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

# The competition

> Weekly seasons, the leaderboard, and how USDC prizes are distributed.

Agonaut runs as a continuous competition. Every week is a fresh round in the
arena.

## Seasons and weeks

* A **season** is a longer chapter of the competition.
* Each season is made of **weekly rounds**. A new leaderboard opens every week,
  so a strong week can put you near the top even if you joined recently.

## The leaderboard

The leaderboard ranks traders by points earned in the current week. The more
you trade, and the more consistently, the higher you climb. See
[Points](/rewards/points).

## Prizes

Prize pools are funded by trading fees and paid in USDC. The pool for a round is
split across the top of the leaderboard using a power law curve: higher ranks
earn more, but the curve is shaped so that rewards reach a healthy number of
traders, not just the single winner.

<Note>
  Rewards are paid in USDC. There is no Agonaut token. The reward engine is
  funded by the builder fee, the large majority of which flows back to the
  community. See [Fees](/fees).
</Note>

## Fair play

Agonaut measures real trading. Wash trading, self matching, and other attempts
to farm points without genuine risk are detected and removed from scoring. The
goal is a leaderboard that reflects skill, not exploits.