OKX, a serious cryptocurrency change, has launched a brand new USDC buying and selling pair to PI Cash (PI) on the PI community, indicating a big enhance in market liquidity.
This transfer is as a result of continued decline in PI costs and buying and selling volumes. This displays the continued market challenges and uncertainties surrounding the challenge.
OKX introduces Pi Coin’s new USDC pair
It’s value noting that OKX was the primary change to record Pi Coin shortly after the launch of the Open Community. Exchanges additionally dominate the each day buying and selling quantity of cash.
CoinmarketCap information confirmed that PI commerce quantity was $54 million at press, of which 37.2% got here from OKX. Moreover, on August twenty first, Change launched a PI/USDC buying and selling pair.
The transfer goals to boost buying and selling alternatives for PIs and enhance liquidity. It additionally amplified optimism among the many PI community group, or among the many pioneers.
“This new pair will convey greater liquidity, greater adoption and stronger progress to the PI ecosystem!” wrote the person.
New information up to date $pi
@picoleteam @nkokkalis @chengdiao @okx (okx) added PI/USDC buying and selling pairs in addition to PI/USDT.
Be affected person, after open supply, there are sensible contracts and defi.
– hearth | PiÏ€ (@fireside_pi) August 21, 2025
Nevertheless, this launch coincides with troubling market traits in PI networks. In keeping with CoinmarketCap, PI buying and selling volumes plummeted sharply, falling from $18 billion in March to $2.6 billion in July.
PI COIN Month-to-month buying and selling quantity. Supply: Information curated by Beincrypto
This 85% discount displays a decline in investor curiosity. Moreover, this development has been exacerbated by a 50% enhance in change reserves since March. Beincrypto beforehand reported that its reserves reached PI 409 million in August.
The most recent launch of the Pi Hackathon 2025 community has not overturned this momentum. In actual fact, the occasion has attracted a variety of criticism from the group.
Moreover, Beincrypto highlighted that Pi’s social domination grew to become decrease every week. It displays the decline in visibility or recognition of a challenge on social media and on-line platforms.
Nevertheless, vital drops are associated to cost. Even inside the wider bull run, Pi could not acquire momentum. Altcoin is simply 7.7% off the all-time low of $0.33 recorded on August sixth.
On the time of writing, Pi Coin was buying and selling at $0.36, a 0.9% decline up to now day. If the present downward development continues, the PI could return to ATL and even decrease.
Efficiency at PI coin costs. Supply: Beincrypto Markets
Particularly, new USDC pairs provide extra fluidity channels, however can incorrectly amplify these challenges. Pioneers and traders needed the pairing to draw recent capital and stabilize costs, however the present market dynamics recommend that this isn’t the case.
With out a corresponding enhance in demand, the pair dangers that PIs turn into one other technique of withdrawing the market, turning strategic strikes into potential duty.
OKX put up introduces a PI/USDC pair. Does it promote additional decline in fluidity and gas? It first appeared in Beincrypto.
