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Bybit will launch its Solana-based DEX, Byreal, in Q3 2025
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Platform promises low-slippage, transparent swaps via RFQ and CLMM
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Includes a token launchpad and curated DeFi vaults
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DEX market surges to $405B in monthly trading volume
Byreal to Deliver Hybrid Liquidity Model
Bybit has announced the upcoming launch of Byreal, a Solana-based decentralized exchange (DEX) designed to combine the liquidity benefits of centralized exchanges (CEXs) with the transparency of decentralized finance. A testnet launch is scheduled for June 30, with a full mainnet rollout expected in Q3.
Advanced Features Aim to Reduce Friction
Byreal integrates RFQ and CLMM routing to offer efficient, low-slippage trades. It will also feature an innovative token launchpad and yield-generating DeFi vaults with assets like bbSOL. Bybit CEO Ben Zhou emphasized the goal of bridging the gap between CEX and DEX infrastructure.
Solana Foundation Backs Hybrid Vision
Solana Foundation President Lily Liu commented on the potential of hybrid platforms like Byreal to unlock greater accessibility and scalability. She said such models combine asset variety with efficient market execution — essential for building internet-native capital markets.
DEX Sector Hits Record Volumes
The launch comes as decentralized exchanges hit an all-time high in market share. DEXs accounted for 25% of global spot trading volume in May, with $405.3 billion in trades. Solana-based DEXs hold over $3.3 billion in total value locked, led by platforms like Raydium.
