02 Oct
02Oct

Pi Network is making a substantial stride toward full Web3 functionality by launching a Decentralized Exchange (DEX) and Automated Market Maker (AMM) on its Testnet. This move provides developers with a crucial sandbox environment to simulate real token trading and explore DeFi mechanisms without risking live assets.


Key Features of the Testnet Upgrade

  • DeFi Simulation: The new framework allows users to create test tokens, seed liquidity pools, and experiment with complex DeFi tools, mimicking the operational mechanics of established blockchains.
  • AMM Integration: By integrating AMMs, which use algorithms to swap tokens instead of traditional order books, Pi Network is clearly aligning itself with broader DeFi standards and regulations.
  • Safety and Innovation: The Pi Core Team emphasizes that keeping these features on the Testnet ensures network safety and stability while actively fostering innovation. Developers can fully test token economies and new ideas before a Mainnet expansion.

Transitioning to a Full Web3 Ecosystem

This upgrade signals Pi Network's transformation from its original identity as a simple mobile mining app into a complete Web3 environment.

  • Enhanced Visibility: The rollout comes shortly after Pi Coin secured a new exchange listing, which, combined with this expanding toolkit, could position the project for listings on larger platforms like Binance in the future, accelerating mainstream adoption.
  • Building Real Utility: By equipping developers with market simulation tools, the network is laying the groundwork for Pi Coin to evolve into a functional digital currency with tangible utility.

The market reaction has been positive, with Pi Coin gaining over 3% in the past 24 hours, suggesting growing momentum as the network implements other updates, like Protocol v23, on its Testnet.

October 2025, Cryptoniteuae

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