#dYdXPlansV9.9UpgradeToShiftUSDCToInjective
🔁 Circle Ends Noble USDC Jan 12. dYdX Moves First
dYdX is voting on v9.9, which shifts the USDC backing its perps from Noble to Injective.
📅 Vote closes Nov 16; upgrade targeted Nov 17 ~17:00 UTC
📊 ~90% yes so far on Proposal 400, turnout ~57%
⚠️ After upgrade, Noble deposits are rejected and refunded
🏦 Balances and positions unchanged; withdrawals need an Injective address
My read: low risk for traders, but bridge flows now lean on one route.
Will Noble withdrawals be switched off by mid-December, or linger into January? 👇
$DYDX $INJ #dYdXPlansV9.9UpgradeToShiftUSDCToInjective
#USDC #DeFi