Recently, the market has not been doing well, and many people are refocusing on the fundamentals, looking for protocols that truly have products and structural advantages. Among the projects I am following, @sigmadotmoney is relatively special.

Recently, they have been holding AMAs at Binance Square, and during yesterday's AMA, I learned that they announced they are integrating Ondo Finance, with a complete launch expected in April. In my view, this partnership signifies that Sigma's narrative is evolving, extending from the initial on-chain volatility layering mechanism to RWA assets, allowing users to gain exposure to real-world assets directly on-chain.

Currently, the traditional stock market has many restrictions, such as fixed trading hours, slow settlement efficiency, and different regions having broker access thresholds. Many DeFi users, if they want to gain exposure similar to stocks, usually can only do so through perpetual contracts, but the long-term holding costs are very high. Many perpetual products in the market often have funding rates annualized at over 11% to 20%, and if rolling over options, the overall cost may even exceed 40%.

Sigma's product structure perfectly addresses this pain point. The platform offers a position structure that is closer to spot leverage, with the biggest feature being no funding rates and no borrowing interest. Users only need to pay a fixed fee once, with opening positions around 0.3% and closing positions around 0.1%, allowing positions to be held long-term.

For a simple example, if a user establishes a long position with 3x leverage using $10,000, under the traditional BTC perpetual contract structure, they might need to pay nearly $1,881 in funding costs over a year. However, under Sigma's structure, this cost is almost eliminated, reducing overall fees by about 94%. Compared to on-chain MSTR perpetual positions, cost savings can even reach 97%. The longer the holding time, the more obvious this advantage becomes.

On this basis, Sigma also offers up to 7x leverage, relying on the liquidity environment of BNB Chain to enable true 7-day × 24-hour trading. Users can adjust their positions at any time based on global market changes, without having to wait for traditional market openings.

So, in my view, this integration with Ondo is not just about adding an asset class but reconstructing a new trading model, and I look forward to its upcoming launch!

#SIGMAonBNB