> For the complete documentation index, see [llms.txt](https://help.margex.com/help-center/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.margex.com/help-center/margex/competitions.md).
# Competitions
Margex is launching [Competitions](https://margex.com/app/competitions) — a new way for traders to test their market instincts against each other.
Competitions are available in both free and paid formats, with prize pools that scale dynamically based on the number of participants. Whether you’re a seasoned analyst or just want to test your gut feeling, Competitions give you a defined way to put your market view to the test — and get rewarded for being right.
The Competitions page has three main sections: **All Competitions**, **My Competitions**, and **Hall of Fame**. This article explains how competitions work, how to join, and how to check results on the global leaderboard.
## How Competitions Work
Every competition follows similar steps:
* **Application Submission stage** — The competition is open for entries. Choose a competition, review the asset and conditions, then join. Each competition has its own rules, including entry price, free or paid status, and whether you can edit your application.
* **Active stage** — Submissions are locked. The competition is live, and the market determines the outcome. You cannot change your prediction.
When the competition ends, its status changes to **Completed**. Final results are calculated, and winners receive their rewards. Each competition may use different calculation criteria.
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A detailed set of competition rules appears at the bottom of each Competition page.
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### Types of Competitions
**Regular Competitions**
Five regular competitions launch automatically every Monday, each focused on a different cryptocurrency. Every regular competition runs for three weeks: one week for submissions, one week active, and one week for the next cycle. This means there’s always a competition you can join right now.
**Standard Competitions**
Standard competitions are created manually and can have custom durations, assets, entry fees, and prize structures. These may be one-off events or special promotions with unique conditions.
**Private Competitions**
Private competitions are exclusive events available only to invited participants. To join, you’ll need an invite code from one of our partners. Keep an eye on Margex partner channels for invite codes and exclusive competition announcements.
**Free and Paid Competitions**
Some competitions are completely free to enter. Others require a participation fee in USDT, which contributes to the prize pool. Each competition card clearly shows whether it’s free or paid before you join.
## Competition Page
The **All Competitions** tab lists competitions that are open for submissions or opening soon.
To view competition details, select the competition card. You will be redirected to its Competition page.
This page shows the competition’s current details, including:
* **Participants** — number of users registered for the competition
* **Competition type**
* **Timeframe** — duration of the Active stage
* **Submission start** — opening date for the Application Submission stage
* **Submission end** — closing date for the Application Submission stage
* **Current prize pool** — prize pool size for the current competition tier
* **Tier** — current tier based on the number of participants
The bottom of the Competition page contains the full competition rules.
## How to Join a Competition
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This article uses the **Price Prediction** competition as an example.
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### Choosing a competition
Competition types have different rules. Use the tab shown below to switch between competitions:
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### Joining a Competition
Select **Join** on the competition card. You will be redirected to the Competition page:
Some competitions require an invitation code. Select **Enter Invite Code** at the top of the **All Competitions** page:
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### Participation Conditions
Review the competition’s basic information on its page. Then select **Predict** to open the application form:
Some competitions require additional conditions. You can participate only when you meet **all conditions**.
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### Monitor the Progress
After submitting your application, wait for the competition to enter its Active stage. Monitor your results on the Competition page or the **My Active Competitions** tab:
You may also be able to edit your application:
**Note:** *Application editing rules and limits vary by competition.*
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### Check the Results and Claim your Reward
Once the competition ends and results are verified, claim your reward on the Competition page. Access it directly or through the **My Competitions** tab.
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## My Competitions
This section shows your active competitions and competition history.
### My Active Competitions
This tab lists every competition you have joined. View basic results here, or select **View Stats** for the Competition page.
### My Competitions History
Your Competition History lists all competitions you previously joined. Check your results or select **View Stats** for a detailed breakdown.
After a competition ends, claim your participation rewards from **Competitions History**:
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## Hall of Fame
The Hall of Fame is the global leaderboard for all competitions. It ranks leaders by trophies earned across competitions.
Winning a competition, regardless of type, awards the following trophies:
* 1st place receives a Gold trophy.
* 2nd place receives a Silver trophy.
* 3rd place receives a Bronze trophy.