The Byreal platform, focused on the liquidity of real assets, officially announced its launch. Collaborating with Bybit and Solana Foundation, Byreal seeks to create a distributed financial system.
Goals and Principles of Byreal
Byreal aims to establish an open and transparent financial system. The platform offers access to a unified blockchain-based economy for both professional and retail investors, countering short-termism and unrealistic promises that have become commonplace in the DeFi space. The core principles of Byreal include:
* Builder-first: supporting quality projects through curated listings. * Trader-centric: offers execution on par with centralized exchanges while adhering to DeFi values. * Liquidity-deep: bridging blue-chip and real-world assets with Solana’s capabilities.
Byreal Products
Byreal introduced three flagship products:
1. **Byreal DEX**: a decentralized exchange powered by a smart routing engine, enabling fast trades without gas costs or slippage.
2. **Reset Launch**: a launchpad with features like Smart Price Ladder, allowing access to high-quality IDOs with transparent conditions.
3. **Revive Vault**: offers yield strategies with integration on and off the blockchain, allowing users to efficiently manage capital across Solana.
Community Response and Launch
Byreal’s founder, Emily Bao, emphasized the platform's importance in providing liquidity and the ability to find real markets for assets. She stated, "A great exchange doesn't just facilitate transactions—it helps the world discover true value." Ben Zhou, co-founder of Bybit, added that the future of trading lies in the seamless integration of centralized and decentralized exchanges. Lily Liu, president of Solana Foundation, confirmed that Byreal's goals align with Solana’s long-term strategy. Byreal’s testnet is already live, with the mainnet launch scheduled for late Q3 2025.
Byreal defines a new era in DeFi, offering products that enhance access to real assets and increase liquidity, opening new opportunities for investors.
