Proposal for dYdX Protocol Upgrade to v9.6
dYdX Operations subDAO submits a governance proposal for v9.6, enabling on-chain adjustment of tick size and step size for perpetual markets. Vote expected Jan 29, upgrade Jan 30.
The dYdX Operations subDAO has submitted a governance proposal to upgrade the dYdX Protocol to version 9.6. The upgrade introduces the ability for the community to modify market tick sizes and order step sizes through on-chain governance votes, applying changes consistently across both the CLOB keeper and memclob.
Key updates in v9.6 include support for updating SubticksPerTick (tick size) and StepBaseQuantums (step size) via governance. The release tag for the software is protocol/v9.6.0-rc1, though a subsequent patch version, v9.6.1, has been released and is recommended for all validators.
Upgrade Timeline
According to the operations subDAO's suggested timeline, the governance proposal was submitted on January 26, 2026. The expected vote outcome is set for January 29, 2026, with the upgrade itself scheduled for January 30, 2026, at block height 73,860,000. The proposer is advised to adjust the block height if needed to align with approximately 5:00 PM UTC on the upgrade date.
The proposal notes that the protocol software has dropped the patch number from the upgrade name, requiring the use of "v9.6" in the proposal JSON. Community feedback is welcome on the draft proposal before the final vote.
Source: dYdX