Here is an average summary of the reasons why the Pi currency has not been listed on Binance yet:

1. "Closed Network" Phase: Pi trading is still limited within its own system, and there is no trading or liquidity in the open market, which contradicts Binance's requirements.

2. Ambiguity of Data and Transparency: Lack of clarity regarding Pi token details (total supply, circulating supply, lock mechanisms) raises Binance's concerns about potential price manipulation and risks.

3. Legal and Regulatory Risks: The lack of clear regulatory approvals makes Binance hesitant to list Pi for fear of violating laws.

4. Centralized Development: The core Pi team's control over development raises questions about the project's commitment to the decentralization preferred by Binance.

5. Lack of Liquidity and Trading Volume: The unavailability of Pi for trading in the open market means a lack of liquidity required for a stable trading environment on a large platform like Binance.

Despite the enthusiasm of the Pi community, Binance has not officially announced any listing plans yet. Pi is currently traded on some smaller platforms, but not on Binance. Official announcements from both parties should be monitored for the latest updates.