Byreal has launched a groundbreaking decentralized finance (DeFi) platform built on the Solana blockchain, enabling seamless trading of tokenized real-world assets. Designed to combine the speed and efficiency of centralized exchanges with the transparency and control of DeFi, Byreal delivers high-performance, gasless trading experiences protected against Miner Extractable Value (MEV) exploits. With its testnet already live as of June 30, the mainnet launch is scheduled for Q3 2025, marking a pivotal step in bridging traditional finance with blockchain innovation.
Backed by Bybit and supported by the Solana Foundation, Byreal targets both retail and institutional investors seeking reliable, scalable, and secure access to digital asset markets.
A Hybrid Model Redefining DeFi Trading
Byreal’s architecture introduces a hybrid approach that merges the openness of decentralized protocols with the deep liquidity typically found in regulated financial markets. At the core of this innovation is a smart-routing engine that integrates Request for Quote (RFQ) systems with Concentrated Liquidity Market Maker (CLMM) models. This dual mechanism ensures users receive optimal pricing with near-instant execution—quote times consistently under 200 milliseconds—while eliminating gas fees during trades.
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This performance benchmark is made possible by Solana’s high-throughput infrastructure, capable of processing over 65,000 transactions per second at negligible cost. Unlike many blockchains that struggle with congestion and high fees, Solana offers a stable foundation for real-time financial applications—making it ideal for asset-intensive platforms like Byreal.
The platform enables trading of tokenized versions of real-world assets through a strategic partnership with Backed Finance and its xStocks protocol. Users can gain exposure to blue-chip equities such as Apple and Tesla without leaving the decentralized ecosystem. These tokenized assets are fully backed and compliant, offering global investors accessible entry points into traditional markets via blockchain technology.
Ben Zhou, co-founder of Bybit, emphasized the vision: “Byreal brings together the comfort of a centralized exchange and the visibility of DeFi, setting a new standard in hybrid finance.” The goal is clear—to create a unified gateway where institutional-grade execution meets open, transparent markets across multiple asset classes.
Core Features Driving Transparency and Yield
Byreal isn’t just about trading; it’s about reimagining how value flows across digital and traditional financial systems. The platform will roll out three flagship products designed to enhance fairness, participation, and yield generation:
1. Decentralized Exchange (DEX)
A high-speed DEX optimized for tokenized real assets, offering deep liquidity pools and MEV-resistant trade routing. Built for speed and security, it supports instant settlements without compromising decentralization.
2. Reset Launch
A fair-launch incubator for new projects featuring two key innovations:
- Smart Price Ladder: Prevents price manipulation during initial offerings.
- Fairshare Engine: Ensures equitable distribution of tokens, eliminating predatory sniping or bot-dominated airdrops.
Reset Launch aims to level the playing field for early-stage investors, promoting community-driven growth over speculative exploitation.
3. Revive Vault
Yield-generating vaults powered by dynamic strategies, including exclusive options for bbSOL, Bybit’s native staked Solana token. These vaults aggregate both on-chain and off-chain yield streams, allowing users to maximize returns while maintaining capital efficiency.
With an intuitive interface, Byreal consolidates trading, launching, and yield farming into one seamless experience—empowering users to manage all aspects of their digital portfolio from a single hub.
Lily Liu, President of the Solana Foundation, praised the collaboration: “Byreal is building critical liquidity infrastructure that aligns with Solana’s mission—bringing capital market assets on-chain with efficiency and accessibility as top priorities.”
Competing in a Crowded DeFi Landscape
The decentralized exchange space is highly competitive. According to DefiLlama, Uniswap leads with over $5.01 billion in Total Value Locked (TVL), followed by Curve and PancakeSwap. On Solana specifically, Raydium dominates with 55% of the DEX volume share, contributing to the network’s $1.56 billion in decentralized trading volume.
Yet Byreal’s hybrid model presents a compelling alternative. By combining off-chain order books with on-chain settlement and leveraging Solana’s unmatched scalability, it achieves deeper liquidity depth and faster execution than traditional AMM-based platforms. This positions Byreal not just as another DEX—but as a next-generation financial infrastructure layer.
👉 See how next-gen DeFi platforms are reshaping asset ownership and access.
Strategic Shift After Bybit’s 2025 Security Incident
The development of Byreal follows a major strategic pivot after Bybit suffered a $1.4 billion security breach in February 2025—an event that led to the shutdown of its Web3 services, including NFT marketplaces and wallet offerings. In response, Bybit refocused its efforts on core financial infrastructure, prioritizing stability, compliance, and long-term utility.
Byreal represents this renewed focus: a streamlined, resilient platform built on Solana’s proven track record of zero downtime in 2025 and growing institutional adoption. As more traditional finance players explore blockchain integration, Solana’s performance and reliability make it a preferred choice for mission-critical applications.
Frequently Asked Questions (FAQ)
Q: What are tokenized real-world assets?
A: Tokenized assets are blockchain-based representations of physical or traditional financial instruments—like stocks, bonds, or commodities—that allow fractional ownership and 24/7 trading with transparent settlement.
Q: How does Byreal achieve gasless trading?
A: By using off-chain order matching combined with on-chain settlement, Byreal sponsors transaction fees for users, enabling seamless trades without requiring users to hold SOL for gas.
Q: Is Byreal fully decentralized?
A: It operates as a hybrid platform—offering DeFi-like transparency and user control while incorporating centralized liquidity sources for enhanced performance and price stability.
Q: Can I trade U.S. stocks like Apple or Tesla on Byreal?
A: Yes, through integration with Backed Finance’s xStocks protocol, users can trade tokenized versions of major equities directly on the platform.
Q: What is MEV protection, and why does it matter?
A: MEV (Miner Extractable Value) refers to profit opportunities gained by reordering transactions. Byreal’s architecture minimizes these risks through smart routing and private order flows, ensuring fair execution for all users.
Q: When will the mainnet launch?
A: The mainnet is planned for release in Q3 2025, following successful testnet operations since June 30.
Final Thoughts: The Future of Hybrid Finance
Byreal stands at the intersection of innovation and practicality. Its fusion of centralized liquidity with decentralized settlement offers a realistic path toward mass adoption—one where performance doesn’t come at the cost of transparency.
As Solana continues to attract institutional interest and expand its ecosystem, platforms like Byreal will play a crucial role in bringing traditional assets on-chain. With robust infrastructure, user-centric design, and a clear vision for fair finance, Byreal may well set the standard for what hybrid DeFi can achieve.
👉 Explore the future of asset tokenization and decentralized trading today.