
Pi Network is a Layer 1 blockchain based on Stellar code, and PI is its native token. PI serves as the currency for Pi Browser DApps and the Pi Marketplace (so far with limited adoption), as a mining reward for the Pi app's tap mining and, since March 2026, as a reward for KYC validators; PI is also intended as gas for smart contracts, which have been on the testnet since 04/2026.
Founders, investors, token distribution, lockups and unlocks at a glance, with sources and dates.
Who bought when at what price, and how much is still coming to the market.
The most important risks with evidence, plus how overheated Pi Network is compared with its own history.
What speaks against the project and what to watch out for.
Tokenomics, team, risks and utility – six pillars, one grade. From the COMPASS plan.
See plansPi Network is a Layer 1 blockchain based on Stellar code, and PI is its native token. PI serves as the currency for Pi Browser DApps and the Pi Marketplace (so far with limited adoption), as a mining reward for the Pi app's tap mining and, since March 2026, as a reward for KYC validators; PI is also intended as gas for smart contracts, which have been on the testnet since 04/2026.
With an overall grade of 4.5 (20 out of 100) across six pillars: tokenomics, team, utility, security, execution and relevance. Grades range from 1.0 (very strong) to 5.0 (very weak). The reasoning for each pillar is inside CryptoCompass.
The all-time high of PI is $2.99 (26 Feb 2025). On 22 Oct 2026, PI trades at $0.0789, which is 97% below it.
No. We rate the structure of the project, not the price. A good grade says nothing about whether the price is currently cheap. Not investment advice.
We rate the structure of the project, not the price. Not investment advice. Crypto is highly risky and a total loss is possible. Price data: CoinGecko, as of 22 Oct 2026.