TechFlow news, September 22 — According to an announcement by the dYdX Foundation, in response to community concerns regarding the deactivation of the wethDYDX smart contract (cross-chain bridge), the Foundation has issued a clarifying statement.
The statement notes that the bridge deactivation was not a unilateral decision by the Foundation, but followed a two-step governance process: a text proposal passed on December 7, 2024, decided to cease support by June 2025; a subsequent parameter change proposal finalized the deactivation on June 13, 2025.
The dYdX Foundation emphasized that it cannot unilaterally reactivate the bridge—any reconsideration would require a new governance proposal approved by the community. As a non-profit entity, the Foundation does not hold substantial reserves nor operate as a market maker.
Regarding future cross-chain or liquidity solutions, the Foundation stated that initiatives must be community-driven and follow the governance proposal lifecycle, including reaching consensus on the dYdX Forum, submitting a text proposal to gain community support, and following up with an on-chain proposal when necessary.
