Byreal is a decentralized exchange built on Solana. It combines features of centralized and decentralized trading systems. Byreal uses RFQ (Request for Quote) and CLMM (Concentrated Liquidity Market Maker) routing to provide access to liquidity and reduce slippage. The exchange is designed to connect onchain trading with the liquidity of centralized platforms, offering MEV protection for swaps. A testnet launch is planned for June 30, with the mainnet expected in the third quarter of 2025.