PI
$0.56

Pi (PI) Price

$0.56

Pi (PI) Price Today

The live price of Pi is $0.56 USD. In the past 24 hours, the trading volume of Pi was $111.7M USD, with a change of +0.76%. The current live price of Pi has changed by -13.60% from its 7-day high of $0.65 USD and by +20.57% from its 7-day low of $0.47 USD. With a circulating supply of $100,000,000,000.00 PI, the market cap of Pi is currently $4.2B USD, marking a -9.37% change in the last 24 hours. Pi currently ranks 28 by market capitalization.

Pi (PI) Market Data

Market Cap
$4.3B
24h Volume
$111.7M
Circulating Supply
100B PI
Maximum Supply
100B PI
Fully Diluted Market Cap
$56.9B
Liquidity Indicator
2.58%
About
Rate
Buy
Leaderboard
FAQ

About Pi (PI)

What Is Pi Network (PI) and How Does It Work?


Pi Network is a mobile-first cryptocurrency project that allows users to mine PI coins on their smartphones without draining battery or requiring specialized hardware. Launched in 2019 by a team of Stanford PhDs, Pi aims to make crypto accessible to everyone by enabling easy, energy-efficient mining through its mobile app.

Pi uses a unique consensus mechanism called the Stellar Federated Byzantine Agreement (FBA), which relies on user trust circles rather than traditional proof-of-work or proof-of-stake systems. Users earn PI by logging into the app daily, securing their network via “security circles,” and optionally running a Pi Node software for validation. While the network has been in an enclosed “mainnet” phase, only verified users (KYC-completed) can transfer tokens, and full open mainnet access is expected as adoption scales.

How Pi Network Works


1. Mobile Mining: Users, called “Pioneers,” earn PI by tapping daily and building trust/security circles.

2. Security Circles: Pioneers create human-verified trust circles to strengthen consensus.

3. Consensus Mechanism: Powered by a variant of Stellar FBA, enabling secure, low-energy consensus.

4. Mainnet & KYC: KYC is mandatory before migrating PI to the Mainnet and later for external transfers.

5. Enclosed → Open: Initially, PI circulated only within its ecosystem; since Feb 20, 2025, it's fully interoperable with external systems, wallets, and exchanges.

When Was Pi Network Launched?


Pi Network first launched its mobile mining app in December 2018 as an alpha prototype, and officially hit iOS and Android app stores on Pi Day, March 14, 2019, along with its initial Whitepaper. Pi Network was founded by Stanford PhDs Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, with Vincent McPhillip also contributing as a co-founder before departing in 2021. Today, the project is supported by a global core team of over 35 full-time members based in Silicon Valley, Europe, and Asia.

Pi Network Roadmap (Phased Growth)


Pi Network follows a structured, three-phase roadmap:

1. Phase I – Beta (2018–2019)
• December 2018: Alpha app released.
• March 14, 2019: Official launch and Whitepaper release.

2. Phase II – Testnet (2020)
• Began on March 14, 2020.
• Community operated nodes offline; testing of blockchain before mainnet.

3. Phase III – Mainnet (Enclosed → Open)
• Enclosed Mainnet (December 2021–Feb 2025): KYC and transferable Pi within a closed ecosystem.
• Open Mainnet (Feb 20, 2025): Pi blockchain became fully externally accessible with cross-network compatibility, external wallets, KYB-capable businesses, and node access.

Pi Network's Key Milestones & Achievements


1. KYC & Migration: Over 19 million users have completed KYC; 10.14 million have migrated their tokens to Mainnet.

2. App Ecosystem: More than 100 Mainnet-ready apps live within the Pi Browser.

3. Utility Phase: First 100 days of Open Mainnet saw .pi domain auctions, PiFest events, $100 M Pi Venture fund launch, and over 125,000 merchants joining.

What Is PI Coin Used for?


PI coin is the native cryptocurrency of the Pi Network, designed to serve as the primary medium of exchange within its decentralized ecosystem. Users can use PI to buy and sell goods and services via Pi-powered apps, make peer-to-peer transfers, pay for .pi domains, participate in ecosystem governance, and incentivize app developers, merchants, and contributors.

As of mid-2025, over 100 Mainnet-ready apps are live in the Pi Browser, where PI is used to facilitate real economic transactions. Additionally, holding and locking up PI contributes to mining rewards and boosts a user’s influence in the network.

How to Mine PI Coins on Pi Network


Mining PI coins is simple and energy-efficient, no advanced hardware or battery-intensive processes required. Here’s how to get started:

1. Download the Pi Network App from the official website or app stores (iOS and Android).

2. Create an Account using your phone number or Facebook and set a secure password.

3. Start Mining by tapping the lightning icon once every 24 hours. This activates your mining session for the next day.

4. Boost Your Mining Rate by:
• Inviting friends to join your referral team
• Forming “security circles” with trusted members
• Verifying your identity (KYC)
• Locking up PI tokens to increase trust score
• Running a Pi Node software on your desktop for network validation

Mining rate decreases as more users join, so early and consistent participation helps maximize your rewards.

What Is Pi KYC and Why Is It Necessary?


Pi KYC (Know Your Customer) is an identity verification process required for users to prove they are real individuals, not bots or duplicate accounts. It involves submitting a government-issued ID and passing a liveness check through the Pi KYC app or partnered verification providers.

KYC is essential for maintaining the integrity of the Pi Network. Only KYC-verified users can migrate their mined PI tokens to the mainnet, transfer them, or participate in the broader Pi ecosystem. It ensures fair token distribution, prevents fraud, and enables regulatory compliance as the network prepares for full public accessibility.

What Is the PI Coin Supply Model?


Pi Network’s PI coin operates on a capped supply model with a maximum of 100 billion tokens, allocated across four key categories:

1. 65% (~65 billion) for community mining rewards,

2. 10% (~10 billion) for ecosystem development and marketing,

3. 5% (~5 billion) reserved for liquidity, and

4. 20% (~20 billion) for the Pi Core Team.

This allocation grows proportionally as mining rewards migrate to the mainnet. Mining rewards follow a logarithmically declining schedule, early participants earn more, and the issuance rate decreases over. Additionally, token release to users only occurs upon completing KYC and migrating to the Mainnet, with periodic batches processed in stages, keeping a dynamic "effective supply" lower than the theoretical maximum until fully.

How to Store PI Coins Securely


The most secure and recommended way to store your PI coins is through the Pi Network mainnet wallet, which can be accessed via the Pi Browser app. Once you complete KYC and migrate your tokens to the mainnet, you’ll receive a unique wallet address and private key. This non-custodial wallet lets you send, receive, and interact with decentralized apps (dApps) within the Pi ecosystem. It's crucial to back up your 12-word passphrase securely and never share it with anyone, losing it means permanently losing access to your PI.

For added security, users can also run a Pi Node, which enhances decentralization and offers additional wallet management features on desktop. While hardware wallet integration (like Ledger or Trezor) is not yet supported as of June 2025, future updates may introduce external wallet compatibility after full open mainnet development. Until then, always use the official Pi apps and avoid third-party tools or phishing links that request your credentials.

Is Pi Network a Legitimate Project?


Pi Network is a bona fide crypto project, founded in 2019 by Stanford graduates and now boasting a vibrant community of over 60 million users and a live mainnet since February 2025. While it’s not definitively classified as a scam, the network has faced scrutiny over its centralized structure, KYC-required transactions, data privacy, and referral-heavy reward system, elements that echo pyramid-like concerns, yet it has also made substantial progress with an open mainnet, exchange listings, and active ecosystem development. Overall, PI is not an outright scam, but it remains a high-risk, early-stage project that requires cautious optimism and due diligence.

Is Pi Network (PI) a Good Investment?


Pi Network stands out for its low barrier to entry and massive global community, allowing anyone to mine PI on a smartphone without hardware costs or energy consumption. Its mobile-first model has attracted tens of millions of users, generating strong network effects that could support future adoption and liquidity. Additionally, the project is driven by a team of Stanford PhDs, with ongoing developments in its ecosystem, such as price-sensitive events like Pi2Day, new app launches, and potential AI integrations, that could catalyze real-world use and long-term value appreciation.

That said, investment in PI remains speculative due to its early-stage status. Key challenges include limited real-world utility, delayed mainnet adoption, unclear transparency in mining mechanics, regulatory uncertainty, and possible negative sentiment from large token unlocks or central coordination risks. While some bullish forecasts project high prices for PI coins under optimistic adoption scenarios, investors should weigh these upside potentials against significant liquidity, technical, and governance risks before committing.

Information source

Official WebsiteWhitepaper

Pi (PI) Price Converter

PI to USD
1 PI = $ 0.56
PI to VND
1 PI = ₫ 14,861.52
PI to EUR
1 PI = € 0.48
PI to TWD
1 PI = NT$ 16.53
PI to IDR
1 PI = Rp 9,242.76
PI to PLN
1 PI = zł 2.05
PI to UZS
1 PI = so'm 7,164.87
PI to JPY
1 PI = ￥ 82.35
PI to RUB
1 PI = ₽ 44.70
PI to TRY
1 PI = ₺ 22.71
PI to THB
1 PI = ฿ 18.55
PI to UAH
1 PI = ₴ 23.73
PI to SAR
1 PI = ر.س 2.13
Pi Price Converter

How to Buy Pi (PI)

Create & Verify Your Account
Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.
Fund Your Account
Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.
Trade Now
Now that your account is funded, you can seamlessly trade Pi PI and other cryptocurrencies while exploring BingX’s diverse trading features!
How to Buy PI Guide

Frequently Asked Questions about Pi (PI)

How much is 1 Pi (PI) worth?
What is the price prediction for Pi (PI)?
What is the all-time high price of Pi (PI)?
What is the all-time low price of Pi (PI)?
How much Pi (PI) is there in circulation?
What is the market capitalization of Pi (PI)?
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.

Crypto Fear & Greed Index

Trade

Crypto Markets

Bots

Futures Grid
Create
Total Investment (USDT)
--
Users
--
Spot Grid
Create
Total Investment (USDT)
--
Users
--
Spot Infinity Grid
Create
Total Investment (USDT)
--
Users
--
Futures Martingale
Create
Total Investment (USDT)
--
Users
--
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.