OKX Opens Pi Network Access to Millions of US Users
OKX has made the Pi (PI) token available to compliant US users for the first time, the Pi Core Team said on May 21. The move follows Kraken's March listing and adds a second US access point, even as token unlocks and weak demand keep PI pinned near $0.15.
OKX has made the Pi (PI) token available to compliant U.S. users for the first time, the Pi Core Team said on Thursday, May 21.
The move is Pi’s second major U.S. access point in two months, following Kraken’s listing of PI on March 13.
PI still trades near $0.15, well below its March peak near $0.30, as large token unlocks and thin liquidity weigh on price.
OKX has made the Pi Network token available to compliant users in the United States for the first time, the Pi Core Team said on Thursday, May 21. The Pi Network OKX expansion adds a second major U.S. access point for the PI token, weeks after Kraken became the first major American exchange to list it.
The rollout extends a U.S. push that began on March 13, when Kraken opened spot trading in PI to American users. Pi had traded on global venues, including OKX, Bitget, Gate, and HTX, since its mainnet launched in February 2025, though top-tier U.S. access remained limited until this spring.
In a post on X, the Pi Core Team framed the listing as a fresh gateway for U.S. participants.
“For the first time, OKX has made Pi available to millions of people in the US through its platform, adding another access point to the Pi ecosystem for US users,” the team said.
For the first time, OKX has made Pi available to millions of people in the US through its platform, adding another access point to the Pi ecosystem for US users.
Pi continues to expand its global network of Pioneers and partners, and strengthen ecosystem participation, utility,…
OKX ranks among the largest crypto exchanges by trading volume, and its compliant U.S. arm now gives PI holders a regulated venue alongside Kraken. The token still does not trade on Binance or Coinbase, the two platforms many holders watch most closely.
Markets met the news with restraint. PI traded near $0.15 on May 21, up roughly 2% over 24 hours and well below its March peak near $0.30. Trading volume across exchanges stayed thin.
Supply pressure helps explain the muted move. On-chain tracker PiScan recorded average daily token unlocks of about 6.52 million PI, with the largest single-day release of roughly 18.22 million tokens due on May 27. Around 1.23 million PI flowed onto centralized exchanges in the 24 hours surrounding the announcement, a pattern analysts read as continued selling intent.
The U.S. expansion follows Protocol 23, which went live on May 18 and activated smart contracts and a native on-chain exchange, turning Pi into a programmable Layer-1 blockchain. Founders Dr. Nicolas Kokkalis and Dr. Chengdiao Fan also appeared at Consensus 2026 in Miami this month, the project’s most visible industry showing to date. Pi reports more than 18.1 million KYC-verified users.
Skepticism around the project has not faded. Critics point to years of development against limited real-world utility, a circulating supply of nearly 10.6 billion of a 100 billion cap, and PI’s decline of more than 90% from its all-time high.
For now, the Pi Network OKX listing widens the token’s U.S. footprint without settling the central question facing the project. Whether Protocol 23’s new tools can turn one of crypto’s largest communities into an on-chain demand strong enough to absorb steady unlocks will shape PI’s next chapter.
Editorial Note:This news article has been written with assistance from AI. Edited & fact-checked by the Editorial Team.
Mila is an experienced writer who started her career covering fintech and digital payments before falling in love with the philosophy of Web3. At CIM, she covers DeFi, tokenization, and the shift toward open financial systems.
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