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BTC $78,603.56 -0.30%
ETH $2,491.03 +0.70%
BNB $753.76 +2.20%
XRP $1.43 +2.78%
SOL $103.73 +0.21%
TRX $0.3392 +1.54%
DOGE $0.0898 +0.54%
ADA $0.2273 +3.92%
BCH $257.97 -3.00%
LINK $12.65 -1.51%
HYPE $83.69 -2.04%
AAVE $129.94 -1.20%
SUI $0.8196 +1.35%
XLM $0.1912 +0.38%
ZEC $1,189.41 +3.46%

OKX supports MKR 1:24,000 exchange for SKY, announces business suspension and exchange time

2025-08-29 17:06:00

ChainCatcher message, according to the official MKR plan and OKX arrangements, MKR will be swapped for SKY at a ratio of 1:24,000. Today at 17:00, OKX will stop lending MKR, and from September 3rd 16:00 to 18:00, leveraged trading of MKR/USDT will be suspended; on September 4th at 16:00, the MKR/USDT perpetual contract will be delisted.
On September 8th from 10:00 to 11:00, OKX will delist MKR-related spot trading pairs and suspend services such as flash swaps, and at 12:00, MKR deposits, withdrawals, and transfers will be closed; on that day at 13:00, a snapshot of MKR accounts will be taken (positions < 0.0001 will not be counted), and from September 8th 13:00 to September 10th 18:00 (UTC+8), the swap will be completed, with MKR being converted to SKY for distribution. The trading time for SKY will be announced separately.

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