Migration Path

A migration path is the structured process of moving data or transitioning users from an old version of a protocol to a new one. This is often necessary when an upgrade is too significant to be handled by a simple proxy update, such as when the underlying data structure needs to be fundamentally changed.

A well-designed migration path minimizes friction for users and ensures that their assets and positions are accurately reflected in the new version of the system. In derivatives trading, a smooth migration is critical to avoid liquidation events caused by downtime or inconsistencies during the transition period between protocol versions.