Byreal, a new decentralized finance (DeFi) platform, officially launched with key support from crypto exchange Bybit and the Solana Foundation. The platform is built on the Solana blockchain and focuses on bridging the gap between token speculation and real asset value by bringing tokenized real-world assets on-chain. Byreal aims to become a primary liquidity infrastructure supporting asset discovery, trading, and yield generation.
Byreal offers a decentralized exchange (DEX) with centralized exchange (CEX)-grade execution speeds, a launchpad for new token projects designed to prevent inefficient airdrop farming, and a vault system for yield generation within the Solana ecosystem. Its smart-routing engine enables gasless, zero-slippage trading with millisecond-level execution, enhancing capital efficiency and liquidity.
While incubated by Bybit, Byreal operates independently and is not part of Bybit’s product offerings globally or in European markets. It also introduces bbSOL, a liquid staking token, expected to increase Solana’s ecosystem activity and liquidity. Byreal’s testnet is live with a mainnet launch scheduled for late Q3 2025.
This initiative reflects an increasing effort by Solana and centralized exchanges like Bybit to integrate traditional financial assets and market infrastructure into blockchain technology, potentially reshaping DeFi’s role by combining the strengths of CEX liquidity and DeFi transparency in a hybrid finance model.