Community members of dYdX have initiated an on-chain vote to close seven trading markets covering crypto tokens and commodities such as WTI crude oil and silver. The proposal cites low trading volumes and liquidity issues for most markets, and high oracle maintenance costs for the oil and silver markets. If approved by the voting deadline on October 29, these markets will be shut down and their price feeds discontinued. This move reflects efforts to streamline dYdX's offerings by removing underperforming markets.
The dYdX vote to close seven trading markets including oil and silver comes as a backdrop to current crypto market activity. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 27, 2026 00:41 WIB: out of 50 major cryptocurrencies, 23 rose and 25 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days, and BAT (Basic Attention Token) down 8.01% at Rp2.579 with 95% buy order activity and a typical hold time of 93 days.
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