The migration from DAI (Dai Stablecoin) to USDS (Sky Dollar Stablecoin) is part of the Maker Protocol’s transition to Sky Protocol. This upgrade introduces a new, simplified stablecoin while ensuring smoother governance, improved stability, and wider adoption.
This article explains the key dates and what changed.
📅 Migration Roadmap: DAI → USDS
Here’s everything you need to know:
11 Sept 2025 – 20:00 UTC: Trading and deposits for DAI were disabled.
12 Sept 2025: Any remaining open DAI trades were closed automatically.
16 Sept 2015 - 23:59 UTC: Withdrawals for DAI were suspended.
22 Sept 2025 – 12:00 UTC: USDS was listed on Coinmetro. All remaining DAI balances were automatically converted to USDS at a 1:1 ratio. Deposits, withdrawals, and trading for USDS are now fully enabled.
ℹ️ Why the Change?
The shift from DAI to USDS is part of the Maker Protocol’s rebrand to Sky Protocol. It introduces a new, streamlined stablecoin while supporting broader ecosystem growth, compliance, and adoption.
✅ Do I Need to Do Anything?
No action is required. If you held DAI on Coinmetro, your balance was automatically converted to USDS at a 1:1 ratio.
❓Need Help?
If you have any questions or need further assistance, please don't hesitate to contact our support team.