Byreal Platform Update Reduces LP Costs by 95% and Introduces Social Sharing Features

Byreal, a decentralized exchange incubated by Bybit and built for the Solana ecosystem, has announced a series of platform upgrades aimed at enhancing liquidity efficiency and user experience. These updates include the introduction of Dynamic Tick Array technology, significant product and performance optimizations, and a new social referral feature for Real Farmer, a social liquidity mining system. The announcement was made here.

Since its full public launch in October, Byreal has achieved significant milestones, ranking No. 5 by 30-day fees and revenue on DefiLlama’s DEX on Solana rankings. The platform has recorded over $830 million in cumulative volume and expanded to over 40 partners across various sectors, including RWA, AI, infrastructure, consumer applications, and DeFi.

Dynamic Tick Array: Reducing Costs for Liquidity Providers

Byreal has completed a core upgrade to its Concentrated Liquidity Market Maker (CLMM) contract by introducing Dynamic Tick Arrays. This innovative feature shifts tick initialization from costly bulk creation to efficient on-demand creation, reducing the on-chain cost of opening liquidity provider positions by approximately 95%. This advancement significantly lowers barriers to liquidity provision and enhances participation efficiency on the platform.

New Portfolio Dashboard and Enhanced Performance

The newly launched Portfolio Dashboard offers centralized asset management and strategy review capabilities, allowing users to evaluate their performance as liquidity providers with greater clarity. The interface provides intuitive tools for tracking real-time and cumulative profit and loss (PnL), accumulated and unclaimed fees, and additional earnings metrics such as Copy Bonus rewards.

Byreal has also optimized key modules to enhance core execution performance, resulting in faster trade execution and lower-latency position and status synchronization. These improvements deliver a smoother, lower-latency user interaction for all traders.

Real Farmer: Social Liquidity Mining with New Features

Byreal’s Real Farmer is a social liquidity mining system that enables users to view, share, and replicate top liquidity providers’ strategies with a single click. The recently introduced social referral feature aims to enhance community engagement and boost participation through transparent strategy visualization.

Emily Bao, Head of Spot at Bybit and Founder of Byreal, stated, “Byreal is committed to perfecting the on-chain experience for every trader. Our recent upgrades serve to deepen Byreal’s decentralized liquidity infrastructure within the Solana ecosystem.”

Why This Matters: Impact, Industry Trends & Expert Insights

Byreal, a decentralized exchange built for the Solana ecosystem, has introduced platform updates that reduce liquidity provider costs by 95% and add social sharing features to enhance user engagement.

Recent industry reports indicate significant advancements in decentralized exchanges, including innovations in interoperability, AI integration, and regulatory compliance. These developments are mirrored in Byreal’s upgrades, which aim to improve liquidity efficiency and user experience through technological enhancements and social features.

Insights from FinanceFeeds highlight the transformative impact of Dynamic Tick Arrays on liquidity provision costs. This reinforces Byreal’s efforts to lower financial barriers for users and boost participation on the platform.

Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.