Noviscia User Guide

Audience: Traders and liquidity users
Network: Solana devnet (mainnet guide will ship with TGE)

What is Noviscia?

Noviscia is a perpetual futures exchange where your margin can earn yield while you are not trading. Deposit once, trade SOL/BTC/ETH perps, and let idle USDC work across lending venues—with automatic recall when you open a position.

You need: Phantom (or any Solana wallet) on devnet, plus devnet SOL for fees.

Quick start (5 minutes)

1. Connect wallet

1. Open the app (local: http://localhost:3000 or your deployed URL).
2. Switch wallet to Solana Devnet.
3. Click Connect Wallet.

2. Get devnet USDC

Use the in-app faucet or devnet USDC mint configured for the deployment (NEXT_PUBLIC_USDC_MINT in env). You need USDC before depositing.

3. Mint NVSCUSDC (recommended path)

1. Go to Earn → Vault (/earn/vault).
2. Deposit USDC → receive NVSCUSDC shares at current NAV.
3. Open the Margin tab → Deposit NVSCUSDC into your escrow.

NVSCUSDC is yield-bearing vault shares used as perp margin.

4. Trade a perp

1. Go to Trade → Perps (/trade/perps).
2. Pick a live market: SOL, BTC, or ETH (badge: Live).
3. Choose margin: NVSCUSDC (default) or USDC.
4. Set collateral, leverage, long/short → confirm in wallet.

5. Close and claim

1. Close from the Open Positions panel on the perps page.
2. Go to Earn → Rewards to claim accumulated lend yield (if you used USDC auto-lend).

Understanding markets vs margin

These are different choices:

• NVSCUSDC = vault shares (earn NAV yield; primary margin).
• USDC = plain stable in escrow (can enable auto-lend on idle slice).
• NVSC token = governance & staking—not a perp market and not margin by default.

Preview markets (BONK, WIF, JUP, etc.) show charts only until marked Live in the catalog.

Product flows

Vault (/earn/vault)

Perps (/trade/perps)

• Market selector with Live / Soon badges.
• Long / short, market or limit entry.
• TP/SL fields (UI; full on-chain binding = roadmap).
• Account summary: idle margin, lent amount, open positions.

Stake (/earn/stake)

• Stake NVSC for governance and documented fee tiers.
• Vote on venue weight proposals.
• Unstake: partial = 7-day cooldown; full = instant.

Rewards (/earn/rewards)

• Claim escrow lend yield.
• View burn pool and staking fee pool stats.

Token (/token)

• NVSC supply, distribution, and utility overview.

NVSCUSDC vs USDC margin

Tip: If you see a recall error, disable lending temporarily or wait for keeper recall, then retry open.

Live perp markets (devnet)

Fees (what you pay / earn)

Exact bps are on-chain in pt-config and vault config.

FAQ

Can I trade without NVSCUSDC?
Yes—deposit USDC directly to escrow and select USDC margin on perps.

Why is the trade button disabled on BONK?
That market is preview-only until oracle + keeper support is enabled.

Do I need NVSC to trade?
No. NVSC is for staking and governance.

Is this mainnet?
No—current deployment targets devnet. Mainnet is planned after audit (~Q3 2026).

Where are my funds?
In your escrow PDA (non-custodial)—not in a centralized wallet.

What if escrow shows “incompatible”?
Your escrow may be from an older program version. Use a fresh devnet wallet or ask ops to close the old escrow with admin key.

Troubleshooting

Learn more

• Whitepaper
• Tokenomics
• Launch roadmap
• In-app: /more/docs

Noviscia — Make idle capital work every second.