Faster-than-Nyquist (FTN) signaling aided non-orthogonal multiple access (NOMA) is conceived and its achievable rate is quantified in the presence of <italic xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">random</i> link delays of the different users. We reveal that exploiting the link delays may potentially lead to a signal-to-interference-plus-noise ratio (SINR) gain, while transmitting the data symbols at FTN rates has the potential of increasing the degree-of-freedom (DoF). We then unveil the fundamental trade-off between the SINR and DoF. In particular, at a sufficiently high symbol rate, the SINR gain vanishes while the DoF gain achieves its maximum, where the achievable rate is almost <inline-formula xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink"> <tex-math notation="LaTeX">$(1+\beta)$ </tex-math></inline-formula> times higher than that of the conventional synchronous NOMA transmission in the high signal-to-noise ratio (SNR) regime, with <inline-formula xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink"> <tex-math notation="LaTeX">$\beta $ </tex-math></inline-formula> being the roll-off factor of the signaling pulse. Our simulation results verify our analysis and demonstrate considerable rate improvements over the conventional power-domain NOMA scheme.