Bybit is entering the decentralized finance (DeFi) world with the launch of Byreal, its new decentralized exchange (DEX). In a recent post on X, Bybit’s co-founder and CEO Ben Zhou, announced that the new platform was built on the Solana blockchain. He revealed that Byreal is combining the speed and liquidity of centralized exchanges with DeFi’s transparency. This advanced platform is designed to make trading easier and fairer. As Bybit expands its operations , this initiative is poised to strengthen its position in the fast-growing crypto landscape. Byreal Combines the Centralized and Decentralized Trading In a post, Zhou said Byreal is not just another decentralized trading platform. It uses a mix of two smart routing systems: Request for Quotation (RFQ) and Concentrated Liquidity Market Maker (CLMM). This approach lets users get the best available prices before making a trade while keeping transaction costs low and price movements stable. RFQ checks for the best price across various sources before completing a trade. On the other hand, CLMM helps maintain deep liquidity pools by letting users provide liquidity more efficiently. Together, these tools make trades cheaper and faster, reducing the risk of manipulation from trading bots. Byreal Launchpad Aims for Fairer, Safer Token Starts Byreal will have a launchpad built to make token launches fair for all users, not just large-scale buyers. It will use tools like the Fairshare Engine and Smart Price Ladder to give everyone a better chance at getting new tokens. This setup helps prevent problems on other platforms, where bots or early buyers take over launches. This is similar to Pump.fun, a memecoin platform on the Solana network, which recently made a move that also tried to offer fair launches. However, the platform, now back to live streaming , faced many scams, with about 60% of wallets reportedly losing money. Byreal aims to fix this by using advanced tools to make token launches safer and fairer for everyone. Byreal: Backed by Bybit, Built on Solana Byreal runs on Solana, one of the fastest blockchain networks, known for its high DEX trading volume. With over $1.5 billion in decentralized trading volume, Solana gives Byreal the speed and power it needs. Byreal is more than just a trading platform. It is a full-on-chain liquidity network made to support new assets, traders, and use cases. It also features the Revive Vault, a system that offers yield options on tokens like bbSOL. The team behind this project says Byreal was built to bring real value back to decentralized finance and attract serious users and trusted projects. The testnet launches on June 30, with the mainnet expected later in Q3 2025. When rolled out, Byreal could help Bybit tap into a growing market of users who prefer non-custodial, transparent platforms. The post Bybit Enters DeFi Sector with Byreal DEX Launch appeared first on TheCoinrise.com .
