Kraken推出了PI Network的本地令牌PI的永久期货

此上市允许市场参与者在不直接拥有它的情况下交易令牌。

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已为PI Network的本地令牌PI签订了永久期货合约，标志着进入衍生品市场的重要一步。 Kraken Pro授予市场参与者的清单可以交易令牌而无需直接持有。

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.

此举为与PI网络互动提供了新的战略选择，尤其是考虑到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倍的杠杆作用和衍生产品访问PI网络

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现在提供永恒的期货，最高20倍的杠杆作用，以与PI的价格变动互动，目前的交易价格约为1.3美元。期货合约没有到期，并且根据持续的市场活动而定居，为交易员提供了40多种抵押选择。

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.

此设置使用户可以根据对令牌性能的期望，同时应用漫长和短策略。此外，作为Kraken更广泛的360个市场产品的一部分，交易者可以访问该工具，从而为投资组合建设提供了良好的灵活性。

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.

此包含有助于弥合无法在现货平台上交易PI的人的差距。同时，永久期货提供了一种表达对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.

当Pi网络面临着波动性的斗争，触及1.57美元后，该功能面临着波动性的挣扎，价格下降了10％，在更广泛的市场上升期间表现较差。

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，新的期货清单引入了杠杆作用，这可能会加强价格上下的价格变动。这种机制可以扩大收益和损失，从而使短期情感变化更加有影响力。

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.

该项目的权力下放仍然存在，其核心团队仍持有PI Network的60％的代币供应和越南大量的节点运营商。

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

此外，该地区的监管压力可能会继续影响感知和表现。

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

借助实时衍生产品，看跌参与者现在可以打开短职位，有可能在PI网络上应用更多的下行势头。

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.

由于价格波动可能会触发两侧的清算，因此在短期内可能会增加波动性，从而导致突然潮流或崩溃。

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

此外，期货上市可以吸引网络的额外流动性和兴趣。

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

尽管缺乏在主要交易所上的现货清单，但PI网络现在通过这种衍生产品获得了更广泛的市场知名度。

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

尽管Kraken的举动提供了更多的交易选择，但由于PI的现货价格较弱和集中化问题，不确定性仍然存在。

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

但是，期货列表仍在PI网络生态系统中引入大量流动性。

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

这种增加的活动可能有助于稳定价格波动并随着时间的流逝而改善市场深度。

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

监视PI合同上的开放利息和资金率对于在短期内跟踪定向情感和潜在的临界点至关重要。

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

总体而言，Kraken的支持可能会在数字资产市场中为PI网络塑造一个新阶段。