Add as a preferred source on GoogledYdX Community Votes on Plan to Delist 17 Markets Oct. 30
The vote is scheduled to end Thursday, Oct. 29; the proposal cites low activity, oracle costs and planned infrastructure shutdowns.
dYdX's community is voting on a proposal to close 17 markets and move them into final settlement, which would end trading in those markets Friday, Oct. 30, if approved. The vote is scheduled to end Thursday, Oct. 29.
The proposed closures cover APE, ATH, BLUR, CHZ, DYM, ENA, LIT, ONDO, ORDI, TRUMP, WIF, WLFI, WTI, XAG, ZEN, ZORA and 1INCH.
Most of the selected markets have low trading activity and liquidity. Eight markets had a median 24-hour trading volume of zero over the past four weeks.
WTI and XAG are included because oracle maintenance costs are high relative to their trading volume. ENA, ONDO and WLFI are listed because the SOL, ETH and Base node infrastructure supporting their Slinky price feeds is scheduled to shut down.
Under the plan, each market would close and enter final settlement before delisting. The vote remains open through Thursday, Oct. 29, and the proposed delisting date is Friday, Oct. 30.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.