# Byreal

> Track Byreal's active users and trading volume with daily on-chain data. Compare Byreal with other exchanges (DEX). See charts and datasets in one place.

Source: [Byreal on Token Terminal](https://tokenterminal.com/explorer/projects/byreal). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Exchanges (DEX)
- Chains: solana

## About

### What it is

Byreal is a decentralized exchange and real-asset liquidity hub on Solana, live since mid-2025. Its core venue is a concentrated liquidity market maker (CLMM) in which liquidity providers place capital within chosen price ranges on discrete ticks, alongside RFQ liquidity for selected pairs, a token launchpad, and perpetuals and prediction markets powered by third-party venues. It describes itself as a CEX-grade DEX on Solana.

### Who uses it

Byreal is a Solana DEX incubated by Bybit, one of the largest centralized cryptocurrency exchanges by trading volume. It combines on-chain trading and liquidity infrastructure with connections across the Bybit ecosystem; there is no governance token.

### How it works

Byreal earns from swap fees in its concentrated-liquidity pools. Each pool carries a fee tier paid by traders, shared between the liquidity providers of the pool and the protocol. Swaps reach the pools through Byreal's own router and through DEX aggregators.

## Metrics

Token Terminal tracks these metrics for Byreal daily. Each page has a chart with the full history.

- [Trading volume](https://tokenterminal.com/explorer/projects/byreal/metrics/trading-volume)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/byreal/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/byreal/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/byreal/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/byreal/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/byreal/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/byreal/metrics/active-addresses-monthly)
- [Trade count](https://tokenterminal.com/explorer/projects/byreal/metrics/trade-count)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/byreal/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/byreal/metrics/gas-used)
- [Average trading volume (per trade)](https://tokenterminal.com/explorer/projects/byreal/metrics/trading-volume-avg-per-trade-count)
- [Average trading volume (per user)](https://tokenterminal.com/explorer/projects/byreal/metrics/trading-volume-avg-per-user)

## Links

- [website](https://www.byreal.io/)
- [twitter](https://twitter.com/byreal_io)