Pi Network Launches $Pi DEX and AMM on Testnet for DeFi Access

Pi Network has officially stepped into the decentralized finance (DeFi) space with the launch of its $Pi DEX and AMM functionalities on Testnet. The announcement came directly from Pi Founder Dr. Chengdiao Fan during her keynote at TOKEN2049. These features allow developers and Pioneers to experiment with token swaps, liquidity pools and other DeFi tools safely before Mainnet deployment. The move reflects Pi Network ongoing commitment to building a utility focused ecosystem and educating its community about DeFi.

Testing the DeFi Waters

The Pi DEX (decentralized exchange) and AMM (automated market maker) liquidity pools are now live on Testnet. Users can interact with Test-Pi tokens to simulate real-world DeFi operations. This setup ensures that all experimentation remains risk-free. As Test-Pi tokens have no value outside the Testnet environment. The Pi Wallet interface has been updated to show DEX and AMM options, linking users directly to Testnet. 

Developers can also build their own DEX or AMM interfaces on top of Pi’s protocol. This hands on experience allows the community to learn about swaps. Adding or removing liquidity and observing how decentralized mechanisms function in practice. By rolling out these features in a controlled environment. Pi Network hopes to increase financial literacy among Pioneers and prepare the ecosystem for safe, practical DeFi adoption on Mainnet.

Token Creation and Utility

A key prerequisite for the DEX and AMM is token creation. On Testnet, developers can mint test tokens to use in liquidity pools and DeFi experiments. Token creation on Mainnet will follow stricter rules to encourage real utility, sustainable supply and meaningful distribution. Dr. Fan emphasized that these tokens are designed to support real use cases rather than speculative trends. 

Unlike many memecoins, Pi Network tokens are intended to power apps, in-system functions and community services. This approach encourages developers to focus on building functional applications rather than creating hype-based incentives. By giving developers the tools to test token mechanics safely. Pi Network ensures that new tokens are grounded in genuine utility before they reach Mainnet.

Building on Pi’s Infrastructure

Pi Network robust ecosystem supports these new DeFi features. Verified Pioneers provide a trusted audience for testing token distribution. Developers can leverage existing tools such as Pi Wallet, .pi Domains, Pi Ad Network, and the Ecosystem Directory Staking feature to manage tokens effectively and build sustainable models. Additionally, the Pi App Studio enables even non-technical Pioneers to create AI-powered apps and integrate their tokens. By connecting tokens with practical apps or community initiatives. The network strengthens its overall utility and fosters broader engagement.

Empowering Web3 and DeFi Education

By launching DEX, AMM and token creation on Testnet, Pi Network is providing a structured, educational path into DeFi. Pioneers can explore DeFi concepts safely while developers experiment with new functionalities. This initiative also strengthens the Pi ecosystem, enhancing transparency, decentralization and practical utility. With these features, Pi Network is not only expanding its blockchain capabilities. But also preparing its global community for the next phase of Web3 innovation. The Testnet launch marks a major step in Pi’s vision to combine utility driven tokens, accessible DeFi and a thriving developer ecosystem. It is setting the stage for future Mainnet deployments and real-world applications.