Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.31% | 0.61% | 0.51% | 12.00% | 18.82% | 51.53% |
Comparison
Tokenomics
Unlock Progress
Data source: CoinGecko
PI is the native token of Pi Network (mobile mining app, Stellar SCP), hard-capped at 100 billion. Users may voluntarily lock migrated PI (up to 200%, up to 3 years) to boost mining rate.
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | OOKXCEX | PI/USDT | $0.206 | $217,010 | $272,641 | $6,026,287 | 104.77% |
| 2 | BBitgetCEX | PI/USDT | $0.2062 | $128,675 | $131,636 | $2,479,301 | 43.10% |
| 3 | OOKXCEX | PI/TRY | $0.2058 | $18,214 | $21,556 | $218,856 | 3.80% |
| 4 | OOKXCEX | PI/EUR | $0.2057 | $9,835 | $12,566 | $56,304 | 0.98% |
| 5 | OOKXCEX | PI/USD | $0.2055 | $55,117 | $56,261 | $45,240 | 0.79% |
| 6 | OOKXCEX | PI/USDC | $0.2056 | $23,605 | $35,396 | $15,000 | 0.26% |
| 7 | OOKXCEX | PI/USDC | $0.2056 | $23,605 | $35,396 | $15,000 | 0.26% |
| 8 | OOKXCEX | PI/BRL | $0.2056 | $6,536 | $17,075 | $6,528 | 0.11% |
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About Pi Network
Pi Network is a crypto network distributed through a mobile app that allocates mining rights on an invitation basis, with users confirming activity daily and building a trust graph of security circles. Consensus follows a federated Byzantine agreement derived from the Stellar Consensus Protocol, with consensus slices elected from layered nodes, so ordinary users take part without running mining hardware. It targets the hardware and fee thresholds that keep most people off-chain: accounts register by phone number and pass identity verification, wallet, browser and payments form one in-app loop, third-party apps ship through the Pi Browser, and transactions are priced in very small denominations.
Pi pairs a mobile entry point with its own app marketplace: an account is created by phone number, identity verification unlocks a wallet, third-party apps distribute inside the Pi Browser, and payments clear in very small denominations inside the same app. Its division of labour with general-purpose chains lies in account acquisition and consensus participation, one through in-app signup and the other through security circles and daily confirmation. On 8 October 2026 it partnered with Open Standard on OUSD settlement for in-app payments and rewards.
Pi Network was launched on March 14, 2019, by a Stanford-affiliated team, introducing a mobile-first mining model that allowed anyone to mine cryptocurrency for free. In December 2021, it entered the Enclosed Mainnet, enabling KYC verification and initial Mainnet migrations, which laid the foundation for its ecosystem. On February 20, 2025, Pi Network transitioned to Open Mainnet, removing the firewall, enabling external connectivity, exchange trading, and real-world payment use cases. These milestones reflect the project's evolution from user acquisition to ecosystem maturity, marking its long-term significance in the blockchain space.
Upgrade and partnership: Protocol 28 activated on October 16 after a node upgrade deadline of October 13, adding batch smart-contract upgrades. On October 8 Pi partnered with Open Standard to explore OUSD stablecoin integration and a Pioneer rewards program.
Price: PI traded at $0.0805 on October 16 with a market cap near $926 million, 97% below its February 2025 high of $2.99, and has stayed under $0.10 since July. The first Pi Ecosystem Summit runs online November 17-19.
On Pi Day, 14 March 2026, Pi App Studio apps gained mainnet functionality. Protocol 23 went live on 18 May, bringing smart contracts, real-world asset tokenization and the AI App Studio. On 16 and 17 October Protocol 28 activated on mainnet after node operators upgraded, adding batch smart-contract upgrades and better handling of delayed transactions.
Second migrations opened in batches from Pi Day, moving referral bonus balances to mainnet as well, with more than 119,000 users completed, and the network reports 16 million migrated Pioneers. On 8 October the team said it is exploring the Open Standard alliance's OUSD stablecoin for Pioneer rewards and ecosystem payments.
Pi Network's Future strategy and roadmap: the emphasis shifts from protocol upgrades to app and merchant adoption through Pi App Studio, .pi domains and payment tools, with stablecoin partnerships improving settlement while migration and identity verification backlogs continue to be cleared.
Nicolas Kokkalis — Co-founder & Head of Technology; PhD in computer science from Stanford, where he taught one of the university's first decentralized-application courses.
Chengdiao Fan — Co-founder & Head of Product; PhD in anthropology from Stanford.
Vincent McPhillip — Co-founder and former Head of Community; left the project in 2021.