Pi Network DeFi Era Begins as DEX Adds Liquidity Pools

The next phase of the Pi Network ecosystem may already be taking shape. New screenshots shared by community members show that Pi DEX has activated token management, liquidity pool creation and liquidity pool functionality. The PI token now appearing in the platform’s asset list. While the features remain in an early stage, many users see the update as one of the clearest signals yet. That decentralized finance is moving closer to reality within the Pi ecosystem.

The development comes at a crucial time for Pi Network news today. The project prepares for its mandatory Protocol 25 upgrade deadline on June 18. While continuing to expand ecosystem tools and applications.

Pi DEX Shows Signs of DeFi Infrastructure

According to screenshots circulating across the community, users can now access liquidity pool creation tools within Pi DEX. The interface allows token selection and pool setup, although public liquidity pools are not yet available.

The appearance of PI in the asset selection menu suggests that much of the underlying framework may already be in place. Community members believe the update lays the foundation for several future ecosystem features, including:

• Decentralized token trading
• Liquidity pools
• Ecosystem token launches
• Automated market maker (AMM) functionality
• Future DeFi applications

If fully implemented, these tools could significantly expand utility across the Pi Network ecosystem. It creates new ways for users to interact with digital assets beyond simple transfers.

Launchpad and Ecosystem Development Continue

The DEX progress follows several recent ecosystem initiatives launched by the Pi Core Team. Earlier this month, Pi introduced the SLICE test token through its Launchpad platform. This allows users to test new participation mechanics ahead of future Mainnet ecosystem token launches.

At the same time, ecosystem activity continues to grow. CiDi Games recently announced two new games, Color Burst and Mahjong Pop. While reporting that more than 6 million PI tokens have been staked into its platform. These developments suggest that Pi’s strategy remains focused on building real utility and engagement before introducing broader Mainnet features.

Protocol 25 Upgrade Deadline Approaches

The DEX update arrives just days before a major technical milestone. Pi Network has set June 18 as the deadline for Mainnet nodes to upgrade to Protocol 25. Nodes that fail to complete the upgrade risk being disconnected from the network.

The upgrade introduces compatibility with Stellar Core v20 and prepares the network for future Soroban smart contract functionality. Although Protocol 25 is primarily an infrastructure update. Many developers view it as a necessary step toward supporting more advanced decentralized applications and DeFi services.

What It Means for Developers and Investors

For developers, the combination of Protocol 25, smart contract preparation and emerging DEX functionality creates new opportunities to build applications directly within the Pi ecosystem. Future liquidity pools, token launches and decentralized finance tools could provide additional use cases for developers looking to create products on the network.

Pi Network Price Chart (USD) on June 15, 2026. Source: CoinMarketCap

However, for investors, utility growth remains only one side of the equation. Current Pi Network price 2026 discussions continue to focus on token unlocks. More than 130 million PI are expected to enter circulation over the next month, creating ongoing supply pressure.

At the time of writing, PI trades near $0.134. While ecosystem progress may improve long-term fundamentals. Market participants continue watching whether growing adoption can offset the impact of daily token releases. As the June 18 upgrade approaches, the coming weeks could provide important clues about whether the Pi Network ecosystem is finally entering its long-anticipated DeFi era.