According to CoinWorld news, Hibachi has officially launched a decentralized perpetual contract exchange (Perp DEX) focused on privacy protection. The platform is built on Celestia's modular data availability layer and Succinct's zero-knowledge proof infrastructure, achieving on-chain privacy for transaction records, positions, and account balances, aiming to address user privacy issues caused by the transparency of on-chain transactions. According to CoinWorld news, Hibachi has received investment support from Dragonfly and Electric Capital. Currently, Hibachi has launched its core perpetual contract trading functions, and in the future, it will successively introduce strategy vaults, native lending markets, multi-asset collateral mechanisms, and spot trading functions to meet users' more comprehensive risk management and asset allocation needs. The market currently expects that it may release a native token to further incentivize user participation. The team stated that it will continue to promote product innovation and ecological expansion around the three core concepts of 'fast execution, privacy protection, and on-chain verifiability.'

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