Hibachi announced the official launch of a decentralized perpetual contract exchange (Perp DEX) focusing on privacy protection. The platform is based on Celestia's modular data availability layer and Succinct's zero-knowledge proof infrastructure, achieving on-chain privacy protection for transaction records, positions, and account balances, aiming to address the privacy issues caused by on-chain transaction transparency from the ground up.It is reported that Hibachi has received investment support from Dragonfly and Electric Capital. Currently, Hibachi has launched core perpetual contract trading functions, and will continue to introduce strategy vaults, native lending markets, multi-asset collateral mechanisms, and spot trading functions to meet users' comprehensive risk management and asset allocation needs. The market currently expects it to possibly launch a native token to further incentivize user participation.The team stated that they will continue to advance product innovation and ecosystem expansion around the three core concepts of "fast execution, privacy protection, and on-chain verifiability."