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Proposal #640

Settle ETH/USDT Perpetual for USDC Migration on Injective Exchange dApps

PassedBatch Exchange Modification

Passed on 17 May 2026 with 66.6% of the votes for yes.

Yes

66.6%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

17 May 2026

The ballotvotes cast · final tally
Yes

66.60%

of votes cast

Abstain

33.39%

of votes cast

No

0.01%

of votes cast

Veto

0.00%

of votes cast

If passed, this proposal will settle the ETH/USDT PERP market on Injective Exchange dApps as part of the migration to USDC-margined perpetual markets. The settlement price of open positions will be based on the oracle price for this market when the proposal is passed. After settlement, this market will be relaunched as a USDC-margined perpetual market.

Actions:

  • By voting yes on this proposal, you support settling the ETH/USDT PERP market on Injective Exchange dApps.
  • By voting no on the proposal, you do not support settling the ETH/USDT PERP market on Injective Exchange dApps.
  • By voting no with veto, you find this proposal to be spam/irrelevant/malicious to governance, and contribute to burning the 100 INJ deposit if NoWithVeto votes are greater than one-third of the total voting power.
  • By voting abstain, you wish to contribute to quorum while formally declining to vote either for or against the proposal.

Disclosure: I am a member of the Injective Labs team.

Timeline

  1. Submitted13 May 2026
  2. Voting started13 May 2026
  3. Voting ended17 May 2026
  4. Deposit deadline15 May 2026

Proposer

Address
inj1lvly…9nq7r6
Deposit100000.00B

Rules

Not recorded for this proposal.