The DEX introduces a peer-to-peer, transparent, and fair trading system for Pi.
The Pi Network community is looking forward to the introduction of Pi DEX mainnet, a decentralized exchange that will restore the price control to the user and ecosystem productivity. On November 10, 2025, X user @dannamviet has announced the Pi DEX, thus noting that the Pi DEX will remove the power of centralized exchanges (CEX) that have played a long game in controlling the price of Pi by speculation and synthetic trading.
The Pi DEX will enable other traders to buy and sell with smart contracts to make sure all the transactions are made using actual Pi tokens. This is a milestone in the journey of the project as the open mainnet transition of Pi Network in February 2025 offered a wider range of utilization of Pi in decentralized applications and the digital commerce.
The next Pi DEX mainnet will peg the price of Pi to actual productivity in the ecosystem. The valuation of the DEX will be based on the activity of the Pi digital economy, unlike speculative CEX-driven pricing, i.e. the number of active nodes, dApps, and users.
At this time, Pi has more than 350,000 nodes active all over the world and used as the core of computational capability of the network. For a deeper dive into how Pi Network’s DEX plans to reshape value, watch this detailed breakdown:
Pioneers-users that mine Pi via mobile apps are millions and they also contribute to the development of the ecosystem every day. As more transactions, calculations, and applications run on it, Pi is inherently valuable, which also continues to promote it as a work-based digital monetary system and not a speculative asset.
The stakeholders are unique in roles to play:
Large holders (whales) will not be able to distort the block prices and create fake liquidity as the DEX is based on smart contracts and an open order book.
Pi Network which was started by Stanford graduates in 2019 has also grown to be one of the largest mobile-mined crypto ecosystems. In December 2021 Pi also went into an enclosed mainnet and in February 2025 Pi officially went into its mainnet, enabling real-world transactions and integrations with exchanges. As of Q4 2025, Pi Network had more than 433 million users on its platform, had launched AI partnerships with OpenMind, launched token creation tools, and had a circulating supply of 423 million Pi.
The Pi DEX mainnet might be the turning point of the financial independence of the network. It can end middlemen, which will possibly enhance price stability, organic growth, and user trust. Nevertheless, the Pi Foundation has not officially confirmed the date of the mainnet and the form of smart contracts.
