# SIR

> SIR is a DeFi protocol for leveraged trading without liquidation risk or volatility decay — pay a one-time fee and keep the upside.

SIR lets long-term investors hold leverage safely. Unlike perpetual futures, positions have no funding rates, no maintenance margin, and cannot be liquidated by price volatility; leverage is paid for once, up front. The protocol targets convex, buy-and-hold leveraged exposure and is deployed on Ethereum and MegaETH. The app, documentation, and an agent-oriented reference live on the `app.sir.trading` and `docs.sir.trading` subdomains.

## Core pages

- [Home](https://sir.trading/): what SIR is, how leverage-without-liquidation works, and who it's for.
- [Launch App](https://app.sir.trading): the live application to mint and manage leveraged positions.
- [Docs](https://docs.sir.trading): protocol mechanics, contracts, and integration guides.
- [For agents](https://app.sir.trading/sir-trading.md): machine-readable reference written for AI assistants and agents.
- [Team](https://sir.trading/team): the people building SIR.
- [Security Audits](https://sir.trading/audits): independent third-party audit reports.
- [Allocations](https://sir.trading/allocations): MegaSIR token allocations for the MegaETH chain.

## Security audits

- [Egis Security — MegaETH](https://sir.trading/audits/egis-megaeth): audit for the MegaETH launch.
- [Custodia Security](https://sir.trading/audits/custodia): smart-contract audit for the Ethereum relaunch.
- [Egis Security](https://sir.trading/audits/egis): security review for the Ethereum relaunch.
- [Syzygy](https://sir.trading/audits/syzygy): independent security analysis.
- [Guild Audits](https://sir.trading/audits/guild): protocol security verification.
- [Egis Security — Pre-Exploit](https://sir.trading/audits/pre-exploit): original Ethereum audit before the exploit.

## Key facts

- No liquidations: leveraged positions are not liquidated by market volatility.
- One-time cost: leverage is paid once up front, with no recurring funding rates.
- No volatility decay: designed to avoid the value erosion that hurts leveraged tokens and perps over time.
- Convex, long-term exposure: built for buy-and-hold leverage rather than short-term trading.
- Deployed on Ethereum and MegaETH.

## Elsewhere

- [X / Twitter](https://x.com/leveragesir)
- [Discord](https://discord.gg/sirtrade)
- [GitHub](https://github.com/SIR-trading)