PANews reported on June 15 that the first on-chain DEX project Byreal incubated by Bybit will be launched at the end of this month, according to an official announcement. Born in the Solana ecosystem, Byreal aims to unify decentralized liquidity by combining CEX-level liquidity with DeFi native transparency. Byreal adopts RFQ + CLMM routing design to provide low slippage, MEV-protected Swap exchange transactions. The Byreal testnet will be launched on June 30, and the mainnet will be launched in the third quarter of 2025.