Competition Between Exchanges Is Increasing: Binance's Recently Introduced Feature Has Been Announced!

The CEO of the Crypto exchange Bybit, Ben Zhou, announced that Byreal, the first on-chain decentralized exchange incubated by the company, will be launched by the end of this month.

According to the CEO's claim, Byreal, built on the Solana network, offers a hybrid structure that combines liquidity at the centralized exchange level of (CEX) with the transparency of the DeFi world.

In his statement, Zhou argued that Byreal is not just another DEX, and used the following statements:

"Byreal combines CEX-quality liquidity with the transparency of DeFi. This is a real example of hybrid finance. There are also projects on the way where CEX and DEX will be launched together in the future."

One of the most notable aspects of Byreal is its price teklifi( on RFQ )talep and its liquidity market yapıcısı(-based guidance system )yoğunlaştırılmış CLMM. Thanks to this structure, users will be able to perform detachable değer( protected transactions )maksimal MEV with low slippage.

Ben Zhou also added:

"We started from zero and now we were born on Solana. Byreal provides unified liquidity and high transaction speed. It was developed by a small but dedicated team, and I am proud of it."

Binance recently enabled the trading of listed altcoins on decentralized cryptocurrency exchanges with its Binance Alpha feature.

*This is not investment advice.

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