With the iteration of blockchain technology and the diversified development of the cryptocurrency market, the emerging project Pi Network is gradually becoming the focus of the industry with its unique mobile mining model and inclusive financial vision.
CoinW, a world-renowned cryptocurrency exchange, announced that it will launch the PI U-based perpetual contract for the first time on the Innovation Zone at 16:00 (UTC+8) on February 20, 2025, and support the highest leverage multiple in the entire network, providing traders with more competitive derivative tools.
Pi Network: A game-changer in low-threshold mining
Founded in 2019 by a team from Stanford University, Pi Network has quickly accumulated 18 million active users worldwide by simplifying the mining process (only a mobile phone is required to participate), of which 8 million users have completed the mainnet migration.
Its technical architecture adopts the Stellar Consensus Protocol (SCP), combined with a layered node design and a dynamic weight distribution mechanism, which reduces energy consumption to 0.01% of the Bitcoin network while ensuring decentralization.
The projects ecological construction has also made significant progress:
Cross-border payments: More than 50 remittance service providers in Southeast Asia have access to Pi coins, and the handling fee is 80% lower than traditional channels;
Physical consumption: More than 200 offline merchants in Taiwan, Vietnam and other places support Pi coin payment, covering catering, retail and other scenarios;
Developer ecosystem: 83 DApps have been deployed on the closed mainnet, including the decentralized lending platform PiDeFi (TVL exceeds 12 million π) and the digital art market PiNFTs (single work sold for US$7,600).
The main network Open Network is planned to be fully open in Q1 2025, and must meet three conditions: 10 million user migration, 100 ecological application deployment and technical stability testing. The current progress shows that after the main network is launched, PI tokens will officially enter the circulation of compliant exchanges, providing key support for its value discovery.
CoinW launches the first PI contract: the highest leverage in the entire network to leverage transaction efficiency
CoinWs launch of the PI contract not only provides traders with high leverage tools, but also guarantees trading experience through a complete risk control system and liquidity pool. As an industry-leading trading platform, CoinWs launch of the PI perpetual contract aims to provide investors with more flexible risk management tools. Its core advantages include:
1. The highest leverage ratio in the entire network: The specific ratio will be announced before the launch, and is expected to be significantly higher than similar platforms to meet the needs of high-frequency trading and arbitrage strategies;
2. Low threshold for participation: The contract is located in the innovation zone, which supports small amount of funds for trial, and provides clear position level description;
3. Exclusive incentives for new users: Register now and trade after the contract is launched to receive 10-200 USDT random PI bonuses to reduce initial transaction costs.
According to historical market data, the average token price of similar projects has increased by 320% within 30 days after the mainnet launch (such as Helium and Chia), but high volatility is also accompanied by callback risks. CoinW helps traders capture two-way opportunities in the bull and bear cycles through high-leverage product design.
Independent platform CoinCodex predicts that PI will fluctuate between $37.42 and $305.86 this year, while institutions such as InvestingCube believe that the conservative valuation is between $1 and $1.5. The differentiated forecast results highlight the markets disagreement on its potential and also remind investors to carefully assess risks.
Conclusion
CoinW is the first to support the launch of PI, which will effectively promote the large-scale popularization and improvement of blockchain technology around the world. In addition, the contract trading products will be launched in the Innovation Zone this time, so ordinary users can magnify their own profits in the market.
CoinW is the first to launch the PI contract on the entire network, with the highest leverage on the entire network. On February 20, 2025 at 16:00 (UTC+8), CoinW and global users will witness the new stage of the release of Pi Networks ecological value.