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Bybit has unveiled Byreal, a Solana-based decentralized exchange (DEX), marking its boldest move into DeFi yet. The platform aims to merge centralized liquidity with decentralized transparency, targeting key pain points for traders.
- Byreal integrates CEX liquidity with DeFi transparency using RFQ and CLMM routing to address slippage and MEV risks.
- The platform introduces innovative features like a 'Reset Launch' for fair token distribution and a Revive Vault yield product.
- Bybit's Solana-based DEX launch follows a $1.4 billion hack, aiming to rebuild trust and compete in the growing CeDeFi space.
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