dYdX Trading to Sunset v3 Platform on October 28, 2024, Marking Start of 'Unlimited Era'

dYdX Trading has announced plans to sunset its v3 platform starting from October 28, 2024. This move will not affect users of the dYdX Chain and the v4 API.

The announcement marks the beginning of what the company calls the 'Unlimited era'. Additionally, the dYdX Foundation has prepared a FAQ to address governance and tokenholder concerns related to the transition. Key takeaways from a recent AMA with the dYdX Foundation include lower fees, strategic buybacks, and an optional USDC DeFi strategy.

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