Byreal
Byreal is a Solana-based decentralized exchange incubated by Bybit that offers zero-gas spot trading, perpetual futures for real-world assets, and onchain prediction markets to global DeFi traders and liquidity providers.
- Company typePrivate
- Founded2025
- Headquarters—
- Headcount—
- GTM typeB2C
- OfferingSoftware
What Byreal does
Byreal is a decentralized exchange (DEX) built on the Solana blockchain and incubated by Bybit, providing spot trading, perpetual futures for real-world assets, and prediction markets under a unified on-chain execution layer. The platform serves DeFi traders, liquidity providers, and AI agent operators globally through a self-serve, permissionless model with zero gas fees, and differentiates through AI-powered automated liquidity provider tools, a proprietary Prop AMM with dynamic fee structures, and OpenClaw-based AI agent integration.
The company launched its mainnet on Solana in October 2025 and reached over $1 billion in cumulative trading volume within approximately 10 weeks, ranking within the top 10 Solana DEXs by TVL and trading volume. The product surface has expanded rapidly: Byreal Predict, an onchain prediction market platform, launched in June 2026 timed to the 2026 FIFA World Cup, with stated plans to extend into financial and macroeconomic event markets. Additional 2026 roadmap items include 24/7 perpetual futures trading for real-world assets and a cross-chain liquidity bridge delivered via the Mantle Super Portal partnership.
Byreal's revenue is generated through transaction fees on trades executed across its DEX, with no publicly disclosed pricing or fee schedule. The company's go-to-market is product-led, relying on event participation at major crypto conferences (Solana Breakpoint, Solana Accelerate APAC, Consensus), hackathon sponsorships (Turing Test Hackathon 2026 with a $120,000 prize pool), and ecosystem partnerships with Bybit, Mantle, Tencent Cloud, Animoca Brands, Mirana Ventures, Nansen, and the Blockchain for Good Alliance. Geographic restrictions apply in certain regions but the platform is otherwise globally accessible via a self-serve web interface.
Byreal firmographics
Firmographics- Name
- Byreal
- Website
- https://byreal.io
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Short description
- Byreal is a Solana-based decentralized exchange incubated by Bybit that offers zero-gas spot trading, perpetual futures for real-world assets, and onchain prediction markets to global DeFi traders and liquidity providers.
- Ownership category
- akta.pro rank
Byreal industry classification
Industry- Product category
- Decentralized Exchange (DEX)
- NAICS
- Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Spot AMM DEXs (FSADABAA)
- akta.pro secondary industries
- Perpetuals & Derivatives DEXs (FSADABAE), DEX Liquidity Provision & Market-Making Protocols (FSADABAI), Decentralized Exchanges (DEX) & AMMs (FSAPADAB)
Keywords
Byreal business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- DEX Trading Fees: Byreal generates revenue through transaction fees collected on trades executed through its decentralized exchange platform on Solana. As a DEX, the platform takes a percentage of each trade as fees.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Byreal product offering
Product offeringCore offering
Byreal operates a decentralized exchange (DEX) built on the Solana blockchain that combines centralized-exchange-grade liquidity with permissionless DeFi access. Its core offering includes spot trading, AI-powered automated liquidity-provider tools, a proprietary automated market maker (Prop AMM) with dynamic fees, 24/7 perpetual futures for real-world assets, and an on-chain prediction market platform (Byreal Predict) covering sports, financial, and macroeconomic events.
Product overview
Byreal is a decentralized exchange (DEX) built on Solana and incubated by Bybit, functioning as a unified on-chain trading infrastructure with multiple specialized modules. The core product is the Byreal DEX, which provides spot trading and perpetual futures for real-world assets, augmented by Byreal Predict — a dedicated on-chain prediction market platform for sports, financial, and macroeconomic outcomes. The 2026 roadmap adds AI-powered automated LP tools and a Prop AMM model with dynamic fees to deepen liquidity infrastructure across the platform.
Differentiator
Problem solved
Functional benefit
Brands
- Byreal Predict: An onchain prediction market platform that allows users to trade outcomes for sports events and plans to expand into financial and macroeconomic markets.
Products and services
- Byreal DEX A decentralized exchange built on Solana and incubated by Bybit that serves as a foundational liquidity layer for internet capital markets. It offers spot trading, perpetual futures for real-world assets, and prediction markets under a unified execution layer, with zero gas fees and AI-powered LP automation. Targeted at individual DeFi traders, liquidity providers, and crypto users globally.
- Byreal Predict An on-chain prediction market platform that enables users to trade outcomes of events. Built atop the Byreal DEX infrastructure. Targeted at crypto traders and prediction market participants.
Quantifiable outcome
- $1 billion trading volume in 10 weeks post-launch
- +1 more outcomes
Companies that use Byreal
Customer profileSegments2 records
Ideal customer profiles2 records
Byreal technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature6 records
Byreal partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Blockchain for Good Alliance (BGA)minorCo-host of the Turing Test Hackathon 2026 alongside Mantle, Bybit, and Byreal. The hackathon focuses on AI agent benchmarking on-chain.
- MantlecoreBybit, Mantle, and Byreal launched Mantle Super Portal, a cross-chain infrastructure extending $MNT token from Ethereum to Solana. The integration enables seamless token bridging and access to Solana-native DeFi markets, allowing users to access Byreal's DEX, stake $MNT in incentive pools, and participate in trading programs.
- Tencent CloudminorSponsor of the Turing Test Hackathon 2026. Provides cloud infrastructure support for the AI agent benchmarking competition.
- NansenminorJudge and ecosystem partner for Turing Test Hackathon 2026, providing blockchain analytics expertise.
Scale indicators3 records
Recent moves1 record
Expansion highlights5 records
Byreal competitors and assessment
Company assessmentDirect peers
- Hyperliquid: Leading perpetual futures DEX with deep liquidity and an order-book model. Directly comparable to Byreal's perpetual futures product line and target audience of active on-chain derivatives traders.
- Jupiter: Solana's dominant DEX aggregator and liquidity routing layer. Directly comparable to Byreal as both target Solana-based DeFi traders; Jupiter aggregates liquidity while Byreal operates its own AMM and perpetuals, competing for the same trading flow on the same chain.
- Raydium: Leading AMM DEX on Solana with concentrated liquidity and an on-chain order book. Directly comparable to Byreal as a spot AMM DEX on Solana targeting the same DeFi trader and LP user base.
- Orca: Solana-native AMM DEX with concentrated liquidity and a user-friendly UX focus. Directly comparable to Byreal as a competitor spot AMM DEX on Solana targeting retail DeFi users.
- Meteora: Solana DEX protocol offering dynamic fee pools and liquidity infrastructure. Directly comparable to Byreal given both emphasize dynamic fee AMM architecture and LP optimization, targeting similar Solana liquidity providers.
- Drift Protocol: Solana-based perpetual futures DEX. Directly comparable to Byreal's perpetual futures offering and shared Solana DeFi trader audience, with overlap in on-chain derivatives products.
- Polymarket: Dominant on-chain prediction market for event-based trading. Directly comparable to Byreal Predict as both operate prediction markets on event outcomes, though on different chains.
Broad incumbents
- Uniswap: Largest AMM DEX across EVM chains. Comparable to Byreal in core AMM mechanics and DeFi trader audience, but operates primarily on Ethereum/L2s rather than competing directly on Solana.
- PancakeSwap: Multi-chain AMM DEX with spot, perpetuals, and prediction markets across BSC, Ethereum, and other chains. Comparable to Byreal's full product suite (AMM + perps + predictions), though operating in different chain ecosystems.
- dYdX: Established decentralized perpetuals exchange with significant volume. Comparable to Byreal's perpetuals business on product and customer overlap, but operates on its own appchain with broader derivatives focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Byreal social profiles
Digital presenceByreal financial estimates
Financial estimateRevenue estimate
Valuation estimate
Byreal leadership team
Management profileNumber of profiles
Profiles1 record
Byreal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Byreal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Byreal
What does Byreal do?
Byreal operates a decentralized exchange (DEX) built on the Solana blockchain that combines centralized-exchange-grade liquidity with permissionless DeFi access. Its core offering includes spot trading, AI-powered automated liquidity-provider tools, a proprietary automated market maker (Prop AMM) with dynamic fees, 24/7 perpetual futures for real-world assets, and an on-chain prediction market platform (Byreal Predict) covering sports, financial, and macroeconomic events.
Is Byreal a public or private company?
Byreal is a private company. It is classified as corporate owned and is currently operating.
When was Byreal founded?
Byreal was founded in 2025.
How does Byreal make money?
One revenue line is on record: DEX Trading Fees.
Who are Byreal's main competitors?
Direct peers on record are Hyperliquid, Jupiter, Raydium, Orca, Meteora, Drift Protocol and Polymarket. Broad incumbents are Uniswap, PancakeSwap and dYdX.
Does Byreal have an API?
No public API is recorded for Byreal.
What industry is Byreal in?
Byreal's product category is Decentralized Exchange (DEX). Its primary akta.pro industry code is FSADABAA, Spot AMM DEXs, with a secondary code of FSADABAE, Perpetuals & Derivatives DEXs. Its NAICS code is 523210 and its SIC code is 6200.