Deepsigma launches a DeFi perpetual contract platform covering 77 traditional financial markets
The decentralized perpetual contract exchange Deepsigma has launched a real-time simulation trading platform, covering 77 traditional financial markets, including U.S. stocks, stock indices, commodities, and U.S. Treasury yield rates. The platform is developed based on the Cypherium blockchain, driven by a team of alumni from Goldman Sachs, Citadel Securities, Google, and Uber, supporting long and short exposure trading of related assets.Deepsigma's perpetual contracts do not tokenize, custody, or physically deliver the underlying assets but instead track prices through external market data sources. The platform currently supports the S&P 500 Index, Dow Jones Industrial Average, Nasdaq Composite Index, Russell 2000 Index, Cboe Volatility Index, as well as contracts for crude oil, gold, silver, natural gas, and copper. The platform's risk engine employs multiple external price sources, mark prices, circuit breaker mechanisms, partial liquidation, and insurance funds, and uses a central limit order book and clearing layer to handle margin, collateral, and settlement.Deepsigma is also developing a decentralized identity framework based on zero-knowledge proofs and configuring off-chain AI analysis tools with no fund execution permissions; the underlying Cypherium utilizes a hybrid PoW and HotStuff Byzantine Fault Tolerance consensus mechanism, holding 4 U.S. patents.
