ChainCatcher report: The decentralized perpetuals exchange Deepsigma has launched a real-time simulated trading platform covering 77 traditional financial markets, including U.S. equities, stock indices, commodities, and U.S. Treasury yields. Built on the Cypherium blockchain and developed by a team of alumni from Goldman Sachs, Citadel Securities, Google, and Uber, the platform enables trading of long and short positions on underlying assets. Deepsigma’s perpetual contracts do not tokenize, custody, or physically deliver the underlying assets; instead, they track prices via external market data sources. The platform currently supports contracts for the S&P 500, Dow Jones Industrial Average, Nasdaq Composite, Russell 2000, Cboe Volatility Index, as well as crude oil, gold, silver, natural gas, and copper. The platform’s risk engine incorporates multiple external price sources, mark prices, circuit breakers, partial liquidations, and an insurance fund, while utilizing a central limit order book and clearing layer to manage margin, collateral, and settlement. Deepsigma is also developing a zero-knowledge proof-based decentralized identity framework and integrating off-chain AI analytics tools with non-custodial execution permissions. The underlying Cypherium blockchain employs a hybrid PoW and HotStuff Byzantine Fault Tolerant consensus mechanism and holds four U.S. patents.
Deepsigma Launches DeFi Perpetual Contracts Platform Covering 77 Traditional Financial Markets
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Summary
Deepsigma has launched a perpetual futures platform covering 77 traditional financial markets, including U.S. stocks, indices, and commodities. Built on Cypherium, the platform enables long and short exposure without tokenizing the underlying assets. Price tracking relies on external data sources, with risk management powered by multi-source feeds, mark price, and circuit breakers. The platform currently offers contracts on major indices and commodities such as crude oil and gold. A centralized limit order book and liquidation layer manage margin and collateral. Future developments include a decentralized identity framework and off-chain AI analysis. The Cypherium blockchain employs a hybrid PoW and HotStuff BFT consensus and holds four U.S. patents. Key technical metrics, including support and resistance levels, are tracked in real time for traders.
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