What is Hibachi?

Hibachi is a next-generation decentralized exchange (DEX) that redefines the trading experience by combining off-chain speed with on-chain transparency. Leveraging a custom off-chain order book and settling trades on-chain with zero-knowledge (ZK) proofs, Hibachi offers lightning-fast execution while maintaining verifiable security and transparency. With smart contracts handling custody, Hibachi ensures user funds remain fully auditable — setting a new industry benchmark for proof of solvency. The project raised $5 million in seed funding in March 2025, backed by Dragonfly Capital, Electric

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