Bybit Launches Onchain DEX Byreal on Solana

• Lyla Velez
• June 15, 2025

Ben Zhou emphasizes merging centralized exchange liquidity with decentralized finance to enhance trading activity.

Bybit CEO Ben Zhou Launches Byreal on Solana in June 2025

The launch of Byreal marks Bybit’s first venture into the decentralized exchange space. The platform is set to debut on Solana, targeting enhanced liquidity and trading on the blockchain. No official funding details or participating institutions have been disclosed.

Byreal Aims to Boost Solana’s DeFi Sector

Byreal’s rollout brings together Bybit’s expertise and Solana’s blockchain infrastructure. The exchange aims to attract high-demand assets and potentially incorporate ETH and BTC trading pairs. Bybit looks to address declining DEX volumes with this launch.

Byreal’s launch is a strategic move to bridge the gap between centralized and decentralized trading paradigms. — Ben Zhou, CEO, Bybit

The launch is expected to positively impact Solana’s DeFi ecosystem, aiming for increased user engagement and transactional activities. Bybit’s entry into Decentralized Finance reflects broader trends of bridging centralized capabilities with decentralized innovation.

This move could potentially enhance Solana’s status among blockchain platforms. With anticipated liquidity increases and Byreal’s hybrid model, the exchange might catalyze further DEX ecosystem growth and innovation.

Projections indicate a significant boost to Solana’s DeFi sector, with increased trading volumes and user participation. Byreal’s hybrid model might set a precedent in DEX development, promoting innovation while maintaining centralized liquidity strengths.

Analysts note that Byreal could bridge the gap between DEX declines and CEX liquidity demands. Solana’s current DEX activity, already notable, may rise considerably if Byreal manages to capture its intended market and trading volume.