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Bybit targets Q3 launch of new Solana-based DEX Byreal

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Crypto exchange Bybit has launched a new decentralized trading platform, ‘ByStarter,’ built on the Solana blockchain to deliver faster and more cost-efficient transactions. The move signals Bybit’s deeper expansion into the decentralized finance (DeFi) space amid rising demand for high-performance DEX solutions.

The newly unveiled DEX leverages Solana’s high throughput and low fees to offer real-time trading and improved liquidity across a variety of digital assets. Bybit said the platform is designed for experienced traders seeking advanced features with the added security of self-custody.

ByStarter will also integrate native Solana ecosystem tokens and offer cross-chain trading support, aiming to bridge the gap between centralized exchange users and decentralized protocols. The company emphasized that this step reflects its broader strategy to embrace decentralized infrastructure.

Bybit’s entry into the Solana ecosystem comes as interest in non-custodial trading platforms continues to grow. With scalability and transaction speed as key differentiators, ByStarter positions itself as a competitive player in the evolving DeFi landscape.

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