Bybit Launches Byreal DEX on Solana Blockchain

Coin WorldSunday, Jun 15, 2025 2:44 pm ET
2min read

Bybit, a leading cryptocurrency exchange, has announced the launch of Byreal, a decentralized exchange (DEX) built on the Solana blockchain. This new platform aims to bridge the gap between centralized exchanges (CEX) and decentralized finance (DeFi), offering users the benefits of both worlds. Byreal leverages Solana's high-speed, low-cost transaction capabilities, positioning it as a significant player in the growing DeFi landscape on the Solana network.

Byreal integrates centralized exchange liquidity with decentralized finance transparency, utilizing a hybrid Request for Quote (RFQ) and Concentrated Liquidity Market Making (CLMM) routing model. This combination aims to enhance trade execution speeds, lower slippage, and maintain strong resistance against Maximum Extractable Value (MEV) threats. The DEX is set to launch by the end of June, with a testnet version expected on June 30th and a full mainnet launch planned for Q3 2025.

Bybit's CEO, Ben Zhou, confirmed the upcoming launch, highlighting Byreal's unique feature of combining a centralized structure of liquidity provision with the advantages of conventional exchange services and the authenticity found in decentralized financial systems. Unlike other DEXs that suffer from split liquidity pools and delayed order execution, Byreal adopts an integrated approach, performing somewhat on par with CEX systems. This architectural arrangement enables real-time transactions without losing sight of on-chain activities.

Through its partnership with Solana, Byreal will benefit from low transaction fees, fast settlements, and large-scale transactions. This ensures that real asset users can interact in a high-speed environment without compromising decentralization. Bybit has expressed its commitment to further partnerships and the integration of CEX and DEX, hinting at future projects that address liquidity scaling, user access, and capital efficiency in heterogeneous blockchains.

Byreal is more than just an independent DEX; it is intended to represent the on-chain part of Bybit’s global trading network. This initiative creates new opportunities for traders and developers, fostering a more interconnected and efficient financial ecosystem. Bybit's strategic move into the DeFi space with Byreal underscores its ambition to lead the next generation of digital finance infrastructure, blending the best of centralized and decentralized worlds.

Byreal will also introduce a “Reset Launch” mechanism using Smart Price Laddering and a Faishare Engine, aiming to provide fairer token allocation during launches and prevent the usual rush of predatory trading behaviors. Another unique addition is the Revive Vault, a yield-generating tool that will curate return opportunities across Solana-based assets such as bbSOL.

Bybit's launch of Byreal on Solana represents a significant step in the evolution of the DeFi ecosystem. By combining the efficiency and liquidity of centralized exchanges with the transparency and autonomy of decentralized finance, Byreal aims to attract a new wave of hybrid crypto users. This move not only strengthens Solana's position in the DeFi landscape but also sets a new standard for decentralized exchanges, paving the way for future innovations in the digital finance sector.