dYdX Terminates Ethereum Bridge Support: What You Need to Know

dYdX is discontinuing support for its Ethereum cross-chain bridge effective June 9, 2025. The decision, backed by a strong community vote (91% approval), will impact users and the broader crypto ecosystem. To avoid potential token devaluation, migration to dYdX’s native Layer 1 platform before the deadline is crucial. 😓 This move marks a significant shift for dYdX as it transitions to become an independent blockchain, impacting liquidity pools and token functionality.