The Crypto Explorer - by Sygnum Bank AG

S2E11: The future of decentralised trading with Thibault B from Hibachi

23 snips
May 12, 2025
Thibault B, co-founder of Hibachi, dives into the future of decentralized trading. He reveals how trustless infrastructure and proof of solvency are critical in shifting traders from centralized exchanges. Fast-paced discussions cover cutting-edge technologies like RISC Zero and Celestia, which bolster security and scalability. Thibault explores the obstacles to mainstream DeFi adoption and shares insights on cross-chain liquidity. Amid market downturns, he emphasizes the need for resilience and innovation in the evolving crypto landscape.
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ANECDOTE

Thibault B's Journey to DeFi

  • Thibault B transitioned from traditional finance to DeFi focusing on marketplaces and exchanges.
  • His experience shaped Hibachi's design to enhance user control and transparency in trading.
INSIGHT

Decentralization vs. Performance Dilemma

  • Centralized exchanges sacrifice trustlessness for speed and familiarity.
  • The challenge is now to build fast, decentralized exchanges that fulfill DeFi's original promise.
INSIGHT

Hybrid Exchange Model for Speed and Trust

  • Hibachi is mostly centralized but decentralizes what matters: solvency and transparency.
  • ZK proofs enable verification without sacrificing the user experience speed of centralized exchanges.
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