Byreal

Byreal is a liquidity layer incubated by Bybit exchange, designed to deliver a genuine, transparent, and open financial world. 

Through its Reset Launch launchpad, it aims to deliver users a revolutionary IDO experience by employing unique eligibility and allocation models. Among other IDO launchpads, it stands out the most with:

• Price ladder: Enables users to bid from a variety of price points, giving them greater flexibility over the token purchase options;
• Multiple Price-based allocations: Byreal allows users to participate in IDOs via multiple price points and deploy multiple investing strategies at the same time;
• Fairshare engine: The launchpad aims to reward those investors who are more involved in sales, giving bigger allocations to users who deposit more in each price tier. 
• Unique WL allocations: Considering the experience with the Fragmetric token sale, Byreal provides infrastructure to create unique allocation models, whitelisting the most active crypto community members. 

On top of the launchpad, Byreal builds its own decentralized exchange and yield generator on the Solana chain. As of July 2025, there is no live product, but it is most likely that the DEX and yield generator will be offering on its platform not only default currencies but also the launched tokens as well.  

Read more about the Byreal features in its docs.

Byreal whitelist: To participate in the IDO sales on Byreal launchpad, you have to acquire a whitelist from the DEX by being chosen from multiple partner protocols, or meet requirements for the separate sales, such as holding Fragmetric F Points or Inc. NFT. 

Our team assumes that, as the platform emerges and introduces its own DEX and LP protocol, it is also possible that whitelisting requirements might include DEX trading volume and liquidity provision on Byreal DEX. 

Considering rising attention among the crypto community towards the launchpad, the CoinLaunch team conducted an in-depth research on Byreal:

✅ Byreal pros:

• Interesting, unique allocation model;
• Incubated by Bybit;
• Diverse network of partners;
• Decent spectrum of B2B and B2C services.

❌ Byreal cons:

• Most of the protocol’s features haven't been released yet;
• No finished IDO with performance stats (ROI, ATH ROI) yet;
• Weak project support score due to the lack of information about the project assistance;
• No info about the team;
• The qualification rules for the launchpad are not clear as of now.