> ## Documentation Index
> Fetch the complete documentation index at: https://docs.speculate.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Speculate

> The competitive social trading platform

Speculate turns trading into a competitive e-sport. Enter a trading competition, trade a simulated balance head-to-head against other players, climb the leaderboard, and win real USDC prizes — while stacking XP toward the **\$SPEC** token.

<Note>
  **The trading is simulated — the stakes are real.** You trade a **\$10,000** practice balance on Speculate's own engine, priced live off Kraken market data. Entry fees and prize pools are real USDC, and your maximum loss in a paid competition is capped at your entry fee.
</Note>

## Products

<CardGroup cols={2}>
  <Card title="Competitions" icon="trophy" href="/competitions/overview">
    Multiplayer trading contests with real USDC prize pools.
  </Card>

  <Card title="Duels" icon="swords" href="/duels/overview">
    1v1 winner-take-all trading battles.
  </Card>

  <Card title="Trading" icon="chart-candlestick" href="/trading/overview">
    The perps trading engine behind every competition.
  </Card>

  <Card title="HyperStake" icon="zap" href="/hyperstake/overview">
    One-tap leveraged bets on real Hyperliquid perps.
  </Card>

  <Card title="Wallet & Funds" icon="wallet" href="/wallet/overview">
    Deposit and withdraw USDC, with gasless withdrawals.
  </Card>

  <Card title="XP & $SPEC" icon="sparkles" href="/rewards/xp">
    Earn your share of the token supply.
  </Card>

  <Card title="Referrals" icon="user-plus" href="/rewards/referrals">
    Earn XP for bringing traders onto the platform.
  </Card>
</CardGroup>

## New here?

<Steps>
  <Step title="Sign up">
    Log in with email or a wallet — a trading wallet is created for you automatically.
  </Step>

  <Step title="Add funds">
    Deposit USDC to your wallet.
  </Step>

  <Step title="Join a competition">
    Pick a competition that fits your entry fee and leverage appetite, and enter.
  </Step>

  <Step title="Trade and climb">
    Trade the simulated balance against the field. Highest ROI wins.
  </Step>
</Steps>

Ready to compete? Open the app at [app.speculate.trade](https://app.speculate.trade).