Recently, the market has not been easy to do, and many people have turned their attention back to fundamentals, looking for agreements that truly have products and structural advantages. Among the projects I am personally following, @ sigmadotmoney is considered quite unique. Recently, they have been hosting an AMA at Binance Square. Yesterday, after listening to the AMA, they announced that they are integrating with Ondo Finance and expect to complete the full launch in April. In my opinion, this collaboration means that Sigma's narrative is upgrading, extending from the initial on chain volatility stratification mechanism to RWA assets, allowing users to directly gain exposure to real-world assets on the chain. At present, the traditional stock market has many limitations, such as fixed trading hours, slow settlement efficiency, and barriers to entry for securities firms in different regions. However, many DeFi users who want to gain exposure similar to stocks can usually only do so through perpetual contracts, but the long-term holding cost is very high. The annualized funding rate for many sustainable products in the market is often above 11% to 20%, and if option rolling is used, the overall cost may even exceed 40%. Sigma's product structure perfectly addresses this pain point. The platform provides a position structure that is closer to spot leverage, with the biggest feature being the absence of funding rates and borrowing interest rates. Users only need to pay a fixed handling fee once, opening a position at about 0.3% and closing it at about 0.1%, and the position can be held for a long time. For example, if a user establishes a long position with triple leverage using $10000, under the traditional BTC perpetual contract structure, they may need to pay nearly $1881 in funding costs over the course of one year. Under Sigma's structure, this part of the cost is almost eliminated, and the overall cost can be reduced by about 94%. If 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 7 times leverage, while relying on the liquidity environment of BNB Chain to achieve true 7 days x 24 hours trading. Users can adjust their positions according to global market changes at any time without waiting for traditional markets to open. So in my opinion, this integration with Ondo is not just about adding an asset class, but more like restructuring a new trading model. A spot leveraged position without funding rates, combined with RWA assets and a 24/7 market, is actually very suitable for those who are accustomed to holding assets for the long term. With its official launch in April, Sigma's narrative is likely to receive a new round of attention. SIGMAonBNB