According to PANews, dYdX has opened an onchain vote on its v9.9 protocol upgrade starting today (Nov 13) at 19:32 Beijing time, with voting running until Nov 16 at 19:32. The upgrade is scheduled for block height 114,220,000, approximately Nov 17 at 17:00 UTC.

The key change involves migrating USDC reserves from Noble to Injective, following Circle's discontinuation of USDC support on the Noble network. After the upgrade, deposits will route through Injective, while deposits via Noble will be refunded. Existing balances and trading activity remain unchanged; withdrawals can continue via either Noble or Injective.

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