In a recent @HouseofZK Radio episode, @michael_hibachi, Co-founder of @hibachi_xyz, explained the 'decentralized exchange paradox'. With Web3 came a widespread assumption: that trustless trading requires running the entire exchange onchain. AMMs, RFQ platforms, and onchain order books all follow this model - using the blockchain as the execution environment to ensure transparency and verifiability. But this creates a fundamental trade-off. Blockchains are optimized for trust, not performance. So when you move every part of the exchange onchain, you inherit high latency, high cost, and limited throughput - the opposite of what users expect from real-time markets. This is the paradox Michael lays out: decentralization and transparency come at the cost of efficiency and UX - unless you rethink the architecture entirely. Watch the full episode to hear how Hibachi uses ZK to resolve this trade-off and create a new kind of decentralized exchange: