Byreal

Byreal is a new on-chain liquidity network designed for the next wave of assets, built on Solana. It enables the transparent listing, discovery, and trading of real values, and is launched by Bybit. This network combines the liquidity of CEX (Centralized Exchange) platforms with the inherent transparency of DeFi (Decentralized Finance) protocols. Byreal will feature unified liquidity and high speeds, and will utilize RFQ (Request for Quote) and CLMM (Centralized Liquidity Market Maker) routing mechanisms.