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CoinCatch Will Support Maker (MKR) Token Swap and Rebranding to Sky (SKY)
Coincatch
2025-08-18 06:50
Dear CoinCatchers,
CoinCatch will support the Maker (MKR) token swap and rebranding to Sky (SKY).
Here are the scheduling details:
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The deposits and withdrawals for MKR will be suspended on August 28, 2025, at 10:00 (UTC).
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On August 28, 2025, at 10:00 (UTC), CoinCatch will delist the MKR/USDT spot trading pair and cancel all open spot orders.
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After the rebranding, the code for the original MKR tokens on CoinCatch will change to SKY (1 MKR = 24,000 SKY).
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All MKR balances will be reclaimed, and new SKY tokens will be distributed to all eligible users at a 1:1 ratio.
Please note:
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After the token swap, CoinCatch will no longer support deposits of the old MKR tokens.
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The opening time for the new SKY deposit, withdrawal, and trading services will be announced separately after the token swap is completed.
For more detailed information, please refer to:
Futures trading
CoinCatch will suspend the opening of new MKRUSDT futures positions from August 28, 2025, 03:00 (UTC). Users will still be able to close positions, close orders, and set take-profit and stop-loss as normal.
Please close your MKRUSDT perpetual contract positions before August 29, 2025, 03:00 (UTC). At that time, CoinCatch will stop trading of MKRUSDT perpetual contract and cancel orders. If you do not close the position on time, CoinCatch will settle and close the position.
Thanks for your understanding and support!
CoinCatch Team
Disclaimer:
Digital asset prices carry high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. CoinCatch is not responsible for any losses that may occur. This article should not be considered financial advice.