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Hibachi vs Perpl: which perp DEX is better?

A side-by-side comparison of Hibachi and Perpl on fees, leverage, volume, chain and token.

HibachiPerpl
24h volume$24M$43M
Maker fee0 bps5 bps
Taker fee4.5 bps8.8 bps
Max leveragen/an/a
ModelOrderbookOrderbook
ChainBase (Celestia DA, ZK)Monad
TokenNo tokenNo token
AssetsCryptoCrypto

Hibachi vs Perpl: which should you choose?

If your priority is cost, Hibachi wins on taker fees (4.5 bps). For maximum leverage, Hibachi goes up to n/a. For depth and liquidity, Perpl trades the most volume of the two. Both are pre-token, so either could reward early activity with a future airdrop.

Hibachi runs a orderbook on Base (Celestia DA, ZK), while Perpl runs a orderbook on Monad. Read the full profiles: Hibachi and Perpl.

FAQ

Is Hibachi or Perpl cheaper?
Hibachi has the lower taker fee (4.5 bps vs 8.8 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Hibachi or Perpl?
Hibachi offers more, up to n/a, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, Hibachi or Perpl?
Perpl has more listed 24h volume ($43M), 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.