Bybit’s Byreal to Link Centralized Exchange Features with DeFi Infrastructure on Solana
Bybit is preparing to launch a new decentralized exchange, called Byreal. The platform will go live on the Solana testnet on June 30. The full launch on the mainnet is expected in the third quarter of 2025.Byreal is designed as a hybrid exchange. It combines elements of centralized and decentralized trading. The company says it will offer centralized exchange-level liquidity and the transparency of decentralized finance.Byreal Offers CLMM, RFQ, MEV ProtectionBen Zhou, CEO of Bybit, described Byreal as a product that brings “CEX-grade liquidity with DeFi-native transparency.” The Byreal team called the platform an “onchain extension of a global exchange.”Byreal will include features like Request for Quote (RFQ) and Concentrated Liquidity Market Maker (CLMM) routing. RFQ allows users to request price quotes from multiple sources. CLMM helps liquidity providers focus their capital within price ranges where trading is most likely to happen. This setup is intended to reduce slippage and improve trade execution.The exchange is designed to offer fast swaps with protection against MEV. MEV (maximum extractable value) is a factor in DeFi trading that can impact transaction fairness and pricing.It’s official. Byreal is here.
Bybit is preparing to launch a new decentralized exchange, called Byreal. The platform will go live on the Solana testnet on June 30. The full launch on the mainnet is expected in the third quarter of 2025.
Byreal is designed as a hybrid exchange. It combines elements of centralized and decentralized trading. The company says it will offer centralized exchange-level liquidity and the transparency of decentralized finance.
Byreal Offers CLMM, RFQ, MEV Protection
Ben Zhou, CEO of Bybit, described Byreal as a product that brings “CEX-grade liquidity with DeFi-native transparency.” The Byreal team called the platform an “onchain extension of a global exchange.”
Byreal will include features like Request for Quote (RFQ) and Concentrated Liquidity Market Maker (CLMM) routing. RFQ allows users to request price quotes from multiple sources. CLMM helps liquidity providers focus their capital within price ranges where trading is most likely to happen. This setup is intended to reduce slippage and improve trade execution.
The exchange is designed to offer fast swaps with protection against MEV. MEV (maximum extractable value) is a factor in DeFi trading that can impact transaction fairness and pricing.
It’s official. Byreal is here.
