Over 52 Million ethDYDX Tokens Pending Migration as dYdX Prepares to End Ethereum Bridge Support

According to an official statement from the dYdX X Platform, more than 52 million ethDYDX tokens remain unmigrated to the native $DYDX token on the dYdX blockchain. This follows a community-approved proposal, which garnered approximately 91% support, to finalize an on-chain decision scheduled for June 9, 2025. The proposal aims to terminate Ethereum’s bridging functionality to the dYdX chain. As the deadline nears, dYdX representatives urge token holders to complete the migration promptly to ensure seamless asset transition and avoid any operational disruptions. This move underscores the platform’s commitment to consolidating its ecosystem and enhancing token utility within its native environment.