Pi Network (also known as Pi Coin), the world's largest mobile blockchain platform with over 60 million active users, today announced the deployment of DeFi infrastructure on its testnet. The launch includes a decentralized exchange (DEX), automated market maker (AMM) liquidity pools, and token creation capabilities.

Pi Network founder Dr. Chengdiao Fan announced these new features at the TOKEN 2049 conference in Singapore, providing developers and community members with access to core DeFi functionality. The testnet deployment allows users to use Test-Pi to experience token swaps, liquidity provision, and decentralized trading in a secure environment.

A practicality-first approach to DeFi

Unlike speculative token platforms, Pi Network emphasizes utility creation over speculation. Token creation requires developers to demonstrate real-world use cases and sustainable business models, which distinguishes the Pi ecosystem from platforms driven by meme coins.

With tens of millions of users verified through Pi's KYC system, the platform provides unprecedented opportunities for developers and provides DeFi education for ordinary users. The testnet serves as a learning platform, allowing users to gain practical experience in decentralized finance before participating in the mainnet.

Comprehensive infrastructure support

Pi Network's existing ecosystem provides strong support for new features, including the Pi Wallet for DEX integration, Pi KYC for verified participation, .pi domains, the Pi Ad Network, and ecosystem directory staking capabilities. The platform's AI-powered Pi App Studio allows even non-technical users to create applications with integrated token functionality.

After verification on the testnet, successful features will be migrated to the mainnet. This prudent approach reflects Pi Network's commitment to sustainable growth and user protection while building a fully decentralized financial ecosystem.