Kraken Introduces PI Futures with High Leverage, But Token Price Drops

Kraken has launched PI token futures with a maximum leverage of 20x, providing traders new ways to interact with the Pi Network. Despite this move, PI’s price has dropped by 3.5% in the past 24 hours, currently trading at $0.7821. The new futures offer sustained exposure through funding fees without expiry dates and support over 360 markets. Users can choose from 40+ collateral types to manage risk.