DYDX · 2026-11-13 15:00 UTC

USDC on dYdX Chain: Migration from Noble USDC to Injective USDC

The dYdX Chain v9.9 upgrade introduces Canonical USDC, moving the USDC backing on dYdX Chain from USDC on Noble to USDC on Injective. Balances, open positions and collateral are unaffected; USDC keeps the same denom, but deposits must come via Injective and withdrawals go out as USDC on Injective. Noble withdrawals stay open temporarily, until governance closes them (expected around early December), with Circle's CCTP v1 burn limit on Noble at $250,000 per transaction and declining; Circle's cutoff for USDC on Noble is January 12, 2027.

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