The cryptocurrency landscape continues to evolve, and one of the most anticipated developments in early 2025 is the listing of PI (Pi Network) on OKX’s spot trading markets. With its unique mobile-first mining model and a rapidly growing global community, Pi Network has captured widespread attention. Now, traders can access PI directly through one of the world’s leading digital asset platforms.
This comprehensive guide walks you through everything you need to know about the OKX PI listing, including key dates, trading rules, security measures, and what makes Pi Network a distinctive player in the blockchain space.
Key Listing Timeline
Mark your calendars—here are the critical milestones for the PI listing on OKX:
- Feb 12, 2025, 2:45 AM UTC: PI becomes visible on OKX (pre-listing phase).
- Feb 20, 2025, 7:00–8:00 AM UTC: Call auction period for PI/USDT.
- Feb 20, 2025, 8:00 AM UTC: Official launch of PI/USDT spot trading.
- Feb 21, 2025, 10:00 AM UTC: PI withdrawal functionality resumes (wallet maintenance completed).
⚠️ Note: The wallet will be under maintenance until Feb 21 to enhance security protocols. Users are advised to plan deposits and withdrawals accordingly.
How Spot Trading Will Open: Order and Price Controls
To ensure a stable and fair trading environment during the initial phase, OKX has implemented protective measures for the first minutes of PI/USDT trading.
🔒 Order Restrictions (First 5 Minutes)
During the first five minutes post-launch, the following rules apply:
- No market orders will be allowed.
- Each limit order must not exceed $10,000 in value.
- Each user’s net position must remain under $10,000 in value.
These restrictions will be automatically lifted after the initial five-minute window to allow full trading functionality.
📊 Price Limit Mechanism
If a reliable spot index is available for PI/USDT, OKX will enforce dynamic price limits to prevent extreme volatility:
First 10 minutes after listing:
- Maximum price: Index × (1 + X)
- Minimum price: Index × (1 – X)
- After 10 minutes:
The system adjusts based on real-time data, using a combination of the current index, recent average premiums, and adaptive parameters Y and Z.
🔍 Note: Values for X, Y, and Z are determined by market conditions and may vary to maintain stability.
👉 Discover how real-time trading safeguards protect your investments on OKX.
Understanding the Call Auction Mechanism
OKX will use a call auction model to determine the initial market-clearing price for PI/USDT. This process lasts one hour, from 7:00 AM to 8:00 AM UTC on Feb 20, 2025.
What Is a Call Auction?
A call auction allows users to place buy and sell orders before continuous trading begins. At the end of the auction period, all orders are matched to calculate a single indicative opening price that maximizes trade execution volume.
Key Rules During the Call Auction
- Each user’s total buy order value must not exceed $50,000.
- In the final 5 minutes, users can still submit orders—but cannot cancel or modify existing ones. This prevents last-second manipulation and promotes fairness.
After the auction concludes, OKX will display the project team’s opening price—a reference point provided by Pi Network based on their internal valuation. However, this price is for informational purposes only and does not influence actual trade execution prices.
About Pi Network: A Mobile-First Blockchain Ecosystem
Pi Network stands out in the crypto space with its innovative approach to accessibility and decentralization.
Core Features
- Social Cryptocurrency Model: Users can mine Pi directly from their smartphones without draining battery or data.
- Developer Platform: Supports dApps and smart contracts on its own blockchain.
- Real-World Utility Focus: Designed to bridge digital assets with everyday transactions.
User Adoption & Migration Progress
Pi Network has built one of the most engaged mobile-based crypto communities globally:
- Over 60 million engaged users
- More than 19 million identity-verified via Pi’s native KYC
- Over 10 million migrated to Mainnet
This level of grassroots adoption is rare in the blockchain industry and signals strong network potential.
Tokenomics Overview
- Asset Name: Pi Network
- Ticker: PI
- Circulating Supply: 6.041 billion
- Total Supply: 9.294 billion
- Maximum Supply: 100 billion
These figures reflect a long-term inflation model designed to support ecosystem growth while maintaining scarcity incentives.
👉 See how emerging blockchain projects are reshaping digital ownership in 2025.
Prepare for Trading: Deposit USDT in Advance
To participate in the PI/USDT trading launch, ensure your account is funded with USDT before Feb 20.
Here’s how:
- Log into your OKX account.
- Navigate to Wallet > Deposit.
- Select USDT and choose your preferred network (e.g., TRON, Ethereum).
- Transfer funds from your external wallet or buy USDT directly via OKX’s fiat gateway.
Having liquidity ready ensures you can act quickly when trading opens.
Frequently Asked Questions (FAQ)
Q: What is the purpose of the call auction?
A: The call auction helps establish a fair opening price by aggregating buy and sell interest before continuous trading begins. It reduces volatility and prevents price manipulation at launch.
Q: Can I withdraw PI immediately after trading starts?
A: No. PI withdrawals will only be enabled on Feb 21, 2025, at 10:00 AM UTC, due to ongoing wallet maintenance for enhanced security.
Q: Why are there order limits during the first 5 minutes?
A: These restrictions protect traders from extreme price swings during the volatile opening phase. They help maintain market integrity and prevent large single-order impacts.
Q: Is the project team’s opening price the same as the trading price?
A: No. The project team’s opening price is a reference value based on Pi Network’s internal valuation. Actual trading prices will be determined by market supply and demand via the call auction and live order book.
Q: How is Pi Network different from other mobile mining apps?
A: Unlike most “tap-to-earn” apps, Pi Network has launched its own Mainnet, supports smart contracts, and emphasizes real utility through its developer ecosystem and verified user base.
Q: Where can I check the live price of PI after listing?
A: Once trading begins, you can view real-time PI/USDT prices directly on the OKX exchange platform or through supported price tracking websites.
Final Thoughts: Why This Listing Matters
The OKX listing of PI (Pi Network) marks a pivotal moment for a project that has spent years building a decentralized user base outside traditional crypto circles. By enabling spot trading with robust safeguards, OKX provides a secure gateway for global investors to engage with this unique digital asset.
Whether you're a long-time Pi contributor or a new trader exploring emerging ecosystems, this listing offers a rare opportunity to participate in the early stages of a community-driven blockchain project.
👉 Start preparing today—secure your position ahead of major crypto listings on OKX.
Remember to conduct your own research, understand market risks, and only invest what you can afford to lose. Digital assets are highly volatile, and while opportunities abound, informed decisions are key to long-term success.