Hibachi vs Ondo: which perp DEX is better?
A side-by-side comparison of Hibachi and Ondo on fees, leverage, volume, chain and token.
| Hibachi | Ondo |
|---|
| 24h volume | $24M | $173M |
| Maker fee | 0 bps | n/a |
| Taker fee | 4.5 bps | n/a |
| Max leverage | n/a | 20x |
| Model | Orderbook | Orderbook |
| Chain | Base (Celestia DA, ZK) | Ondo Chain |
| Token | No token | $ONDO |
| Assets | Crypto | Stocks, Commodities |
Hibachi vs Ondo: which should you choose?
If your priority is cost, Hibachi wins on taker fees (4.5 bps). For maximum leverage, Ondo goes up to 20x. For depth and liquidity, Ondo trades the most volume of the two.
Hibachi runs a orderbook on Base (Celestia DA, ZK), while Ondo runs a orderbook on Ondo Chain. Read the full profiles: Hibachi and Ondo.
FAQ
- Is Hibachi or Ondo cheaper?
- Hibachi has the lower taker fee (4.5 bps vs n/a). Funding rates also affect total cost, so check both before trading.
- Which has higher leverage, Hibachi or Ondo?
- Ondo offers more, up to 20x, versus n/a. Higher leverage means higher liquidation risk.
- Which is bigger, Hibachi or Ondo?
- Ondo has more listed 24h volume ($173M), which usually means deeper liquidity and less slippage.
More comparisons
Not financial advice. Volume figures are compiled from each venue's public data on our
live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.