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,...
Bybit's launching a DEX called Byreal. Okay, fine. Built on the Solana blockchain and designed to bring you a flavor of "true hybrid finance" – CEX liquidity with DeFi transparency. Testnet this June, mainnet next year. Yawn.Or how about that little security breach where Bybit supposedly lost $1.4 BILLION? Oh...
Imagine a world where talent isn't stifled by gatekeepers, where creativity isn't choked by exorbitant fees. That's the promise of decentralized finance (DeFi), and Bybit's new DEX, Byreal, built on Solana, could be a significant step towards realizing it, especially for emerging artists in places like Southeast Asia.Forgotten Voices, Finally...
Bybit, a leading competitor among centralized exchanges (CEX), is shaking things up on the decentralized finance (DeFi) scene. What’s new from their global HQ home base in Singapore is the decentralized exchange (DEX) they’ve launched, called Byreal. Byreal operates on the Solana blockchain. Further, it brings together the most desirable...
Bybit, one of the largest cryptocurrency exchanges in the world, today announced plans to launch Byreal, a new on-chain decentralized exchange (DEX). Incubated entirely by Bybit, Byreal is set to launch on the Solana blockchain before the end of June. The launch represents an important move in Bybit’s strategy. One...
So, Bybit's launching a DEX called Byreal. Built on Solana, it boasts CEX-level liquidity with the transparency of DeFi. Sounds ambitious, especially considering their recent… restructuring. Is this really a phoenix emerging from the rubble of a $1.4 billion security breach? Or just changing the deck chairs on Titanic 2.0?Hybrid...
Southeast Asia. A vibrant tapestry of cultures, a hotbed of entrepreneurial spirit, and a sleeping giant when it comes to DeFi adoption. Why sleeping? Because the truth is that today’s DeFi environment, quite honestly, seems like it was built to keep them out. High gas fees on Ethereum? Crippling. Complex...
