Pipe Network Launches Mainnet with PIPE Token
Pipe Network has officially launched its mainnet and held the token generation event (TGE) for its native PIPE token. The project team announced the launch on October 8, 2025, describing PIPE as the backbone of the world’s first permissionless full-stack cloud.
PIPE is a utility token earned through real proof-of-work contributions. The network supports decentralized cloud services using modules like CDN, Firestarter Storage, and an upcoming feature called P1.
PIPE Token Price Drops After Launch
The PIPE token started trading at $0.30 but quickly fell to $0.23, a 31% drop within hours. The team explained that each PIPE token represents measurable network activity, such as gigabytes of storage or terabytes of bandwidth.
Users can pay with PIPE tokens or convert SOL to PIPE to access bandwidth, storage, and compute credits. Node operators earn PIPE by providing resources and stake tokens to register points of presence and maintain network performance.
Exchange Listings and Community Response
PIPE is now listed on major exchanges including Binance, Gate.io, KuCoin, and Kraken (EU region). Support for U.S. users is expected soon. Node operators must upgrade to mainnet to start earning monthly rewards.
Early node operators from the testnet phase will receive double rewards for the first 12 months through a “workdrop” program. However, some community members criticized the reward plan. They felt early contributors deserved immediate compensation rather than gradual payouts.
One user, Gautamgg, tweeted, “This is just an excuse not to reward early contributors. In the absence of rewards for early users, how are they going to use the product on the mainnet?”
Pipe Network responded that early operators will receive monthly double rewards as the network grows. These payouts aim to fairly compensate early supporters over time.
