Hibachi 

Join Hibachi Exchange

1. Go to the Hibachi Exchange.
2. Connect your wallet or sign up with your email address.

Deposit Funds

• If using a supported wallet:

  • Ensure your wallet has funds available for deposit into the smart contract.
  • Funds must be on the Arbitrum or Base network. Hibachi only accepts USDT (Arbitrum) and USDC (Base) as collateral for trading.
  • You will need some ETH to cover gas fees for the deposit.
  • Visit the Hibachi website, click “Connect Wallet,” and select the desired wallet.
  • A pop-up in your wallet extension will ask to connect to Hibachi. Click “Connect” to proceed.
  • You’ll be ready to start funding your account.

• If signing up with an email address:

  • A unique blockchain address will be generated for your account.
  • To access this address, click the deposit button.
  • Send native USDT via the Arbitrum network to this address.
  • You can transfer from a centralized exchange like OKX or a DeFi wallet.

Trade on Hibachi and Earn Points

When placing a trade on Hibachi, you are trading a perpetual future contract (perp). This means you provide collateral in USDT to go long or short on a specific asset.

Opening a Position

1. Go to the top left of the screen and select your market from the dropdown menu.
2. Navigate to the right side of the screen and select your order type.
3. Decide the size of the position you want to open.
   • Manually input the exact amount in the size bar or use the slider to adjust the position size based on a percentage of your max position size.
4. Toggle between displaying the amount in the native asset or in USDT.
5. Click "Buy" to long the asset or "Sell" to short it.
6. On the summary page, review your order and click "Confirm" to open your position.

Closing a Position

• Below the orderbook and price chart, you'll find three tabs:
  • Positions: Displays all of your current open positions.
  • Open Orders: Shows orders that have been placed but are not yet filled.
  • Trade History: A record of all the trades you've executed.
• To close an open position, you have two options:
  • Market Close: Immediately exits your position but may not secure the best price.
  • Limit Order: Place a limit order in the opposite direction to close your position at your desired price. However, it carries the risk of remaining unfilled if the market doesn’t move in your favor.

Earn Rewards

Flame Roll Lottery

• Each week, Hibachi is giving away $1K, $5K, or a grand $25K in prizes.
• Winners are selected weekly. Trade for your chance to win.

How to Boost Your Chances

• Earn 1 ticket for every $1 traded.
• Unlock ticket multipliers as you increase your trading volume and level up.
• No cap on the number of tickets you can earn. Tickets reset each week.
• Bonus tickets are available through surprise drops—stay tuned on X for announcements.

Loyalty Tiers

• Spark - First trade - 1x
• Smolder - $100 - 1x
• Ember - $500 - 2x
• Flame - $1,000 - 2x
• Flare - $5,000 - 4x
• Scorching - $10,000 - 4x
• Searing - $20,000 - 6x
• Blaze - $50,000 - 6x
• Raging - $100,000 - 8x
• Firestorm - $500,000 - 8x
• Inferno - $1,000,000 - 10x

Weekly Rewards

• Winners are announced weekly.
• There will be a weekly prize pool of $1K, $5K, or $25K.
• Winners will have their prize directly deposited into their accounts.
• Winners get highlighted on Hibachi’s socials.

Invite Friends

1. Go to the Rewards Tab.
2. Copy and share your referral link.
   • Refer a friend and earn 50% of the fees generated from their trades, instead of the usual 25%.

Note: You can customize your referral link in the referral section of the exchange. Click the link, edit the text, and make it your own.