> For the complete documentation index, see [llms.txt](https://docs.bullpen.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bullpen.fi/about-bullpen/what-is-bullpen.md).

# What is Bullpen?

Bullpen is a non-custodial trading terminal for prediction markets and onchain trading. It brings Polymarket, Hyperliquid, and Jupiter Ultra into one product, then layers in smart money discovery, copy trading, and a CLI.

## Core Principles

**Self-Custody**: Bullpen never takes custody of your funds. You trade directly from your own wallet using embedded wallets or linked external wallets.

**Best Execution**: Prediction markets execute on Polymarket's CLOB. Perps execute on Hyperliquid. Spot routes through Jupiter Ultra for Solana tokens and through Hyperliquid for listed spot assets.

**Unified Experience**: One interface for everything. No switching between apps to trade different markets or chains.

## Supported Markets

| Market             | Execution Venue    | Assets                                        |
| ------------------ | ------------------ | --------------------------------------------- |
| Prediction Markets | Polymarket CLOB    | All Polymarket events                         |
| Perpetuals         | Hyperliquid        | All HL perp markets                           |
| Spot (Major)       | Hyperliquid / UNIT | BTC, ETH, SOL, HYPE, and other HL-listed spot |
| Spot (Long-tail)   | Jupiter Ultra      | Any Solana SPL token                          |

## Smart Money & Copy Trading

**Copy Trading**: Mirror positions from profitable Polymarket wallets with automated execution.

**Smart Money Discovery**: Surface wallets with strong P\&L, win rate, and consistency across Polymarket.

**Convergence Signals**: Flags when multiple tracked wallets independently take the same side of a market.

**Alerts**: Real-time notifications when tracked wallets trade above configurable thresholds.

Learn more:

* [Copy Trading](/smart-money/copy-trading.md)
* [Smart Money Discovery](/smart-money/smart-money-discovery.md)
* [Convergence Signals](/smart-money/convergence-signals.md)
* [Smart Money Alerts](/smart-money/smart-money-alerts.md)

## Bullpen CLI

Bullpen CLI lets you discover markets, trade, track portfolios, and consume smart money data from the terminal. It also ships with AI agent skills for Claude Code and Codex CLI.

* [CLI Quickstart](/bullpen-cli/overview.md)

## Who Builds Bullpen?

Bullpen is built by a team with experience across Hyperliquid, Galaxy, Deribit, Paxos, and Kraken. Co-founded by [Ansem](https://twitter.com/blknoiz06).

For more on the team, see [Team](/about-bullpen/what-is-bullpen/team.md).


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