Bybit is one of the biggest players in the centralized cryptocurrency exchange (CEX) space. Today, it is diving into the decentralized finance (DeFi) space with Byreal, a new decentralized exchange (DEX) created on its Solana blockchain technology. Contributor Marcin Kowalczyk is a blockchain regulatory analyst and writer. In this article, he explores Byreal’s unique concept that combines the best of CEX and DeFi and what it means for the future of DEXs. Byreal hopes to check off other major pain points for DeFi traders with unified liquidity and lightning speed.

Introduction to Bybit's New DEX

Bybit is making quite the splash on the DEX side of things, signaling a key growth move. Their mission is to tap into a growing market segment that desires decentralization without sacrificing search speed and relevance. The DeFi sector changes fast though. It promises new solutions to problems like excessive slippage, front-running, and a cumbersome UX. Byreal operates as a hybrid DEX, fulfilling the best of both worlds. It combines the best of both worlds—the simplicity of central exchanges with the transparency, control and security of a decentralized exchange.

Overview of Bybit and its Innovations

Bybit has become one of the largest centralized exchanges focused on derivatives trading and developing innovative products. Since its launch, Bybit has been committed to delivering a serious, stable and intuitive trading experience tailored for retail and institutional traders alike. The exchange has a track record of quickly and decisively introducing innovative new features and services. These features consist of spot trading, numerous staking options, and a launchpad for developing crypto projects. Bybit’s choice and method of crafting Byreal is indicative of a larger trend among CEXs to better understand, penetrate, conform with, and eventually work with the DeFi landscape.

Significance of the Byreal DEX Launch

All of those reasons make the launch of Byreal important as well. First, it represents a major CEX's commitment to the DeFi space, potentially bringing more liquidity and users to decentralized trading. Second, Byreal’s hybrid approach could attract more users. Most of them are shying away from going all in on DEXs due to the complexity of traditional DEXs and the inherent risks of impermanent loss. Byreal is currently building on top of the Solana blockchain. This integration would help showcase Solana’s impressive scalability and lightning-fast speeds, leading to increased adoption across the booming DeFi ecosystem. Bybit argues that Byreal offers both consistent liquidity and high speed. It was intentionally architected to be the hybrid of centralized and decentralized exchange paradigms.

Features of Byreal DEX on Solana

Byreal DEX stands out among other DEXs by offering several unique features focused on improving trading efficiency and user experience. Powering Byreal on Solana blockchain provides fantastic throughput and transaction fees under $0.01. When combined together, it makes for an easy to use and powerful trading environment for users. The DEX matches RFQ (Request for Quote) and CLMM (Concentrated Liquidity Market Maker) routing together. This method is intended to deliver trades that are insulated from slippage and MEV. Byreal brings in its proprietary “Reset Launch” mechanism, which aims to provide equitable and orderly token launch mechanism. Additionally, it provides the Revive Vault yield product, which is structured around bbSOL, Bybit’s native implementation of staked Solana.

Unique Aspects of Hybrid Finance

Byreal’s hybrid approach to decentralized finance may be this platform’s most attractive quality. Byreal’s goal in blending aspects of each type of exchange is to provide an experience that gives you the best of both worlds. This includes features like:

  • Centralized Order Matching: Byreal may incorporate elements of centralized order matching to ensure efficient trade execution and minimize slippage.
  • Decentralized Custody: Users retain control of their funds through decentralized custody solutions, enhancing security and transparency.
  • RFQ and CLMM Routing: The combination of RFQ and CLMM routing mechanisms provides traders with greater flexibility and control over their trades, optimizing for both price and execution speed.
  • Fair Token Launches: The "Reset Launch" mechanism ensures a level playing field for token launches, preventing manipulation and promoting broader participation.

Benefits of Using the Solana Blockchain

Bybit selected Solana’s blockchain infrastructure to develop Byreal because it offers exceptional speed and scalability. By 2025, it achieved 100% uptime and a record high of over 65,000 transactions per second. Solana’s unique architecture guarantees transaction confirmations in under a second. It provides low-latency fees, attracting high-frequency trading and other applications that require speed and scalability. By building on Solana, Byreal can offer a superior trading experience compared to DEXs built on slower, more expensive blockchains.

What’s New in 2025: High-Potential Listings

In 2025, Byreal DEX will initial lots new cool token listings. This exciting new initiative will allow users to stay on top of emerging projects and new investment opportunities right from the start. These listings are highly competitive, well-scrutinized by project fundamentals, community support, growth potential. Byreal’s dedication to curating a diverse and high-quality listing ensures users can engage in rewarding trading experiences across various assets.

Upcoming Token Listings

Byreal intends to publish proposals that fit under its innovative and decentralizing vision umbrella. The precise names of the tokens will be kept secret until nearer their launch. These may include:

  • DeFi Protocols: Projects focused on lending, borrowing, yield farming, and other DeFi applications.
  • NFT Projects: Collections and platforms that are pushing the boundaries of digital art and collectibles.
  • Gaming Tokens: Tokens associated with blockchain-based games and virtual worlds.
  • Infrastructure Projects: Projects that are building essential tools and services for the Solana ecosystem.

Impact on the Market

Reals Addition of New Token Listings on by.realByreal solves this problem through building a liquid and accessible trading venue for these tokens. This strategy increases their national visibility and supports more widespread adoption. This can result in improved price discovery and more efficient markets overall.

Public Roadmap Alpha: Future Developments

Bybit’s Byreal DEX will go into testnet by June 30, with a mainnet launch expected in Q3 2025. The proposed public roadmap gives a little insight into Byreal’s overall strategy in terms of developing new features, integrations, partnerships and expanding the ecosystem. This roadmap is intended to provide transparency and enable the community to track the project’s progress.

Key Milestones Ahead

Byreal puts a heavy focus on community engagement and feedback. The development team engages with the user and developer community, soliciting feedback to guide the platform’s development and direction. This includes:

  1. Testnet Launch (June 30, 2025): This will allow users to test the platform and provide feedback before the mainnet launch.
  2. Mainnet Launch (Q3 2025): The official launch of Byreal DEX, making it available to the public.
  3. New Feature Rollouts: Ongoing development and implementation of new features, such as advanced order types, margin trading, and cross-chain compatibility.
  4. Partnerships and Integrations: Collaborations with other projects and platforms to expand Byreal's ecosystem and reach.

Community Involvement and Feedback

4 【benefit Trading new tokens on Byreal DEX provides a number of benefits compared to centralized exchanges. Byreal’s unique hybrid model fuses the advantages of CEX and DeFi, offering users a seamless, user-friendly environment with the speed and efficiency of trading. The DEX works natively on Solana allowing for lightning-fast transaction speeds and minimal fees. With inventive features like RFQ and CLMM routing, it truly minimizes slippage and stops front-running.

  • Community Forums: Online forums where users can discuss Byreal, share ideas, and provide feedback.
  • Bug Bounties: Programs that reward users for identifying and reporting bugs or vulnerabilities in the platform.
  • Governance Mechanisms: Potential future implementation of governance mechanisms that allow token holders to vote on key decisions related to Byreal's development.

Why Trade New Tokens on Byreal DEX?

Bybit has addressed user concerns about its past security incident and discontinued Web3 services, framing Byreal as a strategic pivot towards core product quality and innovation. Byreal’s success hinges on security and user experience, so they’ve built enterprise-grade security directly into the app to ensure user funds and data are safe. The platform is specifically built to be intuitive and user friendly, particularly for those new to DeFi. Byreal’s mission is to create an efficient, fair and secure trading ecosystem for every trader.

Advantages Over Traditional Exchanges

  • Lower Fees: Byreal's Solana-based architecture allows for significantly lower transaction fees compared to Ethereum-based DEXs.
  • Faster Transactions: Solana's high throughput enables near-instant transaction confirmations, improving the overall trading experience.
  • Slippage Resistance: The combination of RFQ and CLMM routing helps to minimize slippage, ensuring that traders get the best possible price.
  • MEV Protection: Byreal's design incorporates mechanisms to protect against Miner Extractable Value (MEV), preventing front-running and other malicious activities.

Security and User Experience

Here’s how to set up your Byreal DEX account — it’s easier than you think. Users can easily connect their Solana wallets to the platform and start trading in seconds. Byreal offers a smooth and easy to learn user interface, along with extensive documentation to help new users get started.

Getting Started with Byreal DEX

This launch of Byreal DEX is more than just another product. It’s the evolution of decentralized finance. By integrating the best features of CEX and DeFi, Byreal offers traders an unparalleled trading experience. We believe that all our users should be secure, efficient, and productive. Byreal offers unique features and deep integration with Solana. With a strong devotion to community engagement, it is on the path to become the main DEX of the Solana ecosystem.

Step-by-Step Guide to Trading

  1. Connect Your Wallet: Connect your Solana wallet (e.g., Phantom, Solflare) to the Byreal DEX platform.
  2. Deposit Funds: Deposit SOL or other supported tokens into your wallet.
  3. Select a Trading Pair: Choose the trading pair you want to trade (e.g., SOL/USDC).
  4. Place Your Order: Enter the amount you want to buy or sell and place your order.
  5. Confirm the Transaction: Review the transaction details and confirm it in your wallet.

Tips for New Users

  • Start Small: Begin with small trades to familiarize yourself with the platform and its features.
  • Use Limit Orders: Use limit orders to control the price at which you buy or sell tokens.
  • Set Stop-Loss Orders: Set stop-loss orders to limit your potential losses.
  • Stay Informed: Keep up-to-date with the latest news and developments in the crypto market.

Byreal DEX represents a significant step forward in the evolution of decentralized finance. By combining the best of CEX and DeFi, Byreal aims to provide a superior trading experience that is both efficient and secure. With its innovative features, Solana integration, and commitment to community involvement, Byreal has the potential to become a leading DEX in the Solana ecosystem.