lots of sites do hard link exchanges, and more than 1/2 of the top 20 sextracker sites do as well.
But trading a hard link exchange with an established site is difficult mostly because it's very easy for us to send traffic out and get nothing but promises back. Pretty much the only way to get a big site's attention is to either send them money upfront or traffic for about a week (and lots of it, 3K plus/day) to get noticed and get respected. Personally I get dozens of requests for link trades every day and I ignore all except those that mail me cash or send Large amounts of traffic for over a week. And people who email me before sending the traffic just make me not want to deal with them cause I get way too many traffic promises that never pan out.
Sounds cruel but that's life. I had to do this to get to where I am so I'm milking the cow now.
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