Arc x Hibachi: Perpetuals on Arc, With ZK-Verified Settlement
# Perpetuals
# fx
# zk
# Arc Builder Fund
# Spotlights
# Builders Fund Spotlights
Low-latency Execution, Deterministic Finality + USDC-native fees for Post-Trade Flows
Tim Baker
Hibachi is building a next-generation FX perpetuals exchange on Arc, and designing the system so settlement and collateral movements are validated by zk proofs before they are settled onchain. The team was one of the first to be supported through the Arc Builders Fund — a Circle Ventures initiative that provides capital and strategic access to teams building on Arc.
Technically, Hibachi’s zk-verified settlement model means key post-trade actions (liquidations, margin adjustments, withdrawals) are gated by a correctness proof rather than optimistic assumptions. That model pairs well with Arc’s design for financial applications: deterministic, sub-second finality and a stablecoin-native fee model (fees denominated in USDC), which reduce latency and cost uncertainty for settlement-sensitive flows.
