CoinW launches the first PI perpetual contract on the entire network, with the highest leverage enabling trading flexibility

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ODAILY
02-17
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As blockchain technology evolves and the cryptocurrency market diversifies, the emerging project Pi Network (Pi Coin) is gradually becoming the focus of the industry, thanks to its unique "mobile mining" model and inclusive finance vision.

The globally renowned cryptocurrency exchange CoinW has announced that it will launch the PI perpetual contract on its Innovative Zone on February 20, 2025, at 16:00 (UTC+8), supporting the highest leverage ratio in the network, providing traders with more competitive derivative tools.

Pi Network: The Disruptor of Low-Threshold Mining

Pi Network, founded by a Stanford University team in 2019, has quickly accumulated 18 million global active users, with 8 million users having completed the mainnet migration, by simplifying the mining process (only requiring a mobile phone).

Its technical architecture adopts the Stellar consensus protocol, combining a layered node design and a dynamic weight allocation mechanism, ensuring decentralization while reducing energy consumption to 0.01% of the Bitcoin network.

The project's ecosystem development has also made significant progress:

  • Cross-border Payments: Over 50 remittance service providers in Southeast Asia have integrated Pi Coin, reducing fees by 80% compared to traditional channels;
  • Physical Consumption: More than 200 offline merchants in Taiwan and Vietnam support Pi Coin payments, covering scenarios such as catering and retail;
  • Developer Ecosystem: The closed mainnet has deployed 83 DApps, including the decentralized lending platform PiDeFi (TVL over 1.2 million π) and the digital art market PiNFTs (with a single artwork selling for $7,600).

The mainnet "Open Network" plan is scheduled to be fully opened in Q1 2025, subject to the conditions of 10 million user migration, 100 ecosystem applications deployment, and technical stability testing. The current progress indicates that after the mainnet launch, the PI token will officially enter the compliant exchange market, providing critical support for its value discovery.

CoinW Launches PI Contract: Highest Leverage to Boost Trading Efficiency

CoinW's launch of the PI contract not only provides traders with high-leverage tools but also ensures a smooth trading experience through a comprehensive risk control system and liquidity pool. As an industry-leading trading platform, CoinW's launch of the PI perpetual contract aims to provide investors with more flexible risk management tools. Its core advantages include:

1. Highest Leverage Ratio: The specific leverage ratio will be announced before the launch, expected to be significantly higher than similar platforms, meeting the needs of high-frequency trading and arbitrage strategies;

2. Low-Threshold Participation: The contract is located in the Innovative Zone, supporting small-scale capital trials, and providing clear position level explanations;

3. Exclusive Incentives for New Users: Starting today, users who register and trade after the contract launch can receive a random 10-200 USDT PI bonus, reducing initial trading costs.

Based on historical market data, similar projects have seen an average token price increase of 320% within 30 days of mainnet launch (such as Helium and Chia), but high volatility also comes with the risk of corrections. CoinW's high-leverage product design helps traders capture bidirectional opportunities in bull and bear cycles.

The independent platform CoinCodex predicts that PI's annual price range will be $37.42-$305.86, while institutions like InvestingCube estimate a conservative valuation of $1-$1.5, highlighting the market's divergent views on its potential and reminding investors to carefully assess the risks.

Conclusion

CoinW's pioneering support for the PI launch strongly promotes the large-scale adoption and improvement of blockchain technology globally, and the launch of the contract trading product in the Innovative Zone allows ordinary users to amplify their returns in the market.

CoinW is taking the lead, with the PI contract being the first to launch on the network, and the highest leverage - on February 20, 2025, at 16:00 (UTC+8), CoinW and global users will witness a new stage of the Pi Network ecosystem value release.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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