The best Key Mapping alternative to yKey is AutoHotkey, which is both free and Open Source. If that doesn't suit you, our users have ranked more than 25 alternatives to yKey and four of them are Key Mapping Tools so hopefully you can find a suitable replacement. Other interesting Key Mapping Tool alternatives to yKey are Clavier+, Karabiner Elements and Multi Task Tool.
AutoHotkey is an open-source Windows scripting language for task automation. It crafts scripts for operations like form filling and auto-clicking, initially starting with hotkeys yet evolving into a complete script language. Converts scripts to executables, works offline, and supports debugging.
Clavier+ allows you to create global keyboard shortcuts for launching applications, opening folders, writing text and opening websites.
Karabiner, previously called KeyRemap4MacBook, is a very powerful keyboard remapper for Mac OS X. In addition to simple key remapping, it has special remapping modes like Emacs-mode, SandS-mode (Space and Shift).
Multi Task Tool is a portable tool that, as its very name suggests, can be used to execute multiple tasks in Windows OS!
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