Pi Network targets September 15 for Protocol 27 and the DEX that will decide if 30 million users matter

Protocol 26 is complete. Protocol 27, the final infrastructure upgrade in Pi Network’s current roadmap, is on testnet with a September 15 mainnet target. The decentralized exchange that ships with it will answer the question the market has been asking since February 2025: can a mobile-mined token with tens of millions of holders generate real economic activity, or does the largest user base in crypto exist only on paper? Summary Pi Network completed its Protocol 26 mainnet upgrade on August 11, 2026, hardening smart contract security, state management, and cryptographic capabilities across 421,000 active nodes. Protocol 27, designated the “final planned upgrade,” began deploying on Testnet 1 on August 21 and targets September 15 for mainnet, bringing automated market maker liquidity pools, smart contract authentication, and RPC server infrastructure. The Pi Launchpad DEX tested a combined order book and AMM on testnet through the SLICE token launch from June 11 to 28, drawing 242,000 Pioneers who committed 15.92 million Test-Pi. PI traded at $0.0909 on August 31, 2026, down more than 97% from its all-time high of $2.99 set in February 2025, with a market capitalization near $1 bill...