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Hibachi

Hibachi

Orderbook
Ethereum L2
Trade on Hibachi →

24h Volume

$18.8M

+46.6% 24h

Open Interest

$3.8M

Fee

0.010%Maker
0.040%Taker
Markets15
Leverage50×
CollateralUSDC
Funding1h

Hibachi — Daily Volume

Mar 2026 — May 2026 · 83 days

About Hibachi

Perp DEX with a fast matching engine and focus on professional trading features including advanced order types.

Pros

  • Advanced order types
  • Fast matching
  • Professional-grade features

Cons

  • Small user base
  • Limited market coverage
  • New platform

Airdrop

Status
Hibachi Points
TGE

2026

Points distributed weekly (Mondays). Earn via trading, quests, competitions, staking $PROVE, referrals. Pre-TGE.

How to Farm

  • •Trade perps for volume-based points

Key Dates

$5M seed from Dragonfly + Electric Capital (Mar 2025). ZK-proof-based settlement.

Backed By

Dragonfly, Electric Capital

WebsiteTwitterDiscordDocs
Launched Sep 2024Audited

Hibachi — Overview

Hibachi is a perpetual DEX on Ethereum L2 focused on professional-grade trading features, backed by Dragonfly and Electric Capital. Launched in September 2024 with a $5 million seed round, it targets experienced traders who demand advanced order types and fast execution.

The platform offers 15 markets with up to 50x leverage, charging 0.01% maker and 0.04% taker fees. USDC serves as collateral with 1-hour funding intervals. Hibachi uses ZK-proof-based settlement for cryptographic verification of trades, adding a security layer beyond standard L2 guarantees.

The platform's focus on professional features includes advanced order types not commonly found on decentralized exchanges. While the market count is limited, the emphasis is on execution quality over breadth — a common priority among professional trading venues.

Points are distributed weekly on Mondays, earned through trading, quests, competitions, staking $PROVE, and referrals. The TGE is expected in 2026, with no confirmed community allocation percentage. Dragonfly and Electric Capital backing provides credibility and potential ecosystem connections.

Hibachi suits professional traders on Ethereum L2 who want advanced order types, ZK-proof settlement security, and are comfortable with an early-stage platform backed by tier-1 crypto investors.

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Markets

Browse all 15 trading pairs