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Hibachi is a decentralized exchange focused on professional perpetuals trading that combines an off-chain order book with on-chain batch settlement secured by zero-knowledge proofs. Launched in beta on Arbitrum and Base, it aims to deliver CEX-like execution speed while preserving on-chain verifiability and proof-of-solvency. The project completed a $5M seed round in March 2025 with participation from Dragonfly, Electric Capital, and Echo.

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Tracking since 29 days ago
Raised 5.00

News (6)

Hibachi is an invite-only perpetual DEX developed by the Hashflow team.

The platform runs an ongoing points program distributing 500,000 points per week. Farming has been active for over six months, and recent volume decline suggests points may be cheaper to farm currently.

Current terms and metrics: $10–15M daily volume, 0% Maker / 0.03% Taker fees, and OTC point pricing around $0.3–$0.5.

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