Pi Network Futures Land on Kraken—Brace for Volatility

Kraken just added Pi Network futures—and traders are eyeing the charts like hawks. Will this long-awaited listing trigger the mother of all price swings?

Here’s the deal: Pi’s ’mobile-mined’ token finally gets its big exchange moment. But with zero track record on major platforms, the market’s either about to discover fair value... or implode spectacularly.

Pro tip: Watch the order book depth. Thin liquidity plus crypto degens equals premium meme-fueled chaos. Just don’t blame us when your leverage gets rekt chasing 1000x dreams.

Closing thought: If this ends with another ’wen mainnet’ Twitter meltdown, even the Bitcoin maxis will shed a tear. For the drama, not the losses—this is crypto, after all.

TLDR

• Kraken has listed perpetual futures for Pi Network’s native token PI.
• The futures allow traders to take long or short positions with up to 20x leverage.
• PI’s listing on Kraken marks its first appearance on a major derivatives platform.
• Traders can use over 40 types of collateral across more than 360 markets on Kraken Pro.
• The listing enables speculation on PI without needing to hold the actual token.

Kraken has launched perpetual futures for Pi Network’s native token, PI, marking a major step into the derivatives market. This listing allows market participants to trade the token without directly owning it. The MOVE introduces new strategies, as PI becomes available on a high-volume platform despite lacking top-tier spot listings.

Kraken Adds Leverage and Derivative Access to Pi Network

Kraken Pro now offers perpetual futures for Pi Network, enabling users to access 20x leverage on Pi Price movements. The contracts carry no expiration and settle based on ongoing market activity, using over 40 collateral options. This setup allows users to apply both long and short strategies depending on their expectations for PI’s performance.

$PI @PiCoreTeam perpetual futures now live with up to 20x leverage 🔥

Why choose Kraken Pro futures:

☑️ 40+ collateral options
☑️ 360+ markets

Open Pi perp 👇 https://t.co/NHHpKobugb

*geo restrictions apply pic.twitter.com/aiJrJRbxW4

— Kraken Pro (@krakenpro) May 23, 2025

With access across 360 markets, traders gain flexible exposure to PI Network, increasing its global trading reach. This inclusion helps bridge the gap for those unable to trade PI on spot platforms like Binance or Coinbase. At the same time, perpetual futures give users an alternative method to express their outlook on the token.

The feature arrives as Pi Network struggles with volatility, making derivatives a timely addition for speculative strategies. Market participants may utilize these contracts to manage risk or to capture profits from short-term price changes. This shift enhances market participation and may drive additional interest in the network.

Increased Volatility and Bearish Pressure on Pi Network

Pi Network recently faced a 10% price decline after touching $1.57, underperforming during a broader market upswing. The new futures listing introduces leverage, which may intensify upward and downward price movements. This mechanism could magnify gains and losses, depending on short-term sentiment shifts.

Concerns remain around the project’s decentralization, as its Core team still holds 60% of Pi Network’s token supply. Additionally, a heavy concentration of node operators in Vietnam has raised further questions about network stability. Regulatory pressures in the region may continue to impact perception and performance.

With live derivatives, bearish participants can open short positions, potentially applying more downside momentum to Pi Network. Price swings could trigger liquidations on either side, leading to sudden surges or crashes. Consequently, perpetual futures could contribute to heightened market turbulence in the short term.

Despite lacking spot listings on major exchanges, Pi Network now gains broader market visibility through this derivative offering. Kraken‘s move allows more trading options, but uncertainty remains due to PI’s weak spot price performance and centralization issues. However, the futures listing still introduces significant liquidity into the Pi Network ecosystem.

This increased activity could stabilize price fluctuations and improve market depth over time. Monitoring open interest and funding rates on PI contracts will remain essential for tracking directional sentiment. As a result, Kraken’s support may shape a new phase for Pi Network in the digital asset market.