<ul data-eligibleForWebStory="true">Bybit introduces Byreal, a new on-chain DEX built on Solana, aiming to launch by the end of June.Byreal combines centralized exchange liquidity with DeFi transparency using a hybrid RFQ and CLMM routing model.Bybit plans collaborative launches integrating centralized and decentralized infrastructure for next-gen financial ecosystems.Byreal is part of Bybit's roadmap to merge CEX performance with DeFi transparency on the Solana blockchain.The DEX aims to provide fast, fair, and transparent trading experiences for real-world digital assets.Byreal's hybrid routing system enhances trade execution speeds and resists MEV threats.It offers CEX-grade liquidity with DeFi authenticity, avoiding split liquidity pools and delayed order execution.The partnership with Solana provides low fees, fast settlements, and large-scale transactions for Byreal.The testnet for Byreal is scheduled for June 30th, with a full mainnet launch in Q3 2025.Byreal plans to address liquidity scaling, user access, and capital efficiency in heterogeneous blockchains.Byreal represents the on-chain part of Bybit's global trading network, creating new opportunities for traders and developers.Bybit hints at further integrations of CEX and DEX inspired by Byreal in the future.Byreal aims to ensure high-speed transactions without compromising decentralization.Bybit's CEO confirmed the launch of Byreal, emphasizing its position in Bybit's broader digital finance infrastructure.The partnership with Solana enables Byreal to benefit from low fees and fast settlements.Bybit foresees Byreal as a liquidity network supporting real-world assets with transparency and performance.