dYdX proposes shifting USDC backing from Noble to Injective
DEFIdYdXcoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
dYdX has proposed a v9.9 plan that would reroute USDC deposits and withdrawals so that backing moves from Noble to Injective. The article says existing USDC balances, collateral and open positions would be left unchanged. The story is a proposal and the article gives no timeline for a decision or rollout.
For IT people · Written by AI from 1 source · Wrong?
What to do
- If you use dYdX deposits or withdrawals, check the v9.9 proposal details when they are published.
Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
The Defiant