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ETH $1,857.17 -1.31%
BNB $565.23 -0.19%
XRP $1.09 -1.38%
SOL $73.94 -1.88%
TRX $0.3296 -0.48%
DOGE $0.0694 -0.46%
ADA $0.1620 -2.61%
BCH $210.67 +0.19%
LINK $8.31 -1.87%
HYPE $57.58 -1.43%
AAVE $91.03 -4.79%
SUI $0.7057 -3.65%
XLM $0.1775 -2.70%
ZEC $479.17 -4.10%

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

2025-08-29 17:06:00
Collection

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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