Bybit, one of the world’s leading cryptocurrency exchanges, has officially announced Byreal, a next-generation onchain liquidity network designed to bring centralized-grade liquidity into the decentralized world. Incubated by Bybit and built on Solana, Byreal aims to be more than just another DEX (Decentralized Exchange). In their own words, “We’re building the onchain extension of a global exchange, combining CEX-grade liquidity with DeFi-native transparency.”
This hybrid approach taps into the speed and user base of centralized exchanges (CEX) while leveraging the open, composable nature of DeFi. The end goal? A seamless trading experience where value can be discovered, listed, and traded transparently, with less fragmentation and greater access.
What Byreal Offers
Byreal is set to introduce several innovative features at launch, including:
- CLMM + RFQ hybrid routing: A blend of concentrated liquidity market-making and Request For Quote systems to optimize trade execution.
- Reset Launch: A fair launchpad model powered by a Smart Price Ladder and Fairshare Engine, aimed at more equitable token distributions.
- Revive Vault: Curated yield vaults, starting with assets like bbSOL, offering users tailored ways to grow their holdings.
With these tools, Byreal positions itself as a solution to DeFi’s ongoing liquidity fragmentation problem. “Byreal is built to turn fragmented liquidity into unified opportunity,” the team stated.
Powered by Solana, Backed by Bybit
The Solana blockchain, known for its high throughput and low transaction costs, will serve as the foundation for Byreal. The choice reflects a broader effort to bring speed and scalability to decentralized markets — two aspects often cited as missing in many DeFi platforms.
The collaboration also reflects Solana’s growing importance as a base layer for next-generation DeFi projects. Byreal noted: “We’re proud to work alongside @Solana… More capital. More assets. More velocity — for all.”
Timeline and Expectations
Byreal’s testnet is scheduled to launch on June 30, with a mainnet rollout expected in Q3 2025. With backing from Bybit and the technical power of Solana, industry observers will be keeping a close eye on how this new player shapes the evolving DeFi landscape.
For Bybit, this marks another strategic move into decentralized infrastructure, a space where the boundaries between centralized and decentralized services are beginning to blur. As the line between exchanges continues to shift, Byreal could signal what the future of crypto trading might look like: transparent, fast, liquid, and built for everyone.
