The Pi Network is undergoing a significant transformation, moving beyond its roots as a social mining project to focus on decentralized finance (DeFi). The project has begun early tests for its long-awaited Decentralized Exchange (DEX) and Automated Market Maker (AMM) on the Pi Testnet, signaling a major push to compete with established DeFi networks.
The new DEX will form the financial foundation of the network, enabling on-chain token swaps without the need for centralized intermediaries. Its core mechanics will mirror industry leaders like Uniswap and PancakeSwap:
The Pi Wallet is being integrated as the central hub for all DeFi activities, allowing users to:
The Pi Core Team emphasizes that the goal is not just to copy existing systems, but to make complex decentralized financial tools accessible to its massive user base, known as "Pioneers." Testing on the Pi Testnet serves to educate the community and ensure a stable launch before the full mainnet rollout.
If successful, the Pi DEX and AMM will redefine the project's identity, transforming Pi from a passive mobile mining app into a self-sustaining DeFi economy built and operated by its users.
October 2025, Cryptoniteuae