menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Solana News

>

Bybit Sets...
source image

TheNewsCrypto

3w

read

79

img
dot

Bybit Sets the Stage for Byreal Hybrid DEX Launch on Solana

  • Bybit is introducing Byreal, a decentralized exchange (DEX) on Solana, with CEX-level liquidity and on-chain transparency.
  • Byreal features dual routing, yield vaults, fair launch tools, and aims for smoother DeFi trading.
  • Bybit plans to launch Byreal in Q3 2025 after a testing phase starting on June 30.
  • The DEX intends to combine centralized exchange liquidity with DeFi protocol transparency.
  • Byreal's architecture includes a dual routing system merging RFQ with CLMM for efficient trades with low slippage.
  • Byreal offers tools like the Smart Price Ladder launchpad and Fairshare Engine to balance token launches and prevent whale domination.
  • Bybit's integration of bbSOL, a liquid staking token on Solana, showcases a connection between its core exchange and Web3-native tools.
  • Byreal's testnet goes live on June 30, aiming for a mainnet launch in Q3 2025, focusing on trading infrastructure and consolidation after recent projects were cut.
  • The launch of Byreal coincides with Solana's growth in DeFi, attracting interest from major players like Kraken and Fidelity.
  • Byreal bets on offering global CEX experience on-chain, emphasizing liquidity, speed, depth, and self-custody in its model.
  • The success of Byreal will depend on maintaining strong liquidity, providing a seamless trading experience, and building trust in its hybrid model.

Read Full Article

like

4 Likes

For uninterrupted reading, download the app