SigmaIntern

Stop stressing about whether to close your position and take profits or to keep holding your leveraged position.
At Sigma, you can withdraw your principal while letting your profits run.
#新手必看

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We've distributed xSIGMA multiple times as rewards for the event. Thanks to all the crypto enthusiasts for your active participation! To help everyone better grasp the essence and function of this reward, here's a little quiz for you～
#DEFI

What is xSIGMA?

UP or DOWN?

Recently, Bitcoin spot ETFs have seen a consecutive net outflow for five weeks, with funds continuously being pulled from these products. This reflects a decrease in the willingness of institutions and investors to allocate to Bitcoin in the current market environment.

This ongoing net outflow might be linked to Bitcoin's price volatility, macroeconomic factors (like interest rate expectations), and funds shifting to other assets. An outflow from ETFs doesn't necessarily mean a deterioration in Bitcoin's fundamentals; it's more a result of short-term capital movements. Historically, there have been instances where the market rebounded following outflows. However, persistent outflows may amplify downward price pressure and increase market volatility. This interpretation is based on public data, and the actual situation is influenced by multiple variables, so it may not be entirely accurate.

In addition to monitoring ETF flows, it’s also beneficial to keep an eye on Bitcoin's on-chain metrics and global macro data to establish a multi-dimensional monitoring framework, helping to determine whether the outflow is an isolated event or a systemic signal.

Consider using derivatives tools like options or futures to hedge and reduce spot exposure risk; or explore other participation methods within the Bitcoin ecosystem to diversify reliance on a single ETF.

Regularly review analysis reports from various sources and set personal "outflow threshold" rules, such as automatically triggering a position review or reduction plan when outflows persist beyond X weeks, to minimize emotional decision-making.

What are your thoughts on this consecutive net outflow from ETFs? Is it a short-term adjustment or a signal of a larger trend? Looking forward to your comments~💪

#比特币现货ETF连续五周净流出

Volatility Tranching - do you guys know what it really means in Sigma.Money?
To help everyone get a clearer picture of Sigma.Money, we've got a little quiz for you today!

What is Volatility Tranching?

A. Represents the stable layer: No need to deal with BNB price swings, perfect for users chasing steady yields, while still able to snag higher returns on top of that stable income;

B. Does Sigma.Money even have this concept???

C. Volatility layer: Retains the price fluctuation characteristics of the underlying assets and allows you to enjoy amplified returns thanks to leverage.

D. Volatility Tranching is the core mechanism of Sigma.Money, and through this layered structure, it lets users with different risk appetites get what they need: the stable layer offers relatively predictable returns, while the volatility layer focuses on capturing price swings and leverage opportunities.

Do you know the correct answer? 🫵

The UK's Financial Conduct Authority proposed in the CP26/17 quarterly consultation document to allow authorized retail funds (including UCITS and most non-UCITS schemes) to allocate up to 10% of their scheme assets to crypto exchange-traded notes (crypto ETNs). Previously, retail investors have had direct access to cETNs, and this move aims to further close the regulatory gap. It is still in the consultation phase (ending around mid-July), and the final rules have yet to be determined.

This action may easily be overlooked, but the signal is noteworthy. The US spot crypto ETF market has exceeded the $100 billion level, far outpacing similar products in Europe, making the UK's move seem more like catching up rather than merely testing the waters. The FCA's executive director mentioned balancing risk with market choice, emphasizing that past restrictions aimed to protect retail investors, but there is now a realization that funds could flow out, so it’s better to let the market choose within a regulatory framework. Overall, institutional funds entering through compliant channels is a matter of time, not direction. However, an increase in compliant channels does not automatically mean funds will flow into specific assets; it ultimately depends on the quality and attractiveness of the products themselves.

I believe that one should not blindly chase after gains just because of favorable regulations; it's advisable to prioritize the fund's specific holdings disclosures and risk disclosure documents, aligning with one's own risk tolerance. Keep an eye on the FCA's official website for updates and industry feedback to avoid relying on a single news source. From a long-term perspective, it’s essential to sustainably track the progress of mainstream adoption while always prioritizing diversification and due diligence.

What do you think about this proposal? Will it significantly change the retail funds' participation in crypto? Feel free to share your thoughts or related information in the comments section; looking forward to your comments~💪

#英国FCA拟允许零售基金持加密ETN

In the current market volatility, how can you protect your BNB holdings? This time, we're sharing a hedging strategy using Sigma's Trade feature!

Recently, the market has been quite choppy, and BNB prices are fluctuating. Many BNB holders are worried about a downturn but don't want to completely sell and miss out on potential rebounds. With Sigma Money, you can achieve partial protection while retaining upside potential. The funding rate is 0.

Strategy core:
Open a Short position on Sigma; when BNB drops, the profits from the Short position can offset some of your spot losses. If BNB rises, your main holdings can still enjoy the gains.

Steps to execute:
1. Open the Sigma Trade page and switch to Short mode.
2. Use BNB as collateral, choose an appropriate leverage (configure as needed), input the amount, and confirm the trade. (bnbUSD, WBNB, and USDT can all be used as collateral.)
3. Once completed, you'll have the corresponding Short position, and you can monitor it from the Dashboard.
4. When you need to exit, you can close the position at any time.

Who is this for?
Those who already hold a significant amount of BNB but don't want to sell everything;
Users who can accept some risk and are familiar with basic DeFi operations;
Friends looking to mitigate volatility impacts in the current choppy market.

The current market uncertainty is quite high; this strategy is not a guaranteed capital preservation plan, just a way to manage risk. What's your outlook on the market's future? Share your holdings or hedging experiences in the comments! 🫶

#比特币跌至6.2万美元

US Treasury Secretary Scott Bessent recently urged the Senate to pass the CLARITY Act (Clear Regulation of Digital Assets Act) this summer. The bill has already cleared the House and is currently making its way through the Senate, focusing on clarifying the regulatory divisions for crypto assets: the SEC will oversee securities tokens, while the CFTC will handle eligible digital commodities, and it aims to limit the Fed's unilateral issuance of retail CBDCs.

If this bill passes smoothly, it could provide a clearer regulatory framework for the crypto industry, helping to reduce some uncertainty and potentially attracting more compliant funds. However, it still faces resistance from banking interest groups, disputes over stablecoin provisions, and political maneuvering in Congress, making successful implementation challenging. It shouldn't be simply labeled as a "historic mega bullish" event; rather, it's more about the transition from a vague regulatory environment to a more orderly one, and the outcome remains uncertain.

It's advisable to closely track the Senate Banking Committee's subsequent votes and the full chamber's voting progress, and to check the original bill text on Congress.gov. When investing, keep a rational mindset and don’t put all your expectations on a single piece of legislation; be mindful of diversifying your risks. Make sure to reference information from various sources to avoid solely relying on emotional interpretations.
What do you think the likelihood is for this Clarity Act to pass? Which sectors or specific tokens will be most affected? Feel free to share your thoughts on this event in the comments!~🫶

#美财长敦促参院通过clarity法案

What strategies can be used with Sigma's bnbUSD? Today, let's introduce an aggressive type of strategy.

Core Strategy: Use BNB or WBNB as collateral to mint bnbUSD, then buy BNB with bnbUSD while keeping a high-leverage long position to amplify gains from BNB's price increase. This strategy has a funding rate of 0.

Detailed Steps:
1. Head over to the Mint page and use BNB or WBNB as collateral for the operation. (The higher the LTV, the greater the leverage, and the higher the risk.)
2. After minting, you'll receive bnbUSD.
3. Only maintain the leveraged position returned by the protocol to enjoy amplified gains from BNB's price increase.

This is highly recommended for users who are bullish on BNB, have a high-risk tolerance, can handle significant volatility and liquidation risks, are familiar with DeFi operations, and have some experience.

Advantages include:
- 0 funding rate
- Using high leverage to amplify gains

What do you think about this aggressive strategy? If you've tried it, feel free to share your thoughts and experiences in the comments! 🫶

#币安推出美股交易

First off, the #Hyperliquid open contracts hit a whopping $3 billion. Then, recently, Ondo's CEO mentioned that their RWA perpetual contract platform, Ondo Perps, is expected to launch in a few weeks, moving forward as planned. Just yesterday, Binance officially rolled out trading for US stocks and ETFs, supporting single-account operations for both crypto and traditional assets, with fractional shares starting from $5, and they plan to introduce bStocks tokenized securities.

When you look at these three developments together, you notice an interesting shift. For the past few years, everyone has been talking about ‘asset tokenization.’ Now, the market is gradually transitioning into the phase of ‘asset trading on-chain.’ Many believe that the essence of RWA is moving stocks, bonds, and gold onto the blockchain.

For instance, in DeFi, we’re already seeing more protocols trying to combine idle stablecoins, on-chain assets, and yield strategies, ensuring that funds don't just sit idle in accounts but actively participate in the entire ecosystem. Like Sigma's Symmetry Pool, it’s fundamentally exploring how to achieve higher efficiency in on-chain liquidity allocation rather than just leaving it sitting around. Maybe the real competition in the future won’t be about who holds the most assets, but who can provide the best liquidity for these assets, the richest use cases, and the highest capital efficiency. When stocks, ETFs, gold, bonds, and stablecoins all exist in the same on-chain market, the competition for crypto might not just be other blockchains but the entire traditional financial system.

If all assets could flow freely on-chain in the future, who do you think would hold the greatest value? The asset issuers, trading platforms, or liquidity infrastructure? Feel free to share your thoughts and experiences in the comments!~🫶

Trump Takes a Jab at Gensler: Almost Ruined the US Crypto Scene!

Recently, Trump fired shots at SEC Chairman Gary Gensler on Truth Social, claiming that he and the "anti-crypto army" have pushed Bitcoin, crypto contracts, and innovation overseas, nearly tanking the US crypto industry. He stated that he's already saved the industry and aims to make the US the global crypto capital again, bringing builders and entrepreneurs back. He also promised to establish a solid digital asset market framework that won’t be easily dismantled by opponents.

Trump's remarks are quite aggressive, positioning the crypto industry as a key election issue. Over the past few years, many projects have indeed struggled under the heavy hand of US regulation. If future policies really shift to a more friendly stance, it would be a major win for institutional entry, ETF developments, and the entire ecosystem. However, political promises ultimately need to materialize; in the short term, it’s more about boosting sentiment.

If you’re bullish on crypto in the long run, consider dollar-cost averaging your positions, but make sure to manage your risk. After this news drops, keep an eye on market reactions and don’t rush to go all in. Focus on subsequent US policy direction and Gensler's fate, and don’t just listen to the noise.

What do you think about Trump's statements regarding Gensler and the crypto industry? Can the US really become the crypto capital? Feel free to drop your thoughts in the comments below👇

#特朗普批gensler反加密

Sigma Binance Square Free Voice

🏆 Prize Pool: Equivalent to $250 in $xSIGMA

Time: May 27th, 20:00 (UTC+8)
Location: Binance Square (https://app.binance.com/uni-qr/cspa/40911406677649?l=en-US&r=KBEIIY5U&source=host_share&uc=web_square_share_link&us=copylink)
Guests: Sigma Community CM piupiu & Host Sigma Intern

🖊 How to Participate:
1️⃣ $50 (10 spots, $5 each): Post Sigma's Wednesday night AMA poster with text at Binance Square + Follow Sigma + Include #SIGMAonBNB , then share the link in the group
2️⃣ $100 (10 spots, $10 each): Share live on the AMA
3️⃣ $100 (10 spots, $10 each): Share insights in the TG Chinese group after the AMA
4️⃣ Live Red Packet Rain

⏰ Event Deadline: May 28th, 18:00 (UTC+8)

The Fed's latest minutes show a clear shift towards a more hawkish stance 🦅

The minutes just released by the Fed are way more hawkish than the market anticipated. Officials stated that the current pace of inflation decline isn't ideal, and rate cuts might need to be pushed back further. If inflation rebounds again, they might even consider hiking rates again.

This means that the high-interest rate environment is likely to stick around for a while longer, increasing uncertainty in the market. As the U.S. tightens its policy, other countries will feel the ripple effects too. Mortgage rates, auto loans, and corporate borrowing costs are unlikely to drop in the short term, making consumers and businesses more cautious in their spending.

As an everyday investor, it’s crucial to prioritize stable options that can still yield some returns during times like this. Don't throw all your capital into high-risk assets, but also don’t leave your funds completely idle. Don’t rush to fantasize about the Fed flooding the market anytime soon; the reality could be more protracted and complex than you think. At this juncture, staying calm and making rational trades is way more important than blindly chasing the pump or dump.

What do you think about this Fed minutes release? Do you believe high rates will last longer, or do you think inflation will be controlled soon? Feel free to share your thoughts in the comments section!～

#美联储纪要立场转变

The entire stablecoin market has officially surpassed $300 billion, and there are new developments on the regulatory front. Starting June 1st, Japan will officially allow foreign stablecoins to be used for everyday payments. The trading volume of euro stablecoins has skyrocketed by 12 times. Whether it's institutions or regular users, the demand for stablecoin trading and payment usage is surging significantly.

Sigma.Money's bnbUSD, built on the BNB Chain, utilizes an innovative volatility tiering model that ensures asset stability while also providing decent returns. For those of us who prefer to avoid too much hassle and just want steady gains, this is a great option for a stable online asset.

#欧元稳定币交易量激增12倍

What strategies can you use with Sigma's bnbUSD? Today, we’ll introduce a conservative approach.

Strategy Core: Collateralize BNB or WBNB to mint bnbUSD → Deposit into the Stability Pool or AMM Pool for yield.

Detailed Steps:
1. Head over to the Mint page and use BNB or WBNB as collateral to borrow bnbUSD.
2. Deposit the minted bnbUSD into the Stability Pool or AMM Pool.
3. We’ll benefit from bnbUSD’s peg mechanism protection + xSIGMA yields.

This strategy is suitable for: Users who want to avoid BNB price volatility, seeking stable returns while aiming for higher yields on top.

Advantages include:
1. Zero price volatility (bnbUSD is targeted at $1).
2. Once minted, bnbUSD will only exist in your wallet, fully yours.

#稳定币

Regarding American lawmakers pushing for legislation to permanently ban CBDCs

CBDC, or Central Bank Digital Currency, is seen by US lawmakers as a way to mitigate potential privacy risks, capital controls, and excessive government surveillance, while also preserving individual financial sovereignty and the decentralized nature of the monetary system.

What’s your take on this?

#美国议员推动立法永久禁止CBDC

Sigma Binance Square Free Voice

🏆 Prize Pool: Equivalent to $250 in $xSIGMA

Time: May 20th, 20:00 (UTC+8)
Location: Binance Square (https://app.binance.com/uni-qr/cspa/40555731507394?l=en-US&source=host_share&uc=web_square_share_link&us=copylink)
Guests: Sigma Community CM piupiu & Host Sigma Intern

🖊 How to Participate:
1️⃣ $100 (10 spots, $10 each): AMA live mic sharing
2️⃣ $100 (10 spots, $10 each): Share insights in the TG Chinese group after the AMA
3️⃣ $50 (10 spots, $5 each): Retweet the AMA post with text and #SIGMAonBNB , then share the link in the group
4️⃣ Random red packets

⏰ Event Deadline: May 21st, 18:00 (UTC+8)

VanEck and Grayscale are both pushing for a BNB ETF

Canary Capital has even started experimenting:
Integrating "Staking Yield" into the ETF structure

This actually indicates one thing:
Traditional finance is no longer satisfied with just holding crypto assets

Instead, they are beginning to explore:
- On-chain yields
- Staking rewards
- Volatility structures
- Yield stratification

The next stage of competition,
May not just be about "who has an ETF"

But rather:

Who can package the on-chain yield structures,
Into products that traditional finance can understand

BNBFi might just be getting started.

#Canary提交首个质押TRX ETF申请

How many X leverage do folks usually use for #杠杆交易 ?