DRC: Migration solution for ERC-20 DYDX holders

Will there be any solution?! I’ve been holding tokens since 2023, very disappointed with everything.

Dear DYDX Team,

Currently I am holding DYDX tokens in Erc-20 network since 2022. As I am not a big fan of social media and internet activities I didn’t follow all the news of the projects I am investing in. Your project is a 90% of my life portfolio and savings and I would like to keep it in my hands. I would like you to find a solution where people can convert their tokens from erc-20 to your blockchain and keep your reputation clean as it was. More than 100k tokens were stuck in my ERC-20 wallet.

Sincerely

Hello dydx team!

I regret to learn today from sources on YouTube that the ETH bridge is closed. I am a supporter of your project and a coin holder since 2022 and there are more than 45,000 like me!!!

We all found ourselves without the opportunity to exchange our tokens, and this is a huge amount - over $ 25,000,000!!!

For most of us, this looked like a hidden “trap”: the proposal to close the bridge a few days ago had only about 600 views, and the reminder of the disconnection date had only -129 views.

For example, on the video of the influencer from whom I learned about the closure, there were more than 25,000 views … think about it … that is why this looks like a pre-planned action.

If this is not the case, then give people the opportunity to return the funds invested in your project and, most importantly, restore trust in you.

I hope for your common sense.
With respect to you.

Good afternoon! I really like your project, I’ve been following it for several years, and I’m an avid holder, but I haven’t seen any news about the bridge’s closure, and I didn’t even think it was possible. I currently have around 170,000 DYDX tokens on the ETH network, and I can’t do anything about it.

ERC-20 DYDX Holder – Need a Fair Migration Path

I’m also holding DYDX tokens in the ERC-20 format and unfortunately missed the migration window when the bridge was active. Now my tokens are “stuck,” and I cannot fully participate in the ecosystem on the new chain.

I want to support the DRC proposal for a migration solution and suggest:

  1. Re-open the bridge for a limited period — so that all ERC-20 holders can migrate their tokens into native DYDX at a 1:1 rate.

  2. Provide official liquidity on decentralized exchanges — to ensure a fair exchange rate without huge slippage.

  3. Consider deploying a new migration contract — allowing ERC-20 tokens to be directly converted into native DYDX.

I understand there are technical and legal considerations, but this is extremely important for community members who have supported the project long-term and trusted the team by holding tokens.

I sincerely hope that the dYdX team and stakeholders will take this matter seriously and find a fair solution that does not leave a portion of the community behind.

I have been holding dYdX tokens for over a year, and all the exchanges I have used only work with the ETH network. Please do the right thing. You can see what a huge social and economic impact your decision has had. Decisions can be wrong, and there is no shame in that. If a mistake has been made, it needs to be corrected.

I fell seriously ill last summer; it was a matter of life and death, and I was unable to follow the project news, which was also poorly covered.

When the token was first widely advertised, I saw a lot of posts from influencers on social media and other media. I didn’t hear anything about the bridge being closed! Please give us the opportunity to exchange tokens 1:1.

I have been a DYDX holder for several years and kept my tokens in the ERC-20 network for a long time. On many exchanges, ERC-20 was the only withdrawal option, with fees that were unreasonably high compared to the rest of the market. About a year ago, I finally moved my tokens to the DYDX chain to participate in the Cosmos ecosystem. If it weren’t for that opportunity, they would likely still be stuck on ERC-20.

This situation has caused a lot of frustration and feels deeply unfair to many community members who have supported the project for years. I share this feeling and therefore fully support this proposal.

I fully support the statement. I also became a victim of the unfair from my standpoint behaviour of the developer community. I’ve invested a fair amount into the project, and now cannot transfer the tokens since i’m mainly holding it on my hardware wallet. I would be glad if the developers temporarily reopened the bridge for holders including myself to transfer tokens.

Hello DYDX team,

I am one of the users who still holds DYDX tokens on Ethereum (ERC-20). Since DYDX has discontinued support for the Ethereum network, my tokens are now stuck and I currently have no way to migrate them to the new chain.

I strongly believe that all ERC-20 DYDX holders should be provided with a fair solution. Whether it is by reopening the official bridge, offering an alternative migration path, or another mechanism, it is only right that we are able to receive the same number of tokens on the new network.

Please consider the impact this has on long-term supporters of DYDX. Many users are in the same situation and are unable to access the value of their holdings. A migration option would restore trust and ensure fairness for everyone who believed in DYDX from the beginning.

I kindly ask the team to address this issue and provide a clear solution for ERC-20 holders as soon as possible.

Thank you.

Dear DYDX Team,

I am writing to express my support for the consideration of this DRC. I must admit, I did not see any announcements regarding the token migration to the native chain in mainstream media outlets; articles on the subject only began to appear in September 2025. Frankly, I never believed I could simply lose my tokens in this manner—it seemed impossible.

I am a long-term holder of the token and have always had confidence in the team’s integrity and transparency. I respectfully request that the DYDX team finds a fair and equitable solution to allow the transfer/swap of these tokens.

With respect to the entire DYDX community and team.

I hold ERC-20 DYDX on Ethereum and couldn’t migrate before the bridge was discontinued. The closure with limited notice left many of us stranded. Please consider a time-limited migration window or an official conversion program via supported exchanges so legacy holders can move to native DYDX safely.

Dear dYdX Team / Foundation / Governance,

I am a holder of DYDX tokens in ERC-20 format on the Ethereum network. Unfortunately, like many other community members, I was unable to migrate my tokens through the Bridge before it was closed on June 13, 2025. As a result, these tokens are now effectively “frozen”: liquidity is extremely low, slippage is high, and there is no reliable way to convert them into DYDX on the dYdX Chain.

I understand that the decision to discontinue the Bridge was made through governance. However, I would like to kindly request that the following possible solutions be considered for the remaining ERC-20 holders:

  1. Temporarily reopen the Bridge (or extend the migration function), allowing ERC-20 holders to securely transfer their assets to the dYdX Chain.

  2. If reopening the Bridge is not technically feasible, provide an official alternative migration method — via exchanges, swap contracts, or other mechanisms with minimal losses and slippage.

  3. Consider offering compensation for holders whose tokens cannot be migrated.

Resolving this situation would strengthen community trust and help maintain dYdX’s reputation as one of the leading projects in decentralized finance.

I have the same situation, absolutely agree with topic starter, gave people the opportunity to transfer their tokens from erc-20, please

This problem needs to be solved

Hello, I didn’t know about the exchange either. A couple of years ago, I bought a token and transferred it to a Tangem cold wallet, where it remains on the ERC20 network. Yesterday, I read a blogger’s post about it on Telegram, and I registered on your website to write about it. There are many people like me. Please create a bridge and allow people to exchange their tokens and keep them in their wallets. Thank you for your attention.

Thank you for engaging on this. I’d like to frame the issue a bit more broadly.

Before the bridge was turned off, the practical “supply gap” didn’t exist: the bridge handled it algorithmically (burn/lock ERC-20 → mint native, or equivalent). There was no need to pre-source the full native supply to allow a 1:1 migration.

After the shutdown, and with no on-chain alternative provided, the same “supply gap” is now presented as an insurmountable blocker. That looks like an artificial obstacle created by the sequence of decisions: first disable the only mechanism that resolved the gap, then argue the gap prevents remediation.

Could you please clarify:

1. Do you acknowledge that prior to the bridge shutdown, a pre-minted native DYDX pool was not required for 1:1 migration?

2. Could you explain why the gap-resolving mechanism was turned off first, and why that gap is now presented as the reason migration “cannot” proceed?

3. Why weren’t less harmful options analyzed and put to a vote?

I’m asking in good faith. Clear answers and a side-by-side comparison of feasible remedies would help everyone move forward constructively.

The bridge shutdown is a governance switch you flipped via DAO votes — not a technical impossibility — and the same governance can flip it back or enable a 1:1 redemption path.
Your own DRC states the community could consider a procedure to migrate remaining ethDYDX after disabling the bridge, which means the path is explicitly on the table by design.
So stop framing this as “Foundation can’t”; validators toggled is_disabled through governance and can pass a new proposal for a one‑way claim.
Path forward: snapshot ERC‑20 balances at the bridge‑closure height, open a one‑way Merkle claim on dYdX Chain for 1:1 redemption, and fund native liquidity via DAO treasury allocation or a governance‑approved mint; a time‑boxed bridge reopen also fits the same governance scope.
Leaving ERC‑20 holders stranded behind illiquid DEX quotes is a process failure the forum itself acknowledges as a risk; fix it with the standard claim mechanics instead of pushing responsibility to users.
Publish the plan: snapshot height, claim window, liquidity source (treasury/mint), and implementation owner/timeline — anything short of a 1:1 redemption path is a governance choice the market will price as a credibility hit.

@tokenholder2055 let me help you my friend, they already gave you what you need, please read

SUPPORT THID DRC

Seriously, dYdX? Closing the ETH–DYDX bridge is a slap in the face.

I can’t believe dYdX just closed the bridge for swapping DYDX from Ethereum to native without leaving a clear, user-friendly alternative. Many of us have long-term holdings locked on Ethereum, and now we’re left without any fair way to swap our tokens 1:1.

This isn’t just an inconvenience. It breaks trust. A protocol that claims to be “decentralized” shouldn’t pull the rug on a critical piece of infrastructure with such poor communication.

dYdX, you’ve built an amazing platform, but moves like this make people think twice about staying in your ecosystem. Respect your users—open the bridge or provide a seamless migration path ASAP.

Уважаемая команда DYDX.
Пожалуйста, дайте нам возможность обменять ваши монеты 1:1, мы будем очень благодарны и никогда не забудем, что в такой сложной ситуации вы не оставили нас и протянули руку помощи. Я был в депрессии каждый день с тех пор, как узнал, что остался без своих инвестиций.