At the Solana APEX event, three pivotal figures in the crypto industry shared their visions for the future of decentralized finance (DeFi) and introduced the Byreal project.
Lily Liu’s Vision for the Future of DeFi
Lily Liu, President of the Solana Foundation, opened the discussion with a broad vision for the future of the Solana ecosystem. She highlighted the platform’s ambitions to create foundations for capital markets, citing the opportunities for tokenized equities in her announcement about the xStocks project. Liu identified a significant trillion-dollar opportunity in a future where assets intersect between centralized and decentralized financial systems.
Bybit’s Move Towards TradFi and Web3 Synergy
Ben Zhou, CEO of Bybit, emphasized the importance of the synergy between centralized and decentralized finance. He reported on obtaining the MiCAR license in Europe and the expansion of Bybit’s platform capabilities, including traditional financial instruments such as indices and forex. Central to the discussion was the Byreal project, developed to meet the need for deep onchain liquidity.
Byreal’s Mission in the Onchain Ecosystem
Emily Bao, founder of Byreal, presented the project as a permissioned DEX on Solana, focusing on high-value assets and real trading infrastructure. She stated that 'a great exchange doesn’t just facilitate transactions—it reveals value.' Byreal aims to bridge fragmented liquidity and provide institutional-grade execution in the onchain space.
The event made it clear that the future of onchain capital markets is linked with deep integrations and the need for unifying different financial approaches to create a cohesive ecosystem.