HTX will delist the PI Coin to facilitate the upcoming Pi Network mainnet launch, converting user holdings of PI IOUs to USDT at a rate of 1:61.28.
Trading of PI IOU coins will stop on February 13, 2025, at 08:00 UTC, with all open orders being canceled.
Retail interest in Pi Network is on the rise due to its shift from a closed system to a public blockchain, which HTX views as a positive opportunity.