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Documentation Index

Fetch the complete documentation index at: https://docs.noise.xyz/llms.txt

Use this file to discover all available pages before exploring further.

Credits are the in-app currency used to open positions on Noise. You purchase credits during sign-up. Credits are non-refundable, non-redeemable, and do not represent USD or any fiat currency. See Trading — Credits for more detail.
Noise offers continuous markets on trends across tech, culture, business, entertainment, crypto, and more. Each market has a Relevance Index — a composite metric derived from social signals and market data — which feeds into the oracle price via the funding mechanism. New markets are added based on data source availability and coverage.
Noise is non-custodial. Your collateral is held in smart contracts on Base and Noise does not have access to your funds. An embedded wallet is created for you at signup through Privy, or you can connect your own external wallet. All deposits and withdrawals are onchain and verifiable.
The price you trade at is set by other traders on the order book — not by the Relevance Index directly. The oracle price blends a normalized relevance signal with trading volume, and funding rates gradually pull the market price toward the oracle. Manipulating a single data source does not directly move the price you trade at.
Each market is configured with multiple data sources. If a source produces no data for a given tick, its contribution decays gradually rather than dropping to zero. The Relevance Index continues to update from the remaining active sources.
The Relevance Index measures the absolute level of relevance for a trend. The oracle price is derived from the Attention Factor (the Relevance Index normalized against its historical average) combined with normalized Noise trading volume. The oracle is a blended signal — not a direct passthrough of relevance data. See Relevance — From Relevance to Oracle Price for more detail.
Leverage amplifies your exposure relative to the margin you put up. Noise currently has leverage fixed at 1x. Noise uses isolated margin — each position has its own dedicated margin, independent of your other positions. A liquidation on one position does not affect others.
Liquidation is a staged process. At 80% margin ratio you receive a warning. At 90% the system begins partial position reduction. At 100% the full position is closed via market order. Any remaining margin after covering losses is returned to you.
Funding is a continuous payment between longs and shorts that pushes the mark price toward the oracle price. When the market trades above the oracle, longs pay shorts. When below, shorts pay longs. Funding is accrued per second. See How It Works for more detail.
Sign up, purchase credits, and start trading. Browse the Discover page to find trends.