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Delisting of Maker (MKR) and Upcoming SKY Listing

  • Updated

We’re writing to inform you that CoinJar will be delisting Maker (MKR) from CoinJar and CoinJar Exchange (CJX), in line with MakerDAO’s transition to the SKY token. 

You’ll be able to swap MKR for SKY on CoinJar and trade both tokens on CoinJar Exchange. Normal fees will apply.

Please note: CoinJar will not be supporting a protocol-level MKR→SKY migration or offering fixed-rate swaps. If you’d like to migrate MKR to SKY at the MakerDAO rate, you’ll need to withdraw to an external wallet that supports the migration.

CoinJar recommends that you consider selling MKR tokens before 14th September 2025, or withdrawing MKR from your CoinJar account to your external wallet. Capital Gains Tax might apply to any assets sold but we strongly advise that you check with your accountant or tax advisor (as this is not tax advice). 


Key Dates

5th September 2025 (Friday) or sooner: 

  • Sky Token will be available for trading on both CoinJar and CoinJar Exchange. 

11th September 2025 (Thursday): 

  • MKR Delisting Date across CoinJar and CoinJar Exchange.
  • Deposits will be disabled.
  • Trading, Bundles, Recurring Buys, and CoinJar Card support will end.

     

What’s Changing

  • Trading: MKR will remain tradeable until the MKR Delisting Date (or sooner if required by market conditions). After this date, all trading pairs will be delisted on CoinJar Exchange, open orders cancelled, and any remaining MKR returned to your CoinJar.
  • Deposits & Withdrawals: Deposits will be disabled from the MKR Delisting Date. Withdrawals will remain available until further notice so you can move MKR to an external wallet that supports the MKR→SKY migration.
  • CoinJar Bundles: From 28th August 2025, MKR is no longer included in Bundle weights. You can rebalance to sell MKR, or unbundle it. On the MKR Delisting Date, any MKR left in Bundles will be automatically unbundled and placed into your CoinJar account at no cost. You can rebalance your bundles in a few easy steps. Steps to follow are here.
  • Recurring Buys (DCA): You can cancel MKR Recurring Buys at any time. On the MKR Delisting Date, any active MKR DCA will be cancelled automatically. Steps to follow are here.
  • CoinJar Card: MKR will no longer be available to use with CoinJar Card from the MKR Delisting Date.

 

What You Can Do

  • If you want to sell or swap MKR on CoinJar: consider doing so before the MKR Delisting Date to avoid disruption.
  • If you wish to hold MKR: no action is required, but trading and deposits will cease on the MKR Delisting Date.
  • If you want to convert to SKY at a protocol/token-swap rate: withdraw MKR to an external wallet or venue that supports the migration.
  • If you want to manage Bundle exposure: rebalance to remove MKR, or unbundle your Bundle entirely.

     

Tax Considerations

Selling, converting, rebalancing, or otherwise disposing of digital assets may have tax implications, including Capital Gains Tax. This communication is not financial or tax advice. Please seek independent advice from an accountant or a financial advisor.

 

SKY Listing

SKY will be listed on CoinJar and CoinJar Exchange soon. We’ll notify you as soon as it becomes available.

Thanks for your understanding as we support MakerDAO’s transition.



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