DYdX plans to close the v3 version next month, while dYdX Unlimited may be released this autumn

Odaily Planet Daily News: The decentralized derivatives trading platform dYdX announced that it will shut down its v3 version on October 28, 2024 at 20:05 (Beijing time). From now until the closing date, v3 exchange will operate normally, but users should close their positions and withdraw USDC as soon as possible. After October 30th, users can withdraw the full USDC value of their account, including open positions, from Ethereum smart contracts. DYdX emphasizes that user funds are secure and can be withdrawn from smart contracts indefinitely. This shutdown only affects v3 users, dYdX Chain (v4) and others are not affected. At the same time, dYdX stated that they will concentrate resources on developing the Unlimited version, which is planned to be launched this autumn.