Bybit to Launch Byreal DEX on Solana This Month – Coincu

Bybit announces Byreal DEX launch on Solana this month, combining CEX liquidity and DeFi transparency. Expected impact on Solana’s DeFi activity and liquidity.

Bybit, led by CEO Ben Zhou, is launching its first on-chain DEX, Byreal, on Solana by the month’s end, BlockBeats News reports. The move integrates CEX liquidity with DeFi transparency.

“Bybit’s Ben Zhou announces the launch of Byreal, an onchain DEX debuting on Solana, merging CEX liquidity with DeFi transparency.” – Ben Zhou

This launch may enhance Solana’s DeFi presence and trading liquidity.

Byreal Set to Transform Solana’s DeFi Landscape

Bybit has announced the imminent launch of Byreal, its debut on-chain decentralized exchange on Solana, aiming to leverage CEX liquidity and DeFi transparency. According to Ben Zhou, Byreal promises to offer low-slippage, MEV-resistant trading experiences through its innovative RFQ + CLMM hybrid routing system.

With Byreal, Bybit seeks to enhance liquidity and transparency in decentralized finance by integrating a hybrid routing system that reduces slippage and resists MEV. The launch could influence the trading activity and growth of DeFi on the Solana network.

Reactions from the crypto community suggest optimism about the potential impact on Solana’s ecosystem. However, no specific comments from key opinion leaders or regulatory bodies were available at this time regarding Byreal’s launch.

Solana’s Market Dynamics Amid Byreal’s Arrival

Did you know? Previous launches of decentralized exchanges by centralized operators often result in temporary boosts to ecosystem participation and Total Value Locked.

As of June 15, 2025, Solana (SOL) is valued at $146.77 with a market cap of $77.44 billion and a market dominance of 2.35%, per CoinMarketCap data. The 24-hour trading volume is $2.15 billion, marking a 48.13% decrease, while the price showcases a 24-hour change of -0.04%.

The Coincu research team foresees potential growth in the Solana ecosystem and DeFi applications following Byreal’s launch. By integrating CEX-level liquidity with decentralized trading, Bybit could enhance the attractiveness of Solana’s DeFi platform and broaden its user base.