dYdX proposes shifting USDC backing from Noble to Injective
DEFIdYdXcoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
dYdX has proposed its v9.9 plan to shift USDC backing from Noble to Injective, rerouting deposits and withdrawals. Existing USDC balances, collateral and open positions are said to be unaffected. The article gives no vote outcome, effective date or further technical detail, so the next step is the governance process and any follow-up on the rollout.
For experienced traders · 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