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Hibachi

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Key Metrics

Perp Volume 30d$607.67m
Perp Volume 30d by chain

Arbitrum$420.75m

Base$157.31m

Arc$29.61m

Perp Volume 7d$179.09m

Arbitrum$117.95m

Base$58.24m

Arc$2.9m

Perp Volume 24h$41.23m

Arbitrum$26.86m

Base$14.09m

Arc$281,345

Cumulative Perp Volume$10.66b

Arbitrum$8.52b

Base$2.111b

Arc$29.89m

$1.42m

Total Raised$8m

Mar 19, 2025$5mRound: SeedInvestors: Dragonfly Capital, Echo, Electric Capital

Feb 25, 2026$3mRound: Investors: Circle Ventures, Coinbase Ventures

Protocol Information

Fast & private perps trading, secured by zk.

WebsiteX/TwitterExchange profile
Category:Derivatives

Methodology

Perp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

Competitors

Apex Omni ($31.11m)Aevo Perps ($15.26m)Contango V2 ($12.37m)Gains Network ($8.43m)SYMMIO ($2.08m)ELFi Protocol ($1.47m)IPOR Derivatives ($498,530)Derive V2 ($482,651)Vest Markets ($297,453)Lynx ($156,453)

Frequently Asked Questions

What chains does Hibachi operate on?

Hibachi operates on 4 chains: Arbitrum, Base, Arc, and Hibachi.

How does Hibachi's TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Hibachi ranks #363 by TVL. The category holds $2.012b across 420 protocols, and Hibachi accounts for 0% of that total. Other leading protocols include Apex Omni, Aevo Perps, Contango V2, Gains Network, SYMMIO, ELFi Protocol, IPOR Derivatives, Derive V2, Vest Markets, and Lynx.

How much perpetual futures volume does Hibachi process?

Hibachi processed $607.67m in perpetual futures volume over the past 30 days.