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BTC $74,113.53 +3.69%
ETH $2,334.78 +11.12%
BNB $678.67 +2.62%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $479.17 +3.51%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $1.05 +5.10%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

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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