- Bybit enters DeFi with Solana-powered hybrid DEX, Byreal.
- Unified liquidity mannequin enhances velocity, reduces slippage, prevents MEV.
- bbSOL integration bridges CEX liquidity and decentralized staking rewards.
Crypto alternate Bybit is getting ready to launch its first decentralized alternate, Byreal, constructed on the Solana blockchain. The platform is scheduled for testnet launch on June 30, with the mainnet rollout deliberate for Q3 2025. Byreal represents Bybit’s push into hybrid finance, combining centralized alternate liquidity with decentralized finance transparency and consumer management.
Bybit Unveils Solana-Powered DEX ‘Byreal
Bybit CEO Ben Zhou described Byreal as the way forward for “actual hybrid finance,” providing a singular mixture of CEX efficiency and DeFi openness. Not like conventional DEXs, Byreal will incorporate a unified liquidity mannequin that makes use of Request-for-Quote (RFQ) and Concentrated Liquidity Market Maker (CLMM) methods.
Asserting Byreal — our first onchain DEX incubated by Bybit, can be LIVE by finish of the month. Ranging from scratch and now born on Solana. what’s particular: 1/ CEX + DEX synergy Byreal isn’t “simply one other DEX.” It’s combining CEX-grade liquidity with DeFi-native transparency.… https://t.co/JU60e4zHQ4
— Ben Zhou (@benbybit) June 15, 2025
These mechanisms will assist reduce slippage, enhance commerce velocity, and supply safety towards MEV assaults.
The upcoming DEX may even function curated yield vaults, providing customers entry to aggressive returns via revolutionary staking choices.
Bybit confirmed that the platform would come with a good launchpad system powered by its Good Value Ladder and Fairshare Engine fashions. These instruments purpose to make sure balanced token launches and wider group participation.
Byreal may even help bbSOL, a liquid staking token launched by Bybit final September in collaboration with Solana companions.
Initiatives like Sanctum, Kamino Finance, and Orca contributed to the creation of bbSOL, designed to bridge the hole between Bybit’s centralized platform and its Web3 companies.
Customers who stake SOL via Bybit Web3 will obtain bbSOL, enhancing liquidity inside the new DEX ecosystem.
It’s official. Byreal is right here.👋🏽
Incubated by @Bybit_Official, born on @Solana.
Byreal is a brand new onchain liquidity community for the subsequent wave of belongings — the place actual worth is listed, found, and traded transparently. pic.twitter.com/seDoKdZCKw
— Byreal (@byreal_io) June 15, 2025
Bybit Advances Hybrid Finance Mannequin with Byreal
Byreal is a strategic shift coming quickly following the closure of a few Web3 merchandise in Could. Such closures concerned Bybit NFT market, Keyless Pockets, DEX Professional, and Swap & Bridge service.
The alternate additionally cancelled its fiat on-ramp and Web3 Factors reward program, specializing in its gearing in the direction of extra scalable options.
Irrespective of those shutdowns, Bybit doesn’t need to keep behind in innovation within the DeFi sector. The creation of Byreal is related to its long-term perspective of creating a extra built-in, safe, and clear setting of funds.
The platform would create a decentralized format that retains the extent of performance CEX-grade on buying and selling platforms have with out diminishing the extent of efficiency or the consumer expertise.
Byreal may even be out there on the official website byreal.io and can present the out there merchants with a brand new hybrid mannequin that would be the perfect of the 2 worlds.