
24h Volume
$18.8M
+46.6% 24hOpen Interest
$3.8M
Fee
Mar 2026 — May 2026 · 83 days
Perp DEX with a fast matching engine and focus on professional trading features including advanced order types.
2026
Points distributed weekly (Mondays). Earn via trading, quests, competitions, staking $PROVE, referrals. Pre-TGE.
$5M seed from Dragonfly + Electric Capital (Mar 2025). ZK-proof-based settlement.
Dragonfly, Electric Capital
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.