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

2025-08-29 17:06:00

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ChainCatcher message, according to the official MKR plan and OKEx arrangements, MKR will be exchanged for SKY at a ratio of 1:24,000. Today at 17:00, OKEx will stop lending MKR, and from September 3rd, 16:00 to 18:00, leverage trading for 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, OKEx 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 the same 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 exchange will be completed, with MKR being converted to SKY for distribution. The trading time for SKY will be announced separately.

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