Hibachi vs Reya: which perp DEX is better?
A side-by-side comparison of Hibachi and Reya on fees, leverage, volume, chain and token.
| Hibachi | Reya |
|---|
| 24h volume | $24M | n/a |
| Maker fee | 0 bps | 0 bps |
| Taker fee | 4.5 bps | 0 bps |
| Max leverage | n/a | n/a |
| Model | Orderbook | Hybrid |
| Chain | Base (Celestia DA, ZK) | Reya Network (Ethereum L2) |
| Token | No token | $REYA |
| Assets | Crypto | Crypto |
Hibachi vs Reya: which should you choose?
If your priority is cost, Reya wins on taker fees (0 bps). For maximum leverage, Hibachi goes up to n/a. For depth and liquidity, Hibachi trades the most volume of the two.
Hibachi runs a orderbook on Base (Celestia DA, ZK), while Reya runs a hybrid on Reya Network (Ethereum L2). Read the full profiles: Hibachi and Reya.
FAQ
- Is Hibachi or Reya cheaper?
- Reya has the lower taker fee (0 bps vs 4.5 bps). Funding rates also affect total cost, so check both before trading.
- Which has higher leverage, Hibachi or Reya?
- Hibachi offers more, up to n/a, versus n/a. Higher leverage means higher liquidation risk.
- Which is bigger, Hibachi or Reya?
- Hibachi has more listed 24h volume ($24M), 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.