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BTC $79,038.89 -0.72%
ETH $2,481.91 +0.08%
BNB $743.36 -0.22%
XRP $1.40 -0.90%
SOL $104.25 -1.50%
TRX $0.3348 -0.04%
DOGE $0.0898 +1.41%
ADA $0.2197 +1.24%
BCH $259.27 +1.25%
LINK $12.95 +6.23%
HYPE $86.53 -2.39%
AAVE $132.25 -0.93%
SUI $0.8206 +3.54%
XLM $0.1915 +4.08%
ZEC $1,175.80 +2.54%

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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