dYdX Foundation Governance Approves Delisting of Four Perpetual Markets

According to the dYdX Foundation, governance participants voted to remove AKT-USD, GNO-USD, MNRY-USD, and MOG-USD trading pairs with 90.96% support and no opposition.

DYDX
GNO

Summary

dYdX Foundation governance approved the delisting of four markets: AKT-USD, GNO-USD, MNRY-USD, and MOG-USD. The vote involved 16 of 31 active validators and 124 accounts, with 90.96% voting in favor and 0% against. The decision affects perpetual markets (crypto derivatives without expiry), reflecting a formal governance process on the dYdX trading platform.

Terms & Concepts
  • Governance: A decision-making process in blockchain networks where stakeholders or designated participants vote on protocol or market changes.
  • Validator: A network participant responsible for helping verify activity and maintain blockchain operations, often with voting power in governance.
  • Perpetual markets: Crypto derivatives markets offering contracts without a fixed expiration date, commonly used for leveraged trading.