Kraken cryptocurrency exchange has just launched futures contracts for the Pi Network (PI). These derivatives offer up to 20x leverage on PI perpetual futures, now available on Kraken Pro. This move follows an announcement from Kraken Pro highlighting that PI futures are live with a maximum leverage of 20x. The launch coincides with PI’s market cap reaching nearly $5.7 billion. Users can find over 40 collateral options and trading in over 360 markets, all on the platform. Key details:
* **Leverage:** Up to 20x for PI perpetual futures
* **Collateral Options:** Over 40 choices available across a range of markets.
For more information on how to trade PI futures on Kraken Pro, check out this link: https://t.co/NHHpKobugb. PI’s Price Surge:** Following the news, Pi Network’s price experienced a slight surge, with its market cap exceeding $5.7 billion. Early in the day, the price traded at $0.7865 before climbing to $0.7893 and currently stands at $0.7889. This is indicative of growing interest within the cryptocurrency community.