Kraken推出了具有20倍杠杆的PI永久期货，从而扩大了美国贸易商的访问权限

PI网络仍面临对集中化和数据隐私的批评，尽管生态系统升级和市场扩展，也引起了人们的关注。

Kraken has just launched the first-ever perpetual futures for Pi Network’s (PI) token, providing a new way for traders to gain exposure to the asset. However, despite the buzz surrounding this major exchange debut, PI’s price has slid 3.5% in the last 24 hours, now changing hands at $0.7821.

Kraken刚刚推出了PI Network（PI）代币的第一个永久未来，为交易者提供了一种新的方式来获得资产敞口。但是，尽管围绕着这次重大交换的嗡嗡声，但PI的价格在过去24小时内下跌了3.5％，现在以0.7821美元的价格易手。

This downturn may be linked to growing concerns over the project’s token distribution and data privacy practices, even as Pi Network unveils new ecosystem updates and expands its market presence.

这种低迷可能与对项目的代币分布和数据隐私惯例的越来越关注有关，即使PI Network揭示了新的生态系统更新并扩大了其市场的影响力。

Kraken Unveils Pi Futures With 20x Leverage

Kraken揭露了20倍杠杆的PI期货

Kraken Pro users can now go long or short on Pi with up to 20x leverage through the new perpetual futures contracts. These contracts, part of Kraken Pro’s expanding derivatives offering, support over 360 markets and accept more than 40 different collateral options.

Kraken Pro用户现在可以通过新的永久期货合约进行长时间或短暂的PI，最高20倍。这些合同是Kraken Pro不断扩大的衍生品，支持360个市场的一部分，并接受40多种不同的抵押选择。

This move makes it easier than ever for U.S. traders to access Pi futures without additional regulatory or platform hurdles. Unlike traditional futures, perpetual contracts do not expire, allowing traders to keep their positions open indefinitely—though funding fees may apply based on market conditions.

此举使美国交易者无需其他监管或平台障碍而访问PI期货比以往任何时候都容易。与传统的未来不同，永久合同不会到期，允许交易者无限期地保持其头寸，尽管可能会根据市场条件适用资金费用。

The listing is seen as a potential signal of growing institutional interest in Pi, despite its notable absence from top-tier exchanges like Binance and Coinbase.

尽管列表显着地缺席了Binance和Coinbase等顶级交流，但该列表被视为在PI中越来越多的机构兴趣的潜在信号。

Centralization And Privacy Issues In Focus

重点集中和隐私问题

Despite development efforts, Pi Network continues to face criticism over its token distribution and privacy practices. Currently, about 60% of the total PI supply is still controlled by the core team.

尽管做出了发展的努力，但PI网络仍在对其令牌分布和隐私实践中仍面临批评。目前，大约60％的PI供应仍由核心团队控制。

Dr. Altcoin, a prominent supporter of the project, has raised concerns over the lack of transparency from the Pi Core Team, especially regarding user data. He highlights how this data could be used for:

该项目的重要支持者Altcoin博士对PI Core团队缺乏透明度的关注，尤其是对用户数据。他强调了如何使用这些数据：

Without proper disclosure, he believes user trust and data privacy remain at serious risk.

他认为，如果没有适当的披露，用户信任和数据隐私仍然有严重的风险。

New Ecosystem Updates From Pi Network

PI网络的新生态系统更新

Amid these controversies, Pi Network has introduced several updates to its ecosystem, including:

在这些争议中，PI Network对其生态系统介绍了多个更新，包括：

These updates highlight ongoing efforts to enhance Pi’s utility and ecosystem engagement, even as questions about transparency and market readiness remain.

这些更新突出了正在进行的努力，以增强PI的实用性和生态系统参与度，即使有关透明度和市场准备就绪的问题仍然存在。

Final Thoughts

最后的想法

Pi Network’s addition to Kraken’s futures platform is a major milestone, providing the project with more visibility and equipping traders with new market tools. However, the price slump, transparency concerns, and centralized token holdings may continue to exert pressure on sentiment.

PI Network在Kraken的期货平台上的增加是一个主要的里程碑，为该项目提供了更大的可见性，并为交易员提供了新的市场工具。但是，价格低迷，透明度问题和集中的令牌持有可能会继续对情感施加压力。

As institutional attention intensifies, the Pi Core Team’s next steps—especially in communication and decentralization—will be closely observed.

随着机构关注的加剧，PI Core团队的下一步（尤其是在交流和权力下放）将受到仔细观察。