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    You are at:Home»Tech»Crypto & Blockchain»Bybit to Launch Byreal DEX On Solana With Hybrid CEX-DeFi Model
    Crypto & Blockchain

    Bybit to Launch Byreal DEX On Solana With Hybrid CEX-DeFi Model

    newsworldaiBy newsworldaiJune 16, 2025No Comments3 Mins Read0 Views
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    Bybit to Launch Byreal DEX On Solana With Hybrid CEX-DeFi Model
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    The Crypto Exchange Bible has announced that it aims to release its new Solana -based विकेंद्रीकृत Exchange Bairle in the third quarter, which has revealed a test net version in late June.

    https://www.tiqets.com/en/new-york-new-york-hotel-casino-tickets-l235895/?partner=travelpayouts.com&tq_campaign=bc55a31e7f434e4ab93246c49-615741

    In an X -post on Sunday, the company’s chief executive Ben Chou added that what makes the new exchange special is that it has CEX (Centralized Exchange) and Dex in harmony.

    “Byriel is not just another dex,” he said, adding that “CEX grade liquidity has been linked to local transparency.”

    “The real hybrid finance looks like,” he said.

    “We are building a high expansion of global exchange, and the CEX grade liquidity is connecting the defense with local transparency,” the team said.

    This is official. Byriel is here

    Inkobed @Babat_FicillBorn @Solana.

    Bairil is a new upper liquidity network for the next wave of assets. Where the real value is listed, discovered, and transparently traded. pic.twitter.com/sedokdzckw

    – Byriel (@BIRIL_U) June 15, 2025

    Made bales with advanced routing

    Zhou said that the Bairle would have “united liquidity and speed” and was designed with RFQ (excerpt application) and CLMM (concentrated liquidity market maker) routing.

    “Byrheel provides users with low skipped and MEV safe changes,” he said.

    The RFQ occurs when a buyer or seller requests one or more sources to enter the price so he can find the best price. CLMM allows liquidity providers to focus their capital within specific prices, where they expect trade incidence, which produces more deep liquidity around the current market price.

    Related: The Bible denies the school’s promo charges on 4 1.4m listing fees, x

    The Bible Dex enters the crowded market

    According to Defilama, the Bible Dex is entering the competitive market for decent exchange with UNISVAP as the market leader is closed at a total price of 24 % and $ 99 billion.

    Curved dex and pancakes are locked at a total price of $ 1.9 billion and $ 1.7 billion, respectively.

    The Dax TVL is $ 20.3 billion, which is 75 % lower than its $ 80 billion peak in November 2021.

    Dax TVL has been flat for the past 3 years. Source: Defilema

    Solana Dax View

    Although solana has been mainly used for mint and trade lambs, there are numerous decentralization exchange on the network.

    It has the largest ridium, with a $ 1.7 billion in TVL and 55 % of the total total of total closed in Solana ecosystem.

    The use of raids increased in January when the Memcowine trader arrived in Dex to trade the token from the Pump.Phone Market Place. However, the volume has increased by 88 % since then, Defelma reported.

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