

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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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.
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.
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.