Overview

• Pi Network activated a decentralized exchange and automated market maker on its Testnet to enable token swaps and liquidity pools using Test-Pi.
• Developers can mint test tokens and build markets on Testnet, with Mainnet token creation paused pending formal rules that prioritize real utility over speculation, according to Dr. Chengdiao Fan.
• The new tools integrate with Pi App Studio, Pi Wallet, and Pi KYC to support development, user verification, and fair distribution ahead of any Mainnet deployment.
• The Pi Core Team says keeping features on Testnet improves safety and stability as infrastructure is refined, with Protocol v23 now live on the Testnet.
• Market reaction has been modest, with Pi near $0.27 after an end‑September low around $0.2234 and a roughly 3% daily gain, and visibility rising with a recent exchange listing as some analysts suggest the upgrades could aid future larger‑exchange listings.