OKX Introduces PI/USDC Pair—Will It Boost Liquidity or Fuel Further Decline?

OKX, a leading cryptocurrency exchange, has introduced a new USDC trading pair for Pi Network’s Pi Coin (PI), marking a significant expansion of its market liquidity.

The move comes as the price and trading volume of Pi continue to decline. This reflects the ongoing market challenges and uncertainty surrounding the project. 

OKX Introduces Pi Coin’s New USDC Pair Amid Falling Market Interest 

It is worth noting that OKX was the first exchange to list Pi Coin shortly after its Open Network launch. The exchange also dominates the coin’s daily trading volume.

Data from CoinMarketCap showed that PI’s trading volume was $54 million at press time, of which 37.2% originated from OKX. Furthermore, on August 21, the exchange introduced the PI/USDC trading pair. 

The move aims to enhance Pi’s trading opportunities and boost liquidity. It has also amplified optimism among the Pi network community, or Pioneers.

“This new pair brings higher liquidity, higher adoption, and stronger growth to the Pi ecosystem!” a user wrote.