According to Foresight News, the dYdX community has initiated an on-chain vote on whether the dYdX chain protocol software should be upgraded to v5.1.0. The voting deadline is 23:02 on July 23, 2024.

The upgrade will include performance optimizations, Slinky updates, and Vault UX improvements. If the proposal is passed, the software upgrade will be executed at block height 21,420,000, which is expected to be 22:35 on July 25.