币圈网报道：This article introduces the competition between decentralized exchanges (DEX) in the Solana ecosystem, especially the competition between Byreal launched by Bybit and Solana's existing Raydium. As a hybrid on-chain liquidity protocol extended from a centralized exchange, Byreal is scheduled to go online in the third quarter of this year, aiming to provide traders with a Solana-native trading experience. At the same time, the article focuses on Bitcoin Pepe (BPEP), a second-layer protocol based on the Bitcoin network that combines Bitcoin's liquidity and security with Solana's scalability, and is committed to promoting the development of the Bitcoin DeFi ecosystem. BPEP has raised $15 million and is about to be listed on multiple centralized exchanges, attracting a lot of investor attention. The article points out that despite the fierce competition and declining trading volume of Solana's DEX, Bitcoin DeFi may become the mainstream in the future, and BPEP is expected to become the representative of the Bitcoin DeFi revolution. The article ends by reminding readers that this article is sponsored and is for information reference only.