Following a governance vote by the dYdX Community, support for the wethDYDX Smart Contract on the dYdX Chain is expected to be discontinued from June 2025. More information is available here. Users should note and understand that, any ethDYDX holders that do not interact with the wethDYDX Smart Contract prior to the date on which the dYdX Chain ceases to support the wethDYDX Smart Contract (i.e., June 2025) will likely be unable to convert their ethDYDX tokens into dYdX-Chain DYDX tokens in the future (potentially indefinitely).

Migrating your ethDYDX tokens from Ethereum to DYDX tokens on dYdX Chain willenable you to stake in order to secure the network and participate in governance on the dYdX Chain.

Please see the bridging guide published by the dYdX Foundation for a detailed overview of how to bridge.

You can review the dYdX community documentation to understand the process in more details here: Migration and Bridge Overview.

Where should I navigate to migrate my ethdYdX Tokens to dYdX Chain?

For the Tokens migration process you can navigate to bridge.dydx.trade site.

How can I migrate my funds from Version 3?

The migration process is only for the ethdYdX tokens. As V3 was sunset in October 2024 you can withdraw your funds directly from Ethereum blockchain, onboard with dYdXChain deposit your funds and start trading.

When can I receive my tokens?

Bridging tokens from the Ethereum network takes about 40 hours. After the bridging process is fully finished, you receive wethDYDX on the Ethereum network, and DYDX on the dYdX Chain.

How can I track the status of migration process?

You can track the status on the migration by navigating to this https://bridge.dydx.trade/ selecting "Pending migrations" and checking the status using your dYdX wallet address.

Disclaimer and Terms

This document may provide information with respect to the dYdX Chain software, and/or non-mandatory guidelines and suggestions that may help with using dYdX Chain software. dYdX Operations Services Ltd. does not run dYdX Chain validators nor operate or control the dYdX Chain network. dYdX Operations Services Ltd. is not responsible for any actions taken by other third parties who use dYdX Chain software. dYdX Operations Services Ltd. services and products are not available to persons or entities who reside in, are located in, are incorporated in, or have registered offices in the United States or Canada, or Restricted Persons (as defined in the Terms of Use). The content provided herein does not constitute, and should not be considered, or relied upon as, financial advice, legal advice, tax advice, investment advice or advice of any other nature, and you agree that you are responsible to conduct independent research, perform due diligence and engage a professional advisor prior to taking any financial, tax, legal or investment action related to the foregoing content. dYdX Foundation is independent from and unaffiliated with dYdX Operations Services Ltd., and dYdX Operations Services Ltd. is not responsible for any action taken by dYdX Foundation or any other third parties, including content set forth on any third-party websites, such as any links to such content in this document. The information contained herein, and any use of products or services provided by dYdX Operations Services Ltd., are subject to the Terms of Use.