Pi Network Builds DEX to Fight Price Manipulation

The Pi Network community is building its own decentralized exchange (DEX), called PiDaoSwap, in an effort to fight price manipulation by outside exchanges. The move aims to help Pi Coin better reflect its true market value, instead of being influenced by third-party platforms that reportedly distort its price through artificial activity.

PiDaoSwap is now in the final stages of development and is expected to launch soon on the Pi Network mainnet. According to community sources, including Pi Network VietNames, the DEX will allow the PI token to trade based on actual market supply and demand, without interference from centralized exchanges. The platform is currently waiting for Know Your Business (KYB) approval from the Pi core team before it can officially launch.

Supporters argue that some exchanges and price tracking platforms use bots and fake data to manipulate Pi’s market perception. These alleged activities have led to frustration in the Pi Network community, which claims that these distortions hurt the project’s reputation and adoption. A recent report from BeInCrypto highlighted concerns about suspicious bot activity affecting Pi’s listed value on platforms like CoinMarketCap.

Despite growing support for Pi Coin, Binance has yet to list it, further fueling community disappointment. In the meantime, PiDaoSwap has secured verification status on Twitter, showing that the project is gaining momentum even before its official launch.

However, the Pi Network team has clear rules when it comes to branding. The project’s intellectual property policy restricts the use of names and domains containing “Pi” or “Pi-related” references without permission. As a result, the developers behind PiDaoSwap may need to consider a name change or rebranding to meet those guidelines. The team has reached out to the Pi core developers to clarify whether their current naming and domain can remain or must be adjusted.

The platform’s goal is to support a more transparent and community-led financial system. By removing dependency on third-party exchanges, PiDaoSwap hopes to provide an accurate pricing system for Pi Coin and restore trust among its users.

As the launch nears, the Pi Network community remains focused on pushing forward, despite regulatory hurdles and branding restrictions. If successful, PiDaoSwap could become a key tool in preserving the integrity of Pi Coin’s value within its native ecosystem.