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Decentralized exchanges (DEXs) have seen rapid growth as traders seek greater transparency and more control over their assets. However, DEXs can be slow and illiquid, particularly when compared to centralized exchanges (CEXs) like Bybit.
Now, a new solution is emerging: hybrid finance — a mix of CEX speed and liquidity with the self-custody and transparency of decentralized finance (DeFi). Bybit is joining this shift with Byreal, a fully on-chain DEX built on the fast and low-cost Solana blockchain.
Key Takeaways:
Byreal, Bybit’s first decentralized exchange, is built to deliver CEX-grade speed and DeFi transparency.
Built on Solana, Byreal combines RFQ and CLMM routing to power low-slippage, MEV-protected trading.