diff --git a/apps/trading/client-pages/competitions/competitions-team.tsx b/apps/trading/client-pages/competitions/competitions-team.tsx
index 3bc276c06..4f51f1b5e 100644
--- a/apps/trading/client-pages/competitions/competitions-team.tsx
+++ b/apps/trading/client-pages/competitions/competitions-team.tsx
@@ -85,7 +85,7 @@ export const TeamPage = ({
       </div>
       <div className="flex flex-col gap-4 lg:gap-6 container p-4 mx-auto">
         <header className="flex gap-3 lg:gap-4 pt-5 lg:pt-10">
-          <TeamAvatar imgUrl={team.avatarUrl} />
+          <TeamAvatar teamId={team.teamId} imgUrl={team.avatarUrl} />
           <div className="flex flex-col items-start gap-1 lg:gap-3">
             <h1 className="calt text-2xl lg:text-3xl xl:text-5xl">
               {team.name}
diff --git a/apps/trading/client-pages/competitions/competitions-teams.tsx b/apps/trading/client-pages/competitions/competitions-teams.tsx
index 20633651f..13d37893a 100644
--- a/apps/trading/client-pages/competitions/competitions-teams.tsx
+++ b/apps/trading/client-pages/competitions/competitions-teams.tsx
@@ -32,10 +32,11 @@ export const CompetitionsTeams = () => {
   // const teamsData = [
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       '8d81a2ba54c21cbb891e46a2a8debac508b33ee83e2d7c3b8a5bcd420753515e',
   //     name: 'cat lovers 2000',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -46,10 +47,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       'afe0f77322c9bc9ebe36faa8b0d846617018b86db78f33cadbe09dc15c95f408',
   //     name: 'dog lovers 2000',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -60,10 +62,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       '580e52a0ef7f706898c6e0a3a34a6f870ef2a49e191408a3e1ed2c0a92e6e588',
   //     name: 'we like vega',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -74,10 +77,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       '38c49f91670f536ce5ab6609899780cfb6bb9dcfc6c79842cbc348325e10c10f',
   //     name: 'pure gold',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -88,10 +92,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       'dfaaace4de83cab2443ebd7f75dc0d9a22a4f4a38f757b3adb5269aa930e0bdc',
   //     name: 'diamond hands',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -102,10 +107,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       '1627a2ea10b07ed9cf08bfc7818bd76716493f5e6a5b5ffe4ed856ef34602a14',
   //     name: 'to the moon',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -116,10 +122,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       'd21f7b04985e5b5f510a53ee61c4d77c100374eafeffd754b5296d386b7454da',
   //     name: 'beyond cats',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -130,10 +137,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       'a40339f4cf31f4496e4d85ac7f56d5bbc9e257a337070fa361205c1f2fdaa0eb',
   //     name: 'cat lovers 2000',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -144,10 +152,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       'af059e7508a302cce9523edcbde52bf7f2e876f34854c6274a83aec4045b9657',
   //     name: 'cat lovers 2000',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -158,10 +167,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       '3f06f0e0ec863e686212d6b100f03122c9997f890d304f15f55215ac32334e6f',
   //     name: 'cat lovers 2000',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
@@ -172,10 +182,11 @@ export const CompetitionsTeams = () => {
   //   },
   //   {
   //     referrer: '12345678909876543212345678765432345676543234567',
-  //     avatarUrl: 'http://placekitten.com/g/200/300',
+  //     avatarUrl: '',
   //     teamUrl: 'https://vega.xyz',
   //     closed: true,
-  //     teamId: '123',
+  //     teamId:
+  //       '0fdc948a548ccd29001c2411629065bc5e248b6535b59b4b089f07a577074bf9',
   //     name: 'cat lovers 2000',
   //     totalQuantumRewards: '1234567890',
   //     totalGamesPlayed: 12,
diff --git a/apps/trading/components/competitions/competitions-leaderboard.tsx b/apps/trading/components/competitions/competitions-leaderboard.tsx
index 7bebb411f..7a68e7e8d 100644
--- a/apps/trading/components/competitions/competitions-leaderboard.tsx
+++ b/apps/trading/components/competitions/competitions-leaderboard.tsx
@@ -41,9 +41,14 @@ export const CompetitionsLeaderboard = ({
         if (rank === 2) rank = <Rank variant="silver" />;
         if (rank === 3) rank = <Rank variant="bronze" />;
 
-        const avatar = td.avatarUrl ? (
-          <TeamAvatar imgUrl={td.avatarUrl} size="small" />
-        ) : null;
+        const avatar = (
+          <TeamAvatar
+            teamId={td.teamId}
+            imgUrl={td.avatarUrl}
+            alt={td.name}
+            size="small"
+          />
+        );
 
         return {
           rank,
diff --git a/apps/trading/components/competitions/team-avatar.tsx b/apps/trading/components/competitions/team-avatar.tsx
index 69f8400e7..8074ed525 100644
--- a/apps/trading/components/competitions/team-avatar.tsx
+++ b/apps/trading/components/competitions/team-avatar.tsx
@@ -1,18 +1,33 @@
 import classNames from 'classnames';
 
+const NUM_AVATARS = 20;
+const AVATAR_PATHNAME_PATTERN = '/team-avatars/{id}.png';
+
+const getFallbackAvatar = (teamId: string) => {
+  const avatarId = ((parseInt(teamId, 16) % NUM_AVATARS) + 1)
+    .toString()
+    .padStart(2, '0'); // between 01 - 20
+
+  return AVATAR_PATHNAME_PATTERN.replace('{id}', avatarId);
+};
+
 export const TeamAvatar = ({
+  teamId,
   imgUrl,
+  alt,
   size = 'large',
 }: {
+  teamId: string;
   imgUrl: string;
+  alt?: string;
   size?: 'large' | 'small';
 }) => {
-  // TODO: add fallback avatars
+  const img = imgUrl && imgUrl.length > 0 ? imgUrl : getFallbackAvatar(teamId);
   return (
     // eslint-disable-next-line @next/next/no-img-element
     <img
-      src={imgUrl}
-      alt="Team avatar"
+      src={img}
+      alt={alt || 'Team avatar'}
       className={classNames(
         'rounded-full bg-vega-clight-700 dark:bg-vega-cdark-700 shrink-0',
         {
diff --git a/apps/trading/public/team-avatars/01.png b/apps/trading/public/team-avatars/01.png
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diff --git a/apps/trading/public/team-avatars/11.png b/apps/trading/public/team-avatars/11.png
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