Dear Users,
Pionex will support the token swap and rebranding of Maker (MKR) to Sky (SKY). Accordingly, the following adjustments will be made to MKR-related features:
1. Delisting of Future Trading Pair and Leveraged Tokens
At 08:30 (UTC) on Sep 1st, 2025, the MKR/USDT future trading pair and MRK2L/USDT, MRK2S/USDT leveraged tokens will be discontinued and delisted. All open orders and related bot orders will be canceled.
2. Discontinuation of Offering in the MKR Flexible Product in Earning
- At 2:00 (UTC) on Sep 8th, 2025, the offering of the MKR flexible product in Earning will be discontinued.
- Before 2:00 (UTC) on Sep 8th, 2025, profits will be distributed as usual.
- After 2:00 (UTC) on Sep 8th, 2025, MKR assets will be automatically redeemed to your primary account.
3. Delisting of Spot Trading Pairs
At 03:00 (UTC) on Sep 8th, 2025, MKR/USDT and MRK/BTC spot trading pairs will be discontinued and delisted. All open orders and related bot orders will be canceled.
4. Suspension of Deposit and Withdrawal Services
At 03:00 (UTC) on Sep 8th, 2025, deposits and withdrawals for MKR will be suspended.
5. MKR Position Snapshot and Token Swap
After the trading pairs are delisted, a snapshot of users holding MKR will be taken. Eligible users will receive Sky (SKY) tokens at a 1 MKR = 24,000 SKY ratio.
6. Reopening of SKY Trading
The trading pairs of SKY/USDT is expected to be reopened at 09:00 (UTC) on Sep 17th, 2025.
Risk Warning:
Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously. Though Pionex will try its best to choose high-quality assets, Pionex cannot assure any profit and will not be responsible for your trading loss.
Thank you for your continued support of Pionex!
Pionex Team
July 23th, 2025
Comments
0 comments
Article is closed for comments.