Prop #361 Vote

Name: Prop #361 Vote
Start: 2026-03-12T23:00:00.000Z

DYDXdYdX▼ -0.20%

◆ Description

On-chain governance vote asks to wind down multiple markets including LUNC, GALA, & THETA.

◆ Why it matters

The vote is an operational risk-management move to wind down a set of likely low-liquidity/low-volume markets on dYdX. It doesn’t alter DYDX tokenomics, emissions, or core protocol functionality, and it’s not tied to a strong market narrative. Any impact on protocol fees should be marginal. Governance activity of this type is routine, so while it may slightly signal active stewardship, it’s unlikely to trigger a notable price impulse for DYDX.