Cryptocurrency exchange Binance has announced the delisting of all trading pairs for the Maker (MKR) token as part of the transition to the new token Sky (SKY). This decision is linked to MakerDAO’s actions regarding token swapping and rebranding.
Reasons for MKR Delisting
Binance stated its intention to delist the MKR token as part of a broader transformation associated with the transition to the new Sky (SKY) token in accordance with MakerDAO's decision.
Details on Delisting and SKY Launch Dates
According to Binance's official announcement, the delisting of MKR/BTC, MKR/TRY, MKR/USDC, and MKR/USDT pairs will occur on September 15, 2025, at 3:00 AM (UTC). Trading for the new SKY/BTC, SKY/TRY, SKY/USDC, and SKY/USDT pairs is scheduled to open on September 17 at 8:00 AM (UTC).
Information on Margin and Futures Trading
From September 15 at 3:30 AM (UTC), deposits and withdrawals for MKR tokens will be suspended. Additionally, on September 8, 2025, at 10:00 AM (UTC), MKR will be removed from margin trading. Contract positions on MKR will be closed on September 8, followed by automatic settlement.
The delisting of the MKR token and the transition to the new Sky (SKY) token signify a critical change for Binance users and participants of the MakerDAO ecosystem. Users should monitor the dates and processes to respond accordingly to these changes.
