Kraken推出了PI Network的本地令牌PI的永久期貨

此上市允許市場參與者在不直接擁有它的情況下交易令牌。

Kraken has launched perpetual futures contracts for Pi Network’s native token, PI, marking a major step into the derivatives market. The listing on Kraken Pro grants market participants the ability to trade the token without needing to hold it directly.

Kraken已為PI Network的本地令牌PI簽訂了永久期貨合約，標誌著進入衍生品市場的重要一步。 Kraken Pro授予市場參與者的清單可以交易令牌而無需直接持有。

This move provides new strategic options for engaging with Pi Network, especially considering that PI is not yet listed on top-tier spot crypto exchanges like Binance or Coinbase.

此舉為與PI網絡互動提供了新的戰略選擇，尤其是考慮到PI尚未在Binance或Coinbase（例如Binance或Coinbase）上列出PI。

Kraken Pro Adds 20x Leverage and Derivative Access to Pi Network

Kraken Pro增加了20倍的槓桿作用和衍生產品訪問PI網絡

Kraken Pro now offers perpetual futures with up to 20x leverage for engaging with price movements of PI, which is currently trading at around $1.3. The futures contracts have no expiration and settle based on ongoing market activity, offering over 40 collateral options for traders’ convenience.

Kraken Pro現在提供永恆的期貨，最高20倍的槓桿作用，以與PI的價格變動互動，目前的交易價格約為1.3美元。期貨合約沒有到期，並且根據持續的市場活動而定居，為交易員提供了40多種抵押選擇。

This setup enables users to apply both long and short strategies depending on their expectations for the token’s performance. Moreover, traders can access this instrument as part of Kraken’s broader offering of 360 markets, providing good flexibility for portfolio construction.

此設置使用戶可以根據對令牌性能的期望，同時應用漫長和短策略。此外，作為Kraken更廣泛的360個市場產品的一部分，交易者可以訪問該工具，從而為投資組合建設提供了良好的靈活性。

This inclusion helps bridge the gap for those unable to trade PI on spot platforms. At the same time, perpetual futures provide an alternative method to express their outlook on the token.

此包含有助於彌合無法在現貨平台上交易PI的人的差距。同時，永久期貨提供了一種表達對令牌的看法的替代方法。

The feature arrives as Pi Network faces struggles with volatility and a 10% price decline after touching $1.57, performing poorly during a broader market upswing.

當Pi網絡面臨著波動性的鬥爭，觸及1.57美元後，該功能面臨著波動性的掙扎，價格下降了10％，在更廣泛的市場上升期間表現較差。

However, the new futures listing introduces leverage, which may serve to intensify both upward and downward price movements. This mechanism could magnify gains and losses, rendering short-term sentiment shifts even more impactful.

但是，新的期貨清單引入了槓桿作用，這可能會加強價格上下的價格變動。這種機制可以擴大收益和損失，從而使短期情感變化更加有影響力。

Concerns remain around the project’s decentralization, with its core team still holding 60% of Pi Network’s token supply and a heavy concentration of node operators in Vietnam.

該項目的權力下放仍然存在，其核心團隊仍持有PI Network的60％的代幣供應和越南大量的節點運營商。

Additionally, regulatory pressures in the region may continue to impact perception and performance.

此外，該地區的監管壓力可能會繼續影響感知和表現。

With live derivatives, bearish participants can now open short positions, potentially applying more downside momentum to Pi Network.

借助實時衍生產品，看跌參與者現在可以打開短職位，有可能在PI網絡上應用更多的下行勢頭。

This move could lead to increased volatility in the short term as price swings may trigger liquidations on either side, leading to sudden surges or crashes.

由於價格波動可能會觸發兩側的清算，因此在短期內可能會增加波動性，從而導致突然潮流或崩潰。

Furthermore, the futures listing could attract additional liquidity and interest to the network.

此外，期貨上市可以吸引網絡的額外流動性和興趣。

Despite lacking spot listings on major exchanges, Pi Network now gains broader market visibility through this derivative offering.

儘管缺乏在主要交易所上的現貨清單，但PI網絡現在通過這種衍生產品獲得了更廣泛的市場知名度。

While Kraken’s move provides more trading options, uncertainty remains due to PI’s weak spot price performance and centralization issues.

儘管Kraken的舉動提供了更多的交易選擇，但由於PI的現貨價格較弱和集中化問題，不確定性仍然存在。

However, the futures listing still introduces significant liquidity into the Pi Network ecosystem.

但是，期貨列表仍在PI網絡生態系統中引入大量流動性。

This increased activity could serve to stabilize price fluctuations and improve market depth over time.

這種增加的活動可能有助於穩定價格波動並隨著時間的流逝而改善市場深度。

Monitoring open interest and funding rates on PI contracts will be essential for tracking directional sentiment and potential tipping points in the short term.

監視PI合同上的開放利息和資金率對於在短期內跟踪定向情感和潛在的臨界點至關重要。

Overall, Kraken’s support may shape a new phase for Pi Network in the digital asset market.

總體而言，Kraken的支持可能會在數字資產市場中為PI網絡塑造一個新階段。