Dear KuCoin Futures Users,
Due to the token swap of Maker (MKR) to Sky (SKY), KuCoin Futures will delist the MKRUSDT Perpetual Contract at 08:00 on September 5, 2025 (UTC).
For details regarding the MKR to SKY token swap and spot trading delisting, please refer to the official announcement:
👉 KuCoin to Support Maker (MKR) to Sky (SKY) Token Swap
Details of the arrangement:
Starting from 08:00 on September 4, 2025 (UTC), opening new positions in the MKRUSDT contract will be suspended, while closing positions will remain unaffected.
The MKRUSDT Perpetual Contract will be delisted at 08:00 on September 5, 2025 (UTC).
Upon delisting, all open orders will be canceled, and positions will be settled based on the average index price over the last 30 minutes prior to delisting. Users are advised to close their positions in advance to avoid potential losses.
The funding rate at 08:00 (UTC) on the delisting date will be set to 0, and no funding fees or service charges will apply during settlement.
In case of abnormal market volatility or confirmed price manipulation of the index, KuCoin Futures may take additional protective measures without further notice. These may include adjusting the maximum leverage per tier, position value, maintenance margin requirements, updating funding rates (including interest, premium, and capped rates), or modifying the index components.
Please note that there may be significant price fluctuations prior to the contract delisting. We strongly recommend that users reduce leverage or close positions in advance to manage risk.
Thank you for your understanding and support!
The KuCoin Futures Team
