#Bybit Launches #Solana #DEX Byreal With CEX-Grade Liquidity Integration
Bybit is targeting a Q3 2025 mainnet launch for Byreal, its hybrid decentralized exchange on the #Solana blockchain.
The platform combines centralized exchange liquidity with DeFi transparency through advanced routing technology.
The testnet version launches June 30, featuring RFQ and CLMM routing for low-slippage, MEV-protected swaps.
Byreal enters a competitive DEX market where Uniswap leads with $4.9 billion in TVL and 24% market share.
Total DEX TVL sits at $20.3 billion, down 75% from the November 2021 peak of $80 billion.
#Raydium currently dominates the Solana DEX space with $1.7 billion in TVL and 55% ecosystem market share.
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