dYdX Initiates On-Chain Vote to Close Multiple Trading Markets, Involving ENA, ONDO, WLFI, and Others

Odaily reports: According to a dYdX Foundation announcement, the community has initiated an on-chain governance vote to close multiple trading markets. The vote will end at 20:40 Beijing time on October 29, covering markets including ENA, ONDO, WLFI, TRUMP, WIF, as well as WTI crude oil and XAG silver. The proposal states that trading activity and liquidity in most of the relevant markets are relatively low; oracle maintenance costs for the WTI and XAG markets are excessively high relative to usage, while the ENA, ONDO, and WLFI markets involve the planned shutdown of node infrastructure on which their price data sources depend. If the proposal is approved, the relevant markets will enter final settlement status and the corresponding price data sources will be closed.