Upcoming DAI Upgrade and Conversion to USDS

By BTSE Published 1 min read
Upcoming DAI Upgrade and Conversion to USDS

Due to DAI’s upcoming upgrade and conversion to USDS on our platform, we will disable deposits and trading for DAI on April 20, 2026. Open orders for DAI trading pairs will be automatically cancelled at this point. 

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On April 23, DAI withdrawals will be closed at 11:00 AM (UTC+8). Convert / OTC services for DAI will be suspended. DAI will no longer be supported as collateral for futures trading from this point onwards, and remaining DAI used as collateral will be transferred to user spot wallets. 

USDS deposits and withdrawals will become available on April 24 at 5:00 PM (UTC+8). DAI balances in user spot wallets will be converted to USDS at a 1:1 ratio. Please note that OTC and Convert services will remain closed.

More info regarding the rebranding from the Sky protocol team can be found here. 

For any further questions, please contact us at support@btse.com. 

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Disclaimer. This article is for informational purposes only and does not constitute financial, investment, or trading advice. Digital asset prices are volatile and you may lose the entire value of your position. Availability of products varies by jurisdiction. Consider your circumstances and seek independent advice where appropriate.

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