đBybit Goes DeFi with New DEX âByrealâ on Solana
đBybitâs launching its first on-chain DEX, called Byreal, on Solana by end of June 2025.
đ§ CEO Ben Zhou says itâs a CeFi + DeFi hybrid, mixing CEX liquidity with DeFi transparency.
âď¸Itâll run on a dual engine: RFQ + CLMM, aiming for low slippage and tight execution.
đ§ŞBeta tests start this month, with more hybrid finance (HyFi) products teased.
đĽThis move comes after a brutal $1.4B hack earlier in 2025âBybitâs bouncing back on-chain.