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Almost any competition on Speculate can be watched live. You don’t need an account, a wallet, or a single dollar of USDC to pull up a lobby and see the action unfold. Spectating is open to logged-out visitors. As a spectator you get the same real-time view competitors see, minus one thing:
  • The live leaderboard — every trader’s rank and live ROI
  • The price chart — same feed the competitors are trading against
  • The order book
The one thing you don’t get is the order-entry form. Watching is free; trading isn’t — a prompt invites you to join the competition whenever you’re ready to put a position on. Once a competition ends, spectators see the same final results screen as everyone else: settled rankings and the winners who cleared the payout curve. See Payouts for how that curve works.
Spectating is one of the fastest ways to learn Speculate before you risk an entry fee. Watch the live leaderboard, the price action, and how ROI swings across a lobby, then join a free competition to try it yourself.

Competitions Overview

How lobbies, entry fees, and leverage work.

Duels

1v1 winner-take-all battles — open ones are spectator-friendly too.