The readout architecture for the silicon pixel detector of the PANDA MVD (Micro Vertex Detector) is presented. The pixel detector has to provide timing, position and energy information on a event-driven base, since no trigger signal is foreseen. The readout system is based on a custom ASIC, named ToPiX, directly connected to the GBT (GigaBit Transceiver) optical transceiver. A reduced size prototype with most of the main functionalities has been designed and tested. The ASIC has been bonded to a sensor based on the epitaxial technology and tested on a beam test. TID (Total Ionizing Dose) tests on the ToPiX prototype have been performed.