Hotcoin to Support Dai (DAI) Token Swap and Rebranding to USDS

Dear Hotcoin Traders,
According to the official announcement from the Dai (DAI) project, Dai (DAI) will be swapped to the new USDS (USDS) token at a 1:1 ratio. Hotcoin will fully support this token swap and provide users with a seamless conversion experience. Users’ Dai (DAI) holdings on Hotcoin will be automatically converted.

Hotcoin will implement the following arrangements:

Deposits and Withdrawals
Deposits and withdrawals of DAI have been suspended. Please note that any DAI deposits made after the suspension will not be credited.

Trading
Spot trading for the DAI/USDT trading pair will be discontinued at 10:00 on April 7, 2026 (UTC+8). All open orders will be automatically canceled.

Token Swap and Rebranding
All DAI tokens will be swapped to USDS at a ratio of 1 DAI = 1 USDS.

The listing schedule for USDS will be announced separately upon completion of the listing review.

For more details regarding this token migration, please refer to the official announcement:
https://forum.skyeco.com/t/sky-has-arrived/24959

Please note that after the token swap is completed, Hotcoin will no longer support the Dai (DAI) token.

Thank you for your continued support and trust in Hotcoin. If you have any questions, please feel free to contact our customer support team.

Hotcoin Team
March 30, 2026