Pi Network Launches Its Own Crypto Exchange to Stop Price Manipulation
Pi Network Takes Control: Launching Its Own Crypto Exchange to Stop Price Manipulation
The Pi Network community is taking a bold step to protect Pi Coin’s value from external interference by developing its own decentralized exchange (DEX) called PiDaoSwap. This initiative aims to create a fair and transparent trading environment where Pi Coin’s price is determined solely by real market demand and supply, rather than being influenced by centralized exchanges or manipulated by third-party platforms.
For years, Pi Network supporters have raised concerns about price distortions on external exchanges and price-tracking platforms. Many claim that bots, fake trading data, and artificial market activity have misrepresented Pi Coin’s true value, discouraging adoption and frustrating investors. With PiDaoSwap, the community hopes to eliminate these issues and establish an authentic price discovery system controlled by actual users, not external forces.
Why Is Pi Network Building Its Own Exchange?
Pi Coin has gained massive popularity among its global user base, but its market value has faced major challenges due to external factors. While many cryptocurrencies can be freely traded on centralized exchanges like Binance, Coinbase, and Kraken, Pi Coin remains largely unlisted on major platforms. This lack of mainstream trading options has forced Pi Coin holders to rely on smaller, less regulated exchanges, where price manipulation, artificial inflation, and bot-driven trading activities are reportedly common.
A recent investigation by BeInCrypto revealed suspicious trading activities affecting Pi Coin’s value on CoinMarketCap and other price-tracking sites. These findings intensified concerns within the Pi Network community, pushing them to take matters into their own hands.
By launching PiDaoSwap, the community aims to:
✅ Eliminate dependency on centralized exchanges that manipulate prices.
✅ Ensure transparent and fair price discovery through decentralized trading.
✅ Empower the community by giving Pi Coin holders direct control over trading.
✅ Strengthen Pi Coin’s credibility as a legitimate digital asset.
How Will PiDaoSwap Work?
PiDaoSwap is being designed as a fully decentralized exchange that allows users to trade Pi Coin peer-to-peer, without interference from external exchanges or intermediaries. Unlike traditional exchanges that control liquidity, set fees, and execute trades through centralized servers, PiDaoSwap will be powered by smart contracts on the Pi Network mainnet.
Key Features of PiDaoSwap:
🔹 Decentralized Trading – Users can buy and sell Pi Coin directly with each other without relying on centralized platforms.
🔹 Fair Price Discovery – Market value will be determined by real supply and demand, not manipulated prices from external exchanges.
🔹 Community-Controlled Governance – PiDaoSwap will be operated by the Pi community, ensuring that decisions align with the network’s vision.
🔹 Enhanced Security – Unlike centralized exchanges that are vulnerable to hacking and fraud, PiDaoSwap will run on blockchain-based smart contracts to increase safety.
Currently, PiDaoSwap is in its final stages of development, awaiting Know Your Business (KYB) approval from the Pi Core Team. Once approved, it will officially launch on the Pi Network mainnet.
Challenges and Controversies Surrounding PiDaoSwap
Despite growing excitement around PiDaoSwap, the project faces some major hurdles before its official launch.
1️⃣ Regulatory Hurdles: Since Pi Coin is not yet widely listed, there are uncertainties about how regulators will view this community-led trading platform.
2️⃣ Branding Conflicts: The Pi Network Core Team enforces strict rules on intellectual property usage. The PiDaoSwap team has been asked to clarify whether their name and domain comply with these policies, meaning they may need to rebrand before launch.
3️⃣ Skepticism from the Crypto Community: Some critics argue that a decentralized exchange alone may not be enough to fix Pi Coin’s price instability, especially without official listing on major exchanges like Binance.
What This Means for Pi Coin Holders
If PiDaoSwap succeeds, it could become a game-changer for the Pi Network ecosystem. By breaking free from external control, Pi Coin holders will finally have a trusted platform where they can trade with confidence.
🔹 No more reliance on centralized exchanges that manipulate prices
🔹 A transparent, community-driven trading system
🔹 More credibility for Pi Coin in the global crypto market
Despite the regulatory challenges and branding concerns, the Pi Network community remains determined to see PiDaoSwap go live. If successful, it could mark a new era for Pi Coin, proving that true decentralization and self-regulated markets are possible—even in a world where traditional financial institutions dominate.