Bybit Unveils Byreal: A Hybrid DEX Bridging CEX Liquidity with DeFi Transparency on Solana

Bybit is gearing up to launch Byreal, an innovative hybrid decentralized exchange (DEX) on the Solana blockchain, designed to merge the liquidity advantages of centralized exchanges (CEX) with the transparency of decentralized finance (DeFi). The platform is set to debut on the testnet on June 30, 2025, with a mainnet release planned for Q3 2025. Byreal aims to revolutionize the DeFi space by integrating CEX-grade liquidity mechanisms such as Request for Quote (RFQ) and Concentrated Liquidity Market Maker (CLMM) routing. These features are expected to significantly reduce slippage and optimize trading efficiency, offering users a seamless and cost-effective trading experience. Bybit''s move underscores its commitment to bridging the gap between traditional finance and the burgeoning DeFi ecosystem, leveraging Solana''s high-speed and low-cost infrastructure. This development is poised to attract both institutional and retail traders, further solidifying Bybit''s position as a leader in the cryptocurrency exchange landscape.

Bybit’s Byreal to Link Centralized Exchange Features with DeFi Infrastructure on Solana

Bybit is set to launch Byreal, a hybrid decentralized exchange on Solana, bridging centralized exchange liquidity with DeFi transparency. The platform will debut on the testnet June 30, with a mainnet release slated for Q3 2025.

Byreal integrates CEX-grade liquidity mechanisms like RFQ (Request for Quote) and CLMM (Concentrated Liquidity Market Maker) routing, aiming to minimize slippage and optimize trade execution. MEV protection ensures fairer transaction pricing—a critical advancement for DeFi traders.

CEO Ben Zhou positions Byreal as an "onchain extension of a global exchange," signaling Bybit’s strategic push into decentralized infrastructure while leveraging its existing market depth.

Bybit Unveils Byreal: A Hybrid Decentralised Exchange Built on Solana

Bybit, a global leader in centralized crypto trading, is venturing into decentralized finance with the launch of Byreal, its first decentralized exchange (DEX). Built on the solana blockchain, Byreal aims to merge the liquidity of centralized exchanges with the transparency of DeFi. A testnet version is set for release on June 30, 2025, followed by a full mainnet launch in Q3 2025.

The platform will utilize a hybrid routing system combining RFQ (Request for Quote) and CLMM (Concentrated Liquidity Market Maker) to optimize trading efficiency. Byreal is positioned as an on-chain extension of Bybit''s existing infrastructure, designed to onboard new users and introduce fresh capital to the DeFi ecosystem.

Solana''s high-speed, low-cost architecture was selected as the foundation for Byreal, signaling Bybit''s strategic push into Web3. The exchange emphasized Byreal''s focus on listing assets with genuine value in a transparent on-chain environment, distinguishing it from generic DEX offerings.