Volume 24h$27.3M↗ 82.37%24h
Open interest$1.3M↘ 8.60%24h
Markets15
Max leverage30x
Taker / maker0.045%/0.000%
BTC funding /8h+0.0256%
BTC paid 30d+1.672%
Markets
15 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| BTC BTC/USDT-P | 75,831.7 | +0.0256% | 1h | $467K | $7.4M | 30x |
| HYPE HYPE/USDT-P | 78.943 | +0.0768% | 1h | $201K | $138K | 7x |
| BNB BNB/USDT-P | 688.44 | +0.0568% | 1h | $188K | $13K | 12x |
| ETH ETH/USDT-P | 2,246 | −0.0200% | 1h | $122K | $380K | 20x |
| PAXG PAXG/USDT-P | 4,075.7 | +0.0240% | 1h | $89K | $122K | 20x |
| SOL SOL/USDT-P | 89.848 | −0.0216% | 1h | $68K | $83K | 20x |
| EURRWA EUR/USDT-P | 1.1221 | −0.0056% | 1h | $54K | $13.9M | 30x |
| XRP XRP/USDT-P | 1.2417 | +0.0032% | 1h | $43K | $7K | 7x |
| XAGRWA XAG/USDT-P | 51.760 | +0.1048% | 1h | $27K | $17K | 10x |
| GBPRWA GBP/USDT-P | 1.3474 | +0.0056% | 1h | $26K | $5.1M | 20x |
| CADRWA CAD/USDT-P | 0.7145 | +0.0120% | 1h | $19K | $5K | 20x |
| JPYRWA JPY/USDT-P | 0.006336 | +0.0192% | 1h | $13K | $5K | 20x |
| SUI SUI/USDT-P | 0.8504 | +0.0384% | 1h | $11K | $9K | 7x |
| AUDRWA AUD/USDT-P | 0.6954 | +0.0088% | 1h | $9K | $137K | 20x |
| NZDRWA NZD/USDT-P | 0.5609 | +0.0384% | 1h | $6K | $5K | 20x |
Before you deposit
- LiquidityThin$1.3M open interest
- Real volumeSuspectvolume is 20.3x open interest a day, often a sign of farming or wash trading
- Book depthThin$938K within ±0.5% of the BTC price, both sides
- KYCNoneNo ID; not for the US, the UK or sanctioned countries.
Key facts
About Hibachi
Hibachi is a decentralized perpetual futures exchange on Arbitrum / Base. It lists 15 active markets, traded $27.3M in the last 24 hours and holds $1.3M in open interest, #34 among the perp DEXs we track.
Funding settles every 1h. BTC longs pay +0.0256% /8h right now and paid 1.672% over the last 30 days.
News from Hibachi
all| 11-02 19:24 | Points | Week 25 of The Playoffs is complete. EUR/USD and BTC/USD earn up to a 1.5x points boost. Stay tuned for more updates to come. @hibachi_xyz on X ↗ |
| 10-26 18:58 | Points | Hibachi points end on November 8. Hibachi started with a mission to bring privacy, speed, and performance to perpetual trading. $10B in volume later, that mission has grown into something much larger. FX moves $10T a day on T+2 settlement, behind credit lines and a concentrated banking system that limits access to liquidity. Stablecoins settled $46T last year, near-instantly, around the clock. Those two systems are converging, but the exchange infrastructure to connect them doesn’t yet exist. That is the venue Hibachi is building: the institutional-grade exchange for stablecoin-native FX, spanning perpetuals and spot. To everyone who traded, referred, and stress-tested the product from the first day: thank you. Your activity built the foundation this next phase stands on. Note: Rewards may be associated with social or trading activity after points have ended. @hibachi_xyz on X ↗ |
| 10-19 23:45 | Contest | Week 23 of The Playoffs is complete. Points - 77.5M in circulation (+1.29% WoW) - Weekly distribution is back to 1 million points/week - EUR/USD and BTC/USD earn up to a 1.5x points boost Hibachi Open Recap - $435M eligible volume generated over 12 days - $300M milestone reached, $6,000 cash prize pool unlocked - Final leaderboard in comment below Points will be granted on October 26 and cash rewards will be deposited into your account over the next 48 hours. Product - Working towards fresh smart contract audits for upcoming spot deployment - Improving stability and scalability over key systems for faster and more performant trading - FLP at 14.8% APR + points, deposits are open It’s HEATing up. @hibachi_xyz on X ↗ |
| 10-12 22:55 | Contest | Week 22 of The Playoffs is complete. Points - 76.5M in circulation (+1.31% WoW) - Weekly activity distribution is 500,000 this week. The other 500,000 is reserved for the Hibachi Open - EUR and BTC still earn up to a 1.5x boost Hibachi Open - $102.8M eligible volume - 47 traders past the $500k threshold - Ends Sunday Oct 18, 23:59 UTC - Leaderboard below $300M in total volume unlocks the cash prize pool. 6 days left. Product - Institutional FX spot is the main engineering priority Vaults - FLP by @KappaLab_io : (+16.2% APR), allocation available, new cap $2.5m - GAV by @GrowiFinance : (+2.9% APR), allocation available Vault deposits earn yield and points. @hibachi_xyz on X ↗ |
| 10-06 23:59 | Contest | Hibachi Open is live 1,000,000 points and up to $20,000 in cash Trade $500K+ to earn a share of the points. Top 50 earn cash Oct 7 to Oct 19. Leaderboard updated daily @hibachi_xyz on X ↗ |
| 10-06 01:41 | Points | Week 21 of The Playoffs is complete Points - 75.5M points in circulation (+1.32% WoW) - This week's activity distribution drops to 500,000, down from 1,000,000 - Total emissions are unchanged. For the next two weeks, half of each weekly distribution goes to The Hibachi Open: 1,000,000 points plus up to $20,000 in cash. Full details to follow - EUR and BTC earn up to a 1.5x boost this week Product - Institutional FX spot is the main engineering priority Vaults - FLP by @KappaLab_io (+14.2% APR), at max capacity - GAV by @GrowiFinance (+9.3% APR), allocation available - ROBO by @AlloraNetwork (+9.1% APR), at max capacity Vault deposits earn yield and points. @hibachi_xyz on X ↗ |
| 09-28 19:59 | Points | Week 20 of The Playoffs is complete Product - Institutional FX spot is the main engineering priority Vaults - FLP by @KappaLab_io (+18.7% APR), at max capacity - GAV by @GrowiFinance ( +17.8% APR), allocation available - ROBO by @AlloraNetwork (+7.4% APR), at max capacity Vault deposits earn yield and points Points - Total Points in Circulation: 74.5M (+1.34% WoW increase) Hibachio @hibachi_xyz on X ↗ |
| 09-28 19:50 | Points | Week 20 of The Playoffs is complete Product -Institutional FX spot is the main engineering priority Vaults - FLP by @kappa (+18.7% APR), at max capacity - GAV by @growi ( +17.8% APR), allocation available - ROBO by @allora (+7.4% APR), at max capacity Vault deposits earn yield and points Points - Total Points in Circulation: 74.5M (+1.34% WoW increase) Hibachio @hibachi_xyz on X ↗ |
Volume
$11.0M↗ 45.3%90D
Open interest
$1.4M↘ 42.2%90D
Table, every 3rd day
| Day | Volume | Open interest | Share of DEX volume |
|---|---|---|---|
| Nov 4, 2026 | $11.0M | $1.4M | 0.0% |
| Nov 1, 2026 | $10.3M | $1.5M | 0.1% |
| Oct 29, 2026 | $38.2M | $1.5M | 0.1% |
| Oct 26, 2026 | $30.0M | $1.6M | 0.1% |
| Oct 23, 2026 | $12.6M | $1.4M | 0.1% |
| Oct 20, 2026 | $37.5M | $1.8M | 0.2% |
| Oct 17, 2026 | $22.1M | $1.7M | 0.2% |
| Oct 14, 2026 | $53.8M | $1.7M | 0.2% |
| Oct 11, 2026 | $23.4M | $1.7M | 0.2% |
| Oct 8, 2026 | $32.6M | $1.4M | 0.1% |
| Oct 5, 2026 | $33.8M | $1.3M | 0.1% |
| Oct 2, 2026 | $13.4M | $1.1M | 0.0% |
| Sep 29, 2026 | $16.3M | $1.6M | 0.1% |
| Sep 26, 2026 | $11.4M | $1.3M | 0.1% |
| Sep 23, 2026 | $19.3M | $1.7M | 0.1% |
| Sep 20, 2026 | $9.0M | $1.8M | 0.1% |
| Sep 17, 2026 | $18.1M | $1.8M | — |
| Sep 14, 2026 | $15.0M | $1.5M | — |
| Sep 11, 2026 | $21.6M | $1.7M | — |
| Sep 8, 2026 | $13.0M | $1.9M | — |
| Sep 5, 2026 | $6.2M | $1.6M | — |
| Sep 2, 2026 | $6.5M | $1.7M | — |
| Aug 30, 2026 | $16.1M | $1.7M | — |
| Aug 27, 2026 | $21.8M | $2.1M | — |
| Aug 24, 2026 | $19.9M | $1.7M | — |
| Aug 21, 2026 | $22.0M | $1.9M | — |
| Aug 18, 2026 | $7.2M | $2.2M | — |
| Aug 15, 2026 | $10.0M | $2.6M | — |
| Aug 12, 2026 | $15.0M | $2.6M | — |
| Aug 9, 2026 | $7.4M | $2.7M | — |
Volume by asset class
daily, last 90 daysTable, every 3rd day
| Day | Crypto | FX | Other RWA | Total |
|---|---|---|---|---|
| Nov 4, 2026 | $9.6M | $2.0M | $14K | $11.7M |
| Nov 1, 2026 | $9.2M | $112K | — | $9.3M |
| Oct 29, 2026 | $14.5M | $23.8M | $16K | $38.2M |
| Oct 26, 2026 | $6.4M | $23.6M | $15K | $30.0M |
| Oct 23, 2026 | $12.1M | $25.0M | $7K | $37.1M |
| Oct 20, 2026 | $20.8M | $17.6M | $113K | $38.5M |
| Oct 17, 2026 | $22.1M | — | — | $22.1M |
| Oct 14, 2026 | $32.8M | $20.9M | $17K | $53.7M |
| Oct 11, 2026 | $21.0M | $562K | $114 | $21.5M |
| Oct 8, 2026 | $18.4M | $13.3M | $6K | $31.6M |
| Oct 5, 2026 | $14.3M | $19.4M | $6K | $33.7M |
| Oct 2, 2026 | $13.6M | $19.4M | $8K | $32.9M |
| Sep 29, 2026 | $8.4M | $8.8M | $21K | $17.2M |
| Sep 26, 2026 | $9.6M | — | — | $9.6M |
| Sep 23, 2026 | $9.1M | $10.2M | $26K | $19.4M |
| Sep 20, 2026 | $7.2M | $1.3M | $479 | $8.5M |
| Sep 17, 2026 | $7.4M | $15.5M | — | $22.9M |
| Sep 14, 2026 | $7.5M | $7.9M | — | $15.4M |
| Sep 11, 2026 | $11.7M | $10.9M | — | $22.7M |
| Sep 8, 2026 | $6.7M | $9.5M | — | $16.3M |
| Sep 5, 2026 | $6.3M | — | — | $6.3M |
| Sep 2, 2026 | $4.9M | $2.8M | — | $7.7M |
| Aug 30, 2026 | $15.8M | $1.5M | — | $17.3M |
| Aug 27, 2026 | $42.0M | $16.3M | — | $58.3M |
| Aug 24, 2026 | $18.0M | $3.8M | — | $21.8M |
| Aug 21, 2026 | $18.8M | $5.5M | — | $24.3M |
| Aug 18, 2026 | $6.2M | $2.0M | — | $8.2M |
| Aug 15, 2026 | $10.3M | — | — | $10.3M |
| Aug 12, 2026 | $11.9M | $3.4M | — | $15.3M |
| Aug 9, 2026 | $7.4M | $173K | — | $7.6M |