Hibachi AMA - Call Summary - October 14, 2025
Main Topics and Updates
Friday Market Crash - Infrastructure Stress Test
Performance Results:
- Zero downtime: 100% exchange uptime during volatility
- No latency spikes: system handled extreme load
- ZK pipeline operational: real-time proof generation maintained
- Risk engine success: zero negative equity
Issues Identified:
- Stop-loss triggers: bugs being fixed before Regular Season
- TPS logic: optimization in progress
Product Updates - Q4 Sprint Cycle
UI Improvements (launching soon):
- New navigation bar: Wednesday, October 15 (V1)
- P&L cards: finally arriving
- Portfolio page redesign: complete overhaul
- Updated rewards page: simplified metrics display
- Chart annotations: buy/sell markers
- Limit close orders: not just market orders
- Fee display: visible in trade history
Technical Upgrades:
- 24/7 uptime
- Scalability: preparing for volume growth
- 2-week sprints: continuous improvements
Roadmap - Major Features
Short-term (Q4 2025):
- Vault launch: private vault with undisclosed partner
- SDK release: ability to create custom vaults
- Any stablecoin deposits: any stable, any chain
- Fee rebates: market maker incentives (early November)
- Leverage increases: improved maintenance margins
- Volume-based tiers: announcement coming
- Referral 2.0: multi-level referrals (3 levels)
Long-term Vision:
- Multi-collateral trading: BTC, SOL as collateral
- Institutional products
- Beta ending: December 2025 target
- Production ready: Q1 2026
Institutional Partnership
Major Announcement Coming:
- Undisclosed partner
- Privacy focus
- Sub-millisecond latency
Points Program Update
Current Status (Pre-Regular Season):
- Weekly distributions: continuing until Regular Season
- Formula testing: week-over-week adjustments
- Sunday, October 20: last pre-season distribution
Bonus Points (this Sunday):
- NFT holders: snapshot already taken
- Loyalty tiers: activity-based bonus
- One-time reward: before Regular Season starts
Regular Season:
- Timeline: announcement "very soon"
- Multi-level referrals: 3-tier system
- Volume tiers
NFT Collections - Benefits
Current Collections:
- Hidden 225: hand-drawn art (2 months to create)
- OG 25: core community
Benefits:
- Bonus points: October 20 distribution
- Ongoing rewards: periodic benefits
- Snapshot taken: too late to buy for this round
Future Collections:
- Community decision: team asking for feedback
- Quality over quantity: focus on OGs
Team & Hiring
Team Size:
- 9 people currently: lean and efficient
- Target: 11 people: adding 2 more
- NYC-based: office in New York
Competitive Advantages
Core Differentiators:
- Speed: 40x faster than competitors (~5ms latency)
- Privacy: positions not public, encrypted execution
- Forced withdrawals: exit even if platform offline
- CEX-level: latency on par with OKX/Binance
Timeline & Milestones
This Week:
- October 15 (Wednesday): new navigation bar V1
- October 20 (Sunday): last pre-season drop bonuses
Next 3 Weeks:
- Regular Season announcement: details coming
- P&L cards launch: finally ready
- Private vault: first iteration
- Institutional partnership reveal: major announcement
Q4 2025 Goals:
- Beta phase end: December target
- 24/7 uptime: no maintenance windows
- Volume tier rebates: early November
- Best-in-class product: December launch
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