Overview
Getting started
From no wallet to an open position in about two minutes. Everything is on NEAR testnet and free.
1. Sign in with a NEAR wallet
Open the app and press Sign in. Neap works with NEAR testnet wallets such as Meteor, HOT and MyNearWallet. Creating a testnet account is free.
Neap never holds your keys. Every action that moves value is a transaction you sign in your own wallet.
2. Get test USDC
Open the account menu in the top right and press Get 1,000 test USDC. The tokens are minted to your NEAR wallet on usdc.fakes.testnet, the standard testnet USDC. The first-run guide on the trade screen has the same button.
3. Deposit into Neap
Move USDC from your NEAR wallet into Neap. It lands in your Neap balance, which is idle USDC that you can move into any market or withdraw at any time.
| Balance | What it is |
|---|---|
| NEAR wallet | USDC in your own wallet. Neap cannot touch it. |
| In Neap | Idle USDC inside the contract, ready to use. |
| Margin | USDC backing a position in one market. Isolated from every other market. |
4. Place your first trade
- Go to Trade and pick a market, for example
NEAR-PERP. - Choose Long if you think the price will rise, Short if you think it will fall.
- Enter a size and a leverage. The default is
2x. - Read the quote: execution price, spread, fee and liquidation price are shown before you sign.
- Sign. The order shows as pending, then fills in a few seconds.
The ticket moves the margin your position needs from your Neap balance into the market for you.
5. Close and withdraw
Close the position from the position panel. The app converts your settled profit to USDC, and you can then move margin back to your Neap balance and withdraw to your NEAR wallet from Portfolio.