Pi Network is taking a proactive step towards establishing itself in the decentralized finance (DeFi) landscape by launching new tools on its testnet. The project has introduced a decentralized exchange (DEX), automated market maker (AMM) pools, and token creation tools, all led by co-founder Dr. Chengdiao Fan. This initiative seeks to boost experimentations within the DeFi space as it waits for mainnet activation which could significantly impact the value of PI coin. While the testnet implementation has seen a surge in developer engagement with over 210 live DApps and 23,000 projects, the broader market is yet to be affected by these changes. The success of these DeFi tools hinges on achieving widespread adoption on the mainnet. If successful, Pi Network could become a prominent player in the decentralized finance ecosystem.