This paper presents a high‐speed simultaneous bidirectional transceiver (SBT) for on‐chip wireline communications. A MOS hybrid transistor is utilized to split the received data from the superimposed signal at both ends of the on‐chip interconnection with the assistance of two drivers, namely main and auxiliary. Moreover, a high‐pass filter (HPF) is used as a differentiator to generate the echo cancelation signal. Consequently, the echo‐cancelation for simultaneous bidirectional signaling (SBS) is realized by the combination of the hybrid device and the differentiator. The proposed SBT has been designed and evaluated using 28‐nm CMOS technology over a narrow 5‐mm on‐chip interconnection, which possesses 11.9‐dB loss at the Nyquist frequency (half a bit rate). The energy‐efficiency of the proposed full‐duplex transceiver (FDT) for 20‐Gbps simultaneous bidirectional data transmission is 0.147 PJ/b/mm. The performance results show that the proposed SBT has better overall performance compared to the previous architectures reported in the literature to date. The layout of the presented SBT occupies a low area of 1574 μm2.