Where to start
Two questions, then a short list of pages that are actually for you. Everything here is free and most of it works without an account. The lessons are in the Academy - this page just tells you which door to use.
Understand how any of this works
Words first, money later
1The Academy17 courses and 147 lessons, free. This is the only place lessons live - start with course 0, a tour of MarginPad itself.›2Guides13 short explainers, one question each: liquidation, leverage, funding, mark price, margin.›3What leverage actually isnew/basicsThe one idea that decides whether the rest of this hurts you.›4What a liquidation price isnew/basicsThe number the exchange is watching while you are watching the chart.›5Paper TradeWhen the words make sense, open a position with fake money and watch what the words do.›Practice without risking money
Live prices, fake money
1Paper TradeLive prices, fake money, fills settled on our server. No sign-up to try it.›2The simulator, explainedif you are newThe same terminal with the first-visit version of the instructions.›3CalculatorsLiquidation price and position size, worked out before you open rather than after.›4Demo SpotA $10,000 practice card, an exchange, a self-custody wallet and memecoins on four chains.›5Chartsbasics/tradingFull-screen workspace: up to eight windows, indicators, drawings.›6Trading journalbasics/tradingWrite down why you took it and read it back later. This is the part almost everyone skips.›7Your trading reportif you already tradeWhat your own closed trades say about you, with the sample size printed next to every finding.›Read what the market is doing
Our own measurements, live
1LiquidationsWho is being closed out right now, from our own collector rather than a reseller.›2Liquidation heatmapWhere the leverage is stacked, and therefore where price tends to get pulled.›3ScreenerEvery market ranked by movement, funding and open interest in one table.›4Funding ratesbasics/tradingWhat longs and shorts are paying each other right now.›5Open interestbasics/tradingHow much leverage is actually open, not how loud the timeline is.›6Long/short ratiobasics/tradingWhich side the crowd is on.›7Whale trackerbasics/tradingThe biggest Hyperliquid positions and their real fills, with the exchange timestamp.›8Price alertsEmail or Telegram when a coin reaches your price, so you can stop refreshing.›Move to real money, carefully
The parts that cost people accounts
1Size the position firstDecide the size before the trade, not during it.›2Liquidation calculatorKnow the price that closes you before you click, for your exchange and its margin rate.›3How to avoid liquidationnew/basicsThe handful of habits that separate a drawdown from a zero.›4What the fees really arebasics/tradingA round trip at high leverage can eat a fifth of your margin. Here is the arithmetic.›5Compare exchangesFees, leverage and liquidity side by side, with what each one charges you per side.›6Which exchange to open firstif you are newWritten for a first account rather than for a professional desk.›Build or test a trading bot
Free tier, no card
1Bot APIREST, WebSocket and MCP against a paper account. The free plan needs no payment.›2API referencebasics/tradingEvery endpoint, rendered live from the spec so it cannot drift.›3Free market data APIPrices, funding and liquidations as JSON, with no key at all.›4Bot ArenaOther people’s bots ranked on live paper trades, open positions shown next to the win rate.›5Statusif you already tradeUptime for the API and the liquidation feed, so you know whether it is you or us.›Compete, and earn while practising
Free entry, real prizes
1Trading competitionFree entry, six boards, prizes paid every 14 days. What it is and how the scoring works.›2Your seasonThe boards you are on, the pass, the daily call and your goals.›3RewardsClaims, missions and withdrawals. The rewards area unlocks at Bronze, which is 500 XP.›4Levelsnew/basicsBronze to Diamond: how XP is earned and what each level opens.›5The Vaultbasics/tradingWhat the Ticks you earn actually buy.›Questions people ask first
Where are the lessons?
Every lesson lives in the Academy - 17 courses and 147 lessons, free, with quizzes and XP. This page does not teach; it points you at the right page, and for learning that page is the Academy.
Do I need an account?
No. Paper Trade, the calculators, the charts, the screener and every market page work without signing in. An account is only needed to keep your history, appear on a board or withdraw rewards.
Does any of this cost money?
No. The tools, the Academy and the market data are free, and the Bot API has a free plan. We are paid by exchanges when someone opens an account through our links.
Is the trading real?
No - MarginPad is paper trading. Prices are live and fills are settled on our server, but no money moves. That is the point: you can be wrong here for free.
A simulator cannot teach you slippage, funding, or what real money does to your judgement. When the paper account stops surprising you, size down and go live.
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