Deepsigma Launches Paper-Trading Demo for Traditional Markets
- Deepsigma unveiled a live paper-trading demo covering 77 traditional financial markets on the Cypherium blockchain.
- The platform was developed by alumni from Goldman Sachs, Citadel Securities, Google, and Uber.
- Traders can gain long or short exposure to U.S. equities, stock indexes, sector ETFs, commodities, and Treasury yields.
- The risk engine incorporates multi-source external price feeds and mark-price mechanisms to deter manipulation.
- Deepsigma plans to deploy zero-knowledge proof identity tools to meet global regulatory standards.
Deepsigma’s new platform aims to bridge traditional finance with onchain markets by offering decentralized perpetual futures contracts based on external market data feeds rather than tokenizing assets. The paper-trading demo supports major U.S. stock indexes and commodities like crude oil and gold.
Sky Guo, CEO of Deepsigma, emphasized the unique operational challenges of integrating traditional assets into crypto models due to different trading hours and regulatory requirements.(Source)
