Coinbase will support the migration of MKR to SKY

According to official news, Coinbase will support the migration of Maker tokens from MKR to SKY from January 12 to 14, 2026, with a conversion ratio of 1 MKR : 23,520 SKY. During this period, MKR trading and transfers will be suspended.

If users do not wish to have their tokens automatically exchanged, they need to transfer their MKR to a self-custody wallet before January 12.