On-chain capital-operations platform — efficient collaboration, strict risk control
NovaMarket lets investors and operators collaborate on-chain: operators post real first-loss margin that backstops investors — losses hit margin first, and the pool auto-halts when principal reaches the risk cap. Funds are custodied on-chain, settled daily with signed equity, and executed transparently on Hyperliquid, Polymarket and Uniswap — efficient yet strict risk control on every trade.
No centralized exchanges (Binance/Bybit) — an on-chain dedicated account can't order directly on a CEX.
Core value
Operator-posted margin is junior capital — losses hit it before investor principal; the pool auto-halts at the risk cap. Interests are bound by capital structure, not promises.
Each pool × market maps to its own dedicated account; funds never commingle. Execution on Hyperliquid (perps) and Polymarket (prediction markets) — crypto-native, programmable, reconcilable.
Account equity is signed by the operator and settled on-chain daily; PnL, margin slashing, carry and halts are all traceable on-chain. Three-way reconciliation: chain equity / venue query / off-chain indexer.
USDC is custodied in isolated contracts (Arbitrum); each pool's funds are fully isolated. Draws are bounded by per-tx/daily limits; K-of-N multisig + Timelock governance; an independent guardian can pause.
Factory-cloned isolated pools, each with its own target return, risk cap, target market and margin — one operator, one target market, strategy chosen by the operator (possibly multiple), pools independent of one another.
How it works
An operator or investor opens a pool with target return, risk cap, strategy, target market and cap.
Investors pick a pool and deposit USDC, minting pool shares.
The operator posts first-loss margin (covering the risk cap); the pool activates and trading begins.
Equity is signed and reported daily, settled on-chain: profit pays the target return first, losses hit margin first.
Three journeys
Pick a pool → deposit & mint shares → earn target return + NAV growth (principal first-loss-protected) → redeem at NAV.
You want: Daily-verifiable on-chain returns backstopped by junior capital.
Post first-loss margin → activate the pool → trade via the dedicated account on HL/PM → earn carry.
You want: Win trust with skin-in-the-game and scale verifiable performance into AUM.
Open & parameterize → monitor settlement & risk → reconcile daily → halt on anomalies, govern by multisig.
You want: An auditable, haltable, rules-on-chain operating base.
On-chain transparency
- Truth on-chain: custody, deposits, shares, margin and settlement are all enforced by smart contracts.
- Auditable: core contracts open-source, key invariants covered by fuzz and invariant tests.
- First-loss pure function: PnL allocation is decided by the FirstLossPolicy pure function — independently auditable and replayable.
- Daily on-chain settlement: signed equity reports, traceable settlement events.
Custody chain: Arbitrum · Venues: Hyperliquid / Polymarket · Governance: K-of-N multisig + Timelock.
Risk summary
Extreme markets, strategy failure or contract risk can wipe out principal; first-loss only absorbs losses up to the margin amount.
Strategy decay, leverage amplifying PnL, venue counterparty and liquidation risk.
Smart-contract bugs, key/multisig, oracle reporting, base-chain and bridge risk (audit governs before mainnet).
Redemptions wait for capital to return while deployed; halts freeze; cross-chain settlement delays.
Regulatory uncertainty, KYC/sanctions compliance, entity and team risk.
Principal takes losses once margin is exhausted; halt-liquidation price is liquidity-dependent; unrealized gains can't be withdrawn until returned.
⚠️ Investing is risky; principal can be entirely lost. NovaMarket provides no investment advice or offer; shown returns are target/reference values, not commitments; crypto prices are highly volatile and funds used here may go to zero. Not available to residents of restricted jurisdictions.
FAQ
GeneralIs this real mainnet money now?
Currently a testnet (Arbitrum Sepolia) beta; mainnet timing and parameters per official announcements.
GeneralWhy not Binance/Bybit?
Centralized exchanges can't be ordered directly from an on-chain dedicated account, so only Hyperliquid and Polymarket are supported.
GeneralAre the shown returns a promise?
No. All returns are target/reference values, not commitments, and principal can be entirely lost.
InvestorIs my principal safe?
Operator first-loss margin takes losses before your principal, and the pool auto-halts when cumulative principal loss reaches the risk cap; but first-loss only works within the margin amount — in extreme cases principal can be fully lost.
InvestorHow do I earn?
On profitable days the investor target return is paid first; the remainder is split between you (NAV growth) and the operator (carry).
InvestorCan I redeem anytime?
You can request a redemption, but while funds are deployed you wait for them to return; operations are frozen during a halt.
InvestorHow do I pick a pool?
Each pool publishes its terms and margin coverage — choose according to your own risk tolerance.
OperatorWhy post first-loss margin?
It's your skin-in-the-game and the investors' junior buffer — proving conviction with real capital and scaling your track record into AUM.
OperatorHow much margin?
≥ principal × risk cap × coverage. E.g. principal 100,000, risk cap 20%, coverage 100% → 20,000 margin.
OperatorHow do I earn carry?
After paying the investor target return on profitable days, the remaining profit is shared by carry ratio; carry can only be claimed from realized, returned surplus.
OperatorWhat do I lose on a loss?
Your margin first; only after margin is exhausted do losses hit investor principal, possibly triggering a halt and liquidation.
Roadmap
Three layers built (contracts + off-chain services + web portal), in testnet (Arbitrum Sepolia) beta.
Deploy contracts to testnet → end-to-end small-size run (draw→trade→report→settle) → external audit.
Finalize bridge selection → small mainnet rollout → gradual scale-up.
Operators commit, investors get guardrails.
Not available in restricted jurisdictions: United States · Mainland China · Hong Kong · Macau · North Korea · Iran · OFAC-sanctioned regions. This page is not investment advice or an offer.