Pi Network Testnet DEX Key Upgrade: A Complete Shift to Pi-Quoted Liquidity — What Does It Mean for the Ecosystem?

Pi Network recently made a significant structural adjustment to its testnet decentralized exchange (DEX), migrating from the original multi-token liquidity pools to Pi-denominated liquidity trading pairs. The core goal of this update is to concentrate on-chain liquidity within Pi itself, reducing the fragmentation caused by different token pairs, thereby enhancing overall trading efficiency and stability. This change has become one of the most notable technical developments in recent Pi Network news.

Under the new architecture, most exchange activities on the testnet DEX are completed using Pi as the base asset, eliminating the need for path conversions through multiple intermediary tokens. Community developers point out that this design is closer to the mainstream asset anchoring models common in mature DeFi markets, which helps form deeper liquidity pools and effectively reduces trading slippage. Previously, low-volume pools could amplify price volatility, but this adjustment improves trade execution quality in the testnet environment.

It is worth noting that this upgrade occurred after several network stress tests, including the token unlock event on December 25. Despite the unlock activity, no significant price disturbances were observed in the testnet, further reflecting that Pi Network is currently more focused on infrastructure efficiency rather than short-term scale expansion. This prudent approach also provides clearer reference points for external analysis of Pi’s price signals in the testing environment.

Additionally, Pi Network has enabled a new feature that allows access to mainnet wallets without token migration. Users can interact directly with mainnet applications even if their assets are still on the testnet, significantly lowering the barrier to dApp usage. This change helps improve user experience and accelerates testing and iteration by developers in the mainnet environment. Currently, over 15.7 million users have completed mainnet verification, laying a foundation for ecosystem expansion.

On the compliance front, Pi Network’s parent company, SocialChain Inc., has also completed registration under the EU GDPR legal representative framework, providing clearer legal positioning for its operations in the European market. Overall, the DEX architecture upgrade, wallet access optimization, and progress in compliance demonstrate that Pi Network is steadily transitioning toward a more mature network stage. While progress on the testnet does not directly equate to changes in Pi’s value, these underlying upgrades could have a profound impact on the future mainnet ecosystem and market performance.