-annual look at trading activity, protocol development, governance progress, and ecosystem growth across the dYdX Ecosystem. The full report is available from the Foundation.

dYdX has put up an on-chain vote on whether to wind down markets for ASTR, AVNT, AXS, BEAM, BERA, CAKE, DRIFT, ENS, FARTCOIN, FLOKI, MET, PEOPLE, POPCAT, SYRUP and XDC. The vote ends August 7, 2026 at 07:12 UTC.

The dYdX Foundation has created an on-chain governance vote asking the community whether to approve increasing the quorum parameter on the protocol's x/gov module. Voting closes August 6, 2026 at 03:47 UTC.
After a six-month hiatus, founder Antonio Juliano resumed the role of CEO, citing the need for founder-led leadership at the exchange.
Antonio Juliano, founder of decentralized exchange dYdX, stepped down as CEO of dYdX Trading; Ivo Crnkovic-Rubsamen was named to take over.
The dYdX Operations subDAO initiated mainnet genesis of the dYdX Chain, a fully decentralized, open-source Cosmos-based proof-of-stake chain running an off-chain order book, marking dYdX's migration off Ethereum.
dYdX enabled transfers of its new DYDX governance token, letting roughly 64,000 past users claim a retroactive airdrop (7.5% of the 1 billion total supply). The token had been deployed to Ethereum on August 3, 2021.
dYdX closed a $65 million Series C round led by Paradigm, joined by CMS Holdings, CMT Digital, Electric Capital, HashKey Capital and StarkWare Industries.
After about seven months of development, dYdX launched its Layer-2 version using StarkWare's zkSTARK/ZK-rollup technology; its Layer-1 perpetuals were wound down around April 20, 2021, with users reopening positions on Layer 2.
In private alpha, dYdX launched the first decentralized perpetual contract market, BTC-USDC with up to 10x leverage, built on open-source smart contracts deployed to Ethereum mainnet.
Ex-Coinbase and Uber engineer Antonio Juliano created dYdX with the goal of building an open-source, community-governed decentralized exchange for financial derivatives on Ethereum.
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