Coins.ph will be supporting the $MKR token swap and rebranding to $SKY. In line with this, kindly be informed of the following timeline.
September 15, 2025, 11:00 PHT
- Maker (MKR) network deposits and withdrawals will be disabled.
- $MKR token Spot Trading and Convert will be disabled.
September 18, 2025, 16:00 PHT
- SKY (SKY) network deposits, convert and spot trading will be enabled.
- A system-initiated 1:24,000 swap will be carried out converting all $MKR tokens for Coins users to the newly rebranded $SKY token.
Please note that any $MKR deposits made after September 15, 2025, 11:00 PHT may result in loss of funds. If you prefer not to participate in the migration, please ensure that you withdraw your MKR tokens before the start of the migration.