According to Foresight News, dYdX Ops subDAO announced via Twitter that the dYdX Chain will undergo a v5.1.0 upgrade. This update will include performance optimizations, Slinky updates, and improvements to Vault UX. The official statement noted that there might be delays and downtime between 14:00 and 16:00 today, depending on block height.
Previously, Foresight News reported that the dYdX community had voted in favor of the proposal to upgrade the dYdX Chain protocol software to v5.1.0.