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Hibachi
DEXOpen Interest
$198,921Key Metrics
Volume (30d)$128.95m
7d$128.95m
24h$31.23m
All-time$128.95m
Turnover (30d)648.2x
Markets7
Reference Assets7
Asset Groups2
Share of DEX OI<0.1%
Est. Fees (30d)$58,026
24h$14,053
All-time$58,026
Est. Annual$705,981
Taker Fee4.5 bps
Markets
| Market | Open Interest | Volume | Price | Funding | Est. Fees | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | Asset Type | Access Model | Pair | Interval | ||||||||||||
| hibachi:eur-usdtEuro | Forex Perps | Permissionless | $95,453 | -12.01% | $21.85m | $88.41m | $88.41m | EUR-USDT | $1.11 | -0.44% | -0.004% | -1.75% | 1h | 30x | $9,831 | $39,785 |
| hibachi:xag-usdtSilver | Commodity Perp | Permissionless | $31,899 | +4.97% | $27,833 | $75,003 | $75,003 | XAG-USDT | $54.49 | +1.03% | +0.048% | +0.88% | 1h | 10x | $12.52 | $33.75 |
| hibachi:gbp-usdtBritish Pound | Forex Perps | Permissionless | $23,548 | +1.46% | $8.65m | $37.51m | $37.51m | GBP-USDT | $1.33 | -0.30% | +0.028% | +35.92% | 1h | 20x | $3,892 | $16,881 |
| hibachi:cad-usdtCanadian Dollar | Forex Perps | Permissionless | $19,087 | +10.08% | $5,807 | $36,352 | $36,352 | CAD-USDT | $0.71 | -0.27% | +0.03% | +26.28% | 1h | 20x | $2.61 | $16.36 |
| hibachi:jpy-usdtJapanese Yen | Forex Perps | Permissionless | $16,342 | +41.13% | $12,098 | $41,640 | $41,640 | JPY-USDT | $0.0063 | -0.31% | +0.018% | +19.27% | 1h | 20x | $5.44 | $18.74 |
| hibachi:aud-usdtAustralian Dollar | Forex Perps | Permissionless | $7,263 | -1.29% | $684,021 | $2.85m | $2.85m | AUD-USDT | $0.70 | +0.20% | +0.076% | +121% | 1h | 20x | $307.81 | $1,283 |
| hibachi:nzd-usdtNew Zealand Dollar | Forex Perps | Permissionless | $5,330 | +1.60% | $3,177 | $18,906 | $18,906 | NZD-USDT | $0.57 | +0.12% | +0.136% | +152% | 1h | 20x | $1.43 | $8.51 |
About Hibachi
Hibachi is a perpetual DEX with an off-chain order book and zk-proven settlement on Arbitrum. It offers perpetual futures on crypto, FX and commodities, with FX markets trading 24/5. Positions are margined and cash-settled in USDT, and accounts open with a wallet or an email without KYC.
Entity
Legal entityHibachi PTE. LTD.
Founded2023
Primary chainArbitrum
Registry
Hibachi PTE. LTD. is the entity named in the terms of service, under Singapore law; no registered address or founders are disclosed. The team cites backgrounds at Citadel, Tower Research, IMC, Meta, Google, Amazon and Hashflow. Hibachi raised a $5M seed in March 2025 from Dragonfly, Electric Capital and Echo.
Regulation
Not registered or licensed by any regulator by its own terms, and unavailable in the US and UK.
Markets
Open Interest by asset group
Asset classes
Fees & revenue
Revenue modelMaker/Taker Fees
ConfidenceIssuer-Disclosed
Perp Maker Fee0 bps
Perp Taker Fee4.5 bps
Perp Funding Retention0%
Margin Settlement AssetsUSDT (Arbitrum)
Fees Last Verified2026-10-22
Hibachi base fees: 0 bps maker / 4.5 bps taker. The taker fee falls with 14-day rolling volume and the maker fee is 0 bps at every tier. Funding is paid between longs and shorts with no exchange cut. One schedule covers all perpetual markets. Sources: https://docs.hibachi.xyz/hibachi-docs/trading/fees, https://docs.hibachi.xyz/hibachi-docs/trading/funding