dYdX Community Approves Gradual Closure of 12 Markets
The proposal passed with 91.07% support, and the first group of affected markets is scheduled for April 6, including JASMY-USD, RAY-USD, TRB-USD, and YFI-USD.
DYDX
JASMY
RAY
Summary
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Terms & Concepts
dYdX: A cryptocurrency trading platform focused on derivatives and decentralized trading services.
Market closure: The process of shutting down trading pairs or products, usually in stages to reduce disruption for users.
USD trading pair: A market that prices a cryptocurrency against the U.S. dollar.