Hibachi
Privacy-focused, ZK-secured perpetuals exchange with deposits and withdrawals on Arbitrum and Base.
Volume (24h)$7.35MUSDT markets tracked live
Coins15with USDT pairs
Spot / Perp markets0 / 15tracked by ArbiLayer
Base fees0% / 0.045%maker / taker, perp
About Hibachi
Privacy-focused, ZK-secured perpetuals exchange with deposits and withdrawals on Arbitrum and Base.
Trading fees
Official fee schedule ↗PerpetualsBase tier
Maker0%
Taker0.045%
- Maker fee is 0% at every tier
- Taker fee falls from 0.045% to 0.020% with 14-day volume; tiers recalculated daily at 03:00 UTC
- Fees settled in USDT
New users
Hibachi Points: 1,000,000 points distributed per weekly epoch (pre-token)
- Points distributed every Monday at 03:00 UTC
- Three-level referral boost to points
- Weekly multipliers of 1.05x to 1.50x for trading FX pairs
- Vault participation to factor into future postseason points
Claim on Hibachi ↗Terms and regional eligibility vary. Check the offer page before signing up.
Volume fee tiers
VIP program ↗Tier is based on 14-day trading volume.
TierRequirementPerp makerPerp taker
Tier 1$00%0.045%
Tier 2> $5M 14d volume0%0.038%
Tier 3> $10M 14d volume0%0.036%
Tier 4> $25M 14d volume0%0.034%
Tier 5> $50M 14d volume0%0.032%
Tier 6> $250M 14d volume0%0.025%
Tier 7> $500M 14d volume0%0.02%
- DefiLlama shows no TVL figure; cumulative perp volume about $10.4B and open interest about $1.6M (2026-10-01)
- 30-day perp volume about $527M per DefiLlama (2026-10-01)
Company
Founders
TBThibault BinierCo-founder
VKVarun KumarCo-founder
AAyotiboCo-founder
Products
Perpetual futures (crypto and FX pairs)VaultsPoints programmeAPI
Incidents & regulatory history
- 2025March 2025: raised a $5M seed round backed by Dragonfly, Electric Capital and Echo; DefiLlama lists $8M total raised including a February 2026 round.
Volume, last 7 days
7 days agonow
Top markets
ArbiLayer does not track live markets on this exchange yet.