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 dYdX emphasizes that the security of user funds is not affected and can be withdrawn from smart contracts indefinitely.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