Bybit launches Solana on-chain CeDeFi app Byreal as DEX volume jumps 16%
The post Bybit launches Solana on-chain CeDeFi app Byreal as DEX volume jumps 16% appeared on BitcoinEthereumNews.com. Bybit, one of the world’s most active crypto derivatives exchanges, has announced the launch of Byreal, a decentralized exchange (DEX) built on Solana, marking its most aggressive push yet into DeFi. The move signals a broader pivot toward hybrid finance, where centralized liquidity meets decentralized transparency. “Byreal isn’t ‘just another DEX.’ It’s combining CEX-grade liquidity with DeFi-native transparency,” tweeted CEO Ben Zhou in a press note released on June 15. The statement, part of a broader thread, emphasized Byreal’s ambition to combine the “CEX-grade liquidity” of Bybit with the auditability and self-custody of DeFi. CeDeFi takes shape Byreal is set to enter testnet by June 30, with a mainnet launch scheduled for Q3 2025. According to CryptoBriefing’s exclusive first look, the DEX uses a blend of RFQ (Request for Quote) and CLMM (Concentrated Liquidity Market Maker) routing, aiming to offer slippage, MEV-resistant trades, deemed key pain points for DeFi traders. The platform also introduces a novel “Reset Launch” mechanism for fair token launches and a Revive Vault yield product built around bbSOL, a Bybit-native version of staked Solana. Byreal arrives at a time when DEX volumes are resurging: weekly totals recently averaged above $10 billion for the first time since 2021, a 16% spike according to DeFiLlama. DEX volume (Source: DefiLlama) Meanwhile, Solana’s resurgence, buoyed by sustained 100% uptime in 2025 and peak transaction speeds over 65,000 TPS, makes it a strategic base layer for scalable on-chain infrastructure. Why it matters Bybit’s Solana-native DEX marks a watershed for CeDeFi, the increasingly favored hybrid model among exchanges seeking to retain user trust while expanding on-chain. With major CEXs like Coinbase doubling down on Ethereum L2s, Bybit’s Solana route puts it on a divergent yet competitive path, one that could accelerate the volume flippening between centralized and decentralized trading. It also marks a…
The post Bybit launches Solana on-chain CeDeFi app Byreal as DEX volume jumps 16% appeared on BitcoinEthereumNews.com.
Bybit, one of the world’s most active crypto derivatives exchanges, has announced the launch of Byreal, a decentralized exchange (DEX) built on Solana, marking its most aggressive push yet into DeFi. The move signals a broader pivot toward hybrid finance, where centralized liquidity meets decentralized transparency. “Byreal isn’t ‘just another DEX.’ It’s combining CEX-grade liquidity with DeFi-native transparency,” tweeted CEO Ben Zhou in a press note released on June 15. The statement, part of a broader thread, emphasized Byreal’s ambition to combine the “CEX-grade liquidity” of Bybit with the auditability and self-custody of DeFi. CeDeFi takes shape Byreal is set to enter testnet by June 30, with a mainnet launch scheduled for Q3 2025. According to CryptoBriefing’s exclusive first look, the DEX uses a blend of RFQ (Request for Quote) and CLMM (Concentrated Liquidity Market Maker) routing, aiming to offer slippage, MEV-resistant trades, deemed key pain points for DeFi traders. The platform also introduces a novel “Reset Launch” mechanism for fair token launches and a Revive Vault yield product built around bbSOL, a Bybit-native version of staked Solana. Byreal arrives at a time when DEX volumes are resurging: weekly totals recently averaged above $10 billion for the first time since 2021, a 16% spike according to DeFiLlama. DEX volume (Source: DefiLlama) Meanwhile, Solana’s resurgence, buoyed by sustained 100% uptime in 2025 and peak transaction speeds over 65,000 TPS, makes it a strategic base layer for scalable on-chain infrastructure. Why it matters Bybit’s Solana-native DEX marks a watershed for CeDeFi, the increasingly favored hybrid model among exchanges seeking to retain user trust while expanding on-chain. With major CEXs like Coinbase doubling down on Ethereum L2s, Bybit’s Solana route puts it on a divergent yet competitive path, one that could accelerate the volume flippening between centralized and decentralized trading. It also marks a…
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