On November 13, 2026, Deep Tide TechFlow reported that a community proposal from the dYdX Operations subDAO sought to upgrade the protocol to v9.9. The proposal would gradually shift support for on-chain USDC reserves from Noble USDC to Injective USDC. It says users’ existing balances and the USDC denomination used for trading would remain unchanged.
Under the proposal, once the migration begins, USDC deposits would enter only through Injective; deposits through Noble would be returned. Withdrawals could temporarily use either Noble or Injective. Closing Noble withdrawals after its reserves are depleted would require further governance approval.
The proposed upgrade date was November 17, 2026, at block height 114220000. The upgrade was not confirmed in the report: it still required governance approval.
For users, the proposed change concerns the route for USDC deposits and withdrawals, not a stated change to their USDC balances or trading denomination.
Original report: Deep Tide TechFlow · Published November 13, 2026, at 22:24 (UTC+8).