Bybit targets Q3 launch of new Solana-based DEX Byreal

Crypto exchange Bybit is launching Byreal, a hybrid decentralized exchange on Solana that combines centralized exchange liquidity with DeFi transparency.

Crypto exchange Bybit has announced that it aims to release its new Solana-based decentralized exchange Byreal in the third quarter, with a testnet version coming out at the end of June.

In an X post on Sunday, company chief executive Ben Zhou added that what makes the new exchange special is that it has CEX (centralized exchange) and DEX synergy.

“Byreal isn’t just another DEX,” he said, adding that it combines “CEX-grade liquidity with DeFi-native transparency.”

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