Pi Network Mainnet launch countdown! BTC test coin is online, DEX tools are fully ready.

The activity of Pi Network's Testnet has significantly increased. As developers intensify experiments ahead of the expected Mainnet launch on November 22, new Testnet tokens, liquidity pools, and early Decentralized Exchange (DEX) tools have emerged. Recently, several new Testnet tokens have emerged, including LatinChain, BTC test token, CYBER, Archimedes, and ShrimpSwap.

Testnet Token Explosion, LatinChain and BTC Test Coin Go Live

(Source: Pi Wallet)

Recently, multiple new Pi Network Testnet Tokens have emerged, including LatinChain, BTC Test Token, CYBER, Archimedes, and ShrimpSwap. Although these tokens operate on a simulated Test-Pi platform, they allow developers to test real Decentralization Exchange (DEX) mechanisms, price discovery, and liquidity management. These tests are crucial for ensuring system stability after the Mainnet launch.

LatinChain has recently launched on the Testnet DEX of Pi Browser and has its own liquidity pool. The token currently has a small circulation and possesses basic market indicators. All of this is designed for development and performance testing. Community members have noted that many Testnet tokens can now interact smoothly with the Pi Browser tools, reflecting improvements in the Testnet environment.

At the same time, external developers have also started issuing BTC test tokens. This marks the first time external teams have deployed assets to the Pi Network ecosystem. This shows the growing interest of a wider range of Web3 developers in the Pi Network. These experiments are significant as they demonstrate how decentralized applications will operate on the Pi Network Mainnet once true liquidity is available.

The surge in Testnet deployments stems from a series of upgrades released in October. These upgrades unlocked more features for developers and allowed for broader testing of smart contracts based on the Pi Network. Developers launched new Testnet Tokens to verify the reliability of their code in a secure testing environment, avoiding critical vulnerabilities after going live on the Mainnet.

Pi Network Testnet newly launched Token

LatinChain: has been launched on Pi Browser DEX, with an independent liquidity pool.

BTC Testnet Token: Issued by external developers, the first unofficial asset deployment.

CYBER, Archimedes, ShrimpSwap: Multiple community-driven test tokens launched simultaneously.

The surge of this Testnet activity indicates that the developer community of the Pi Network ecosystem is growing rapidly. When a blockchain platform attracts a large number of developers, it often marks the beginning of a phase of rapid development. Successful blockchain platforms like Ethereum and Solana have experienced similar influx phases of developers, which were followed by an explosion of applications and skyrocketing prices.

DEX tool ready, Mainnet trading environment debugging completed

With developers simulating trading activities, the Testnet DEX tools are becoming increasingly active. Data shared by community members shows that the trading interface, liquidity pool, and contract deployment are all ready, simulating a complete decentralized exchange environment. This testing phase is particularly important as the Pi Network core team is preparing to officially launch the PiCoin DEX.

The number of Testnet DEX tools and smart contract activities is increasing, which helps debug the environment for the official launch of PiCoin DEX. People familiar with the ecosystem indicate that early community-led testing helps identify vulnerabilities, including optimizing the user interface, and assists developers in preparing for the transition to real Mainnet tools. These activities also reflect the community's desire to understand how Pi Network assets will circulate in various DeFi tools once the ecosystem is fully open.

DEX is the core infrastructure of decentralized finance (DeFi), allowing users to trade tokens directly without the need for a centralized exchange. The launch of its own DEX tools by Pi Network means that its ecosystem will have complete financial functionality, enabling users to trade on-chain, provide liquidity to earn fees, and participate in various DeFi protocols. This completeness is a key factor for the success of a blockchain platform.

From a technical perspective, thorough testing during the testnet phase can significantly reduce the risks associated with the mainnet launch. Historically, many blockchain projects have encountered severe vulnerabilities after the mainnet launch due to insufficient testing, resulting in user fund losses. Pi Network conducts large-scale DEX tool testing on the testnet to identify and fix potential security vulnerabilities and performance issues without involving real funds.

This type of testing also provides a reference for future application development. When developers see other teams successfully deploying DEX tools on the Testnet, they will be more confident in developing their own applications on the Pi Network. This demonstration effect will attract more developers to join the Pi Network ecosystem, creating a positive cycle.

Mainnet migration breaks 8.3 billion, major unlock approaching on November 22

In addition to the Testnet experiments, the migration data of Pi Network also shows stable growth. From 9:32 AM yesterday to 9:22 AM today, approximately 765,280 Pi Tokens have officially migrated to the Mainnet. Therefore, according to the latest blockchain explorer data, the circulating supply of Pi Tokens has exceeded 8.31 billion. The circulating supply on the Mainnet is growing, with over 8.31 billion π migrated before the next major unlock on November 22.

As more users complete KYC verification and prepare for the Mainnet launch, the migration speed has been increasing for several consecutive weeks. On November 22, 145.7 million Pi Tokens will be unlocked, marking one of the most important phases for Pi Network since its inception. This unlock will increase the circulating supply by approximately 1.8%, representing one of the larger unlocks since the Mainnet launch.

The average daily migration volume exceeding 760,000 Pi tokens shows that user participation in the Mainnet is increasing. KYC certification is a necessary condition for migration to the Mainnet, and this process was relatively slow in the early stages. However, with the launch of the AI-driven KYC platform by Pi Network, the verification speed has increased significantly. The AI platform can automatically identify identity documents, verify faces, and complete the manual review process that used to take days in just a few minutes.

The unlocking on November 22 will be a key moment in the development of the Pi Network. The unlocking of 145.7 million Pi Tokens, although only a small part of the total circulation, is significant as it is the first major unlocking after the Mainnet launch. The market will closely monitor the price performance and selling pressure following the unlocking, which will provide a reference for larger-scale unlockings in the future.

The community is building strength before the Mainnet launch

Overall, the activity level of the Testnet reflects the growing enthusiasm of the entire ecosystem. Developers are accelerating experiments, community leaders are sharing the latest updates daily, and users are witnessing the rise in migration numbers. Therefore, as the Mainnet is about to go live, many view this wave of innovation on the Testnet as a rehearsal for the future development direction of the Pi Network's complete ecosystem.

Signs of the community building momentum before the Mainnet launch are everywhere. The daily active users of Pi Browser continue to grow, discussions in the official Discord and Telegram groups have reached historic highs, while technical discussions and code submissions on the developer forum are also increasing exponentially. This multidimensional activity indicates that Pi Network is not just a speculative Token, but is actively establishing a real developer ecosystem and user community.