Bybit is making a major move into DeFi by launching Byreal, a new decentralized exchange (DEX) built on the Solana blockchain. The testnet goes live on June 30, with a full launch expected later this year.
Byreal is more than just another DEX. It’s a hybrid liquidity network, combining the deep liquidity of centralized exchanges (CEX) with the transparency and flexibility of decentralized finance.
🔑 Key Features of Byreal:
- RFQ + CLMM routing: Ensures low-slippage trades with protection from MEV attacks.
- Reset Launch: A new fair launchpad with a smart price ladder and Fairshare Engine.
- Revive Vaults: Curated DeFi yield products, starting with bbSOL.
- CEX-grade liquidity meets DeFi-native access.
Bybit CEO Ben Zhou said, “This is what real hybrid finance looks like.” The platform is designed for both regular users and institutions, promising a streamlined experience with on-chain verification and deep trading pools.
The platform is also a big win for Solana, which was chosen for its high-speed, low-cost transaction capabilities. Bybit said it plans to bring more users, assets, and demand to Solana through Byreal.
As exchanges like Coinbase and Binance continue blending CeFi and DeFi, Byreal reflects a clear trend: DeFi is going mainstream, and centralized players are finding new ways to offer open access—without sacrificing performance.
The mainnet launch is expected later in Q3 2025, with more tools and liquidity options on the way.
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