diff --git a/apps/trading/.env.stagnet1 b/apps/trading/.env.stagnet1
index c30708ad7..8634b87af 100644
--- a/apps/trading/.env.stagnet1
+++ b/apps/trading/.env.stagnet1
@@ -26,6 +26,7 @@ NX_ICEBERG_ORDERS=true
 # NX_PRODUCT_PERPETUALS
 NX_METAMASK_SNAPS=true
 NX_REFERRALS=true
+NX_TEAM_COMPETITION=true
 
 NX_CHARTING_LIBRARY_PATH=https://assets.vega.community/trading-view-bundle/v0.0.1/
 NX_CHARTING_LIBRARY_HASH=PDjWaqPFndDp+LCvqbKvntWriaqNzNpZ5i9R/BULzCg=
diff --git a/apps/trading/client-pages/competitions/competitions-create-team.tsx b/apps/trading/client-pages/competitions/competitions-create-team.tsx
index ee12a5c0c..e8ead8e9e 100644
--- a/apps/trading/client-pages/competitions/competitions-create-team.tsx
+++ b/apps/trading/client-pages/competitions/competitions-create-team.tsx
@@ -1,28 +1,9 @@
 import { useSearchParams } from 'react-router-dom';
-import { Controller, useForm } from 'react-hook-form';
-import {
-  Intent,
-  TextArea,
-  TradingAnchorButton,
-  TradingButton,
-  TradingCheckbox,
-  TradingFormGroup,
-  TradingInput,
-  TradingInputError,
-} from '@vegaprotocol/ui-toolkit';
-import {
-  useVegaWallet,
-  type CreateReferralSet,
-  type Status,
-  useVegaWalletDialogStore,
-} from '@vegaprotocol/wallet';
-import {
-  addDecimalsFormatNumber,
-  isValidVegaPublicKey,
-  URL_REGEX,
-} from '@vegaprotocol/utils';
+import { Intent, TradingAnchorButton } from '@vegaprotocol/ui-toolkit';
+import { useVegaWallet, useVegaWalletDialogStore } from '@vegaprotocol/wallet';
+import { addDecimalsFormatNumber } from '@vegaprotocol/utils';
 import { useT } from '../../lib/use-t';
-import { useCreateReferralSet } from '../../lib/hooks/use-create-referral-set';
+import { useReferralSetTransaction } from '../../lib/hooks/use-referral-set-transaction';
 import { DApp, TokenStaticLinks, useLinks } from '@vegaprotocol/environment';
 import { RainbowButton } from '../../components/rainbow-button';
 import { usePageTitle } from '../../lib/hooks/use-page-title';
@@ -30,14 +11,7 @@ import { ErrorBoundary } from '../../components/error-boundary';
 import { Box } from '../../components/competitions/box';
 import { LayoutWithGradient } from '../../components/layouts-inner';
 import { Links } from '../../lib/links';
-
-interface FormFields {
-  name: string;
-  url: string;
-  avatarUrl: string;
-  private: boolean;
-  allowList: string;
-}
+import { TeamForm, TransactionType } from './team-form';
 
 export const CompetitionsCreateTeam = () => {
   const [searchParams] = useSearchParams();
@@ -85,7 +59,7 @@ const CreateTeamFormContainer = ({ isSolo }: { isSolo: boolean }) => {
   const createLink = useLinks(DApp.Governance);
 
   const { err, status, code, isEligible, requiredStake, onSubmit } =
-    useCreateReferralSet({
+    useReferralSetTransaction({
       onSuccess: (code) => {
         // For some reason team creation takes a long time, too long even to make
         // polling viable, so its not feasible to navigate to the team page
@@ -146,7 +120,8 @@ const CreateTeamFormContainer = ({ isSolo }: { isSolo: boolean }) => {
   }
 
   return (
-    <CreateTeamForm
+    <TeamForm
+      type={TransactionType.CreateReferralSet}
       onSubmit={onSubmit}
       status={status}
       err={err}
@@ -154,180 +129,3 @@ const CreateTeamFormContainer = ({ isSolo }: { isSolo: boolean }) => {
     />
   );
 };
-
-const CreateTeamForm = ({
-  status,
-  err,
-  isSolo,
-  onSubmit,
-}: {
-  status: ReturnType<typeof useCreateReferralSet>['status'];
-  err: ReturnType<typeof useCreateReferralSet>['err'];
-  isSolo: boolean;
-  onSubmit: (tx: CreateReferralSet) => void;
-}) => {
-  const t = useT();
-
-  const {
-    register,
-    handleSubmit,
-    control,
-    watch,
-    formState: { errors },
-  } = useForm<FormFields>({
-    defaultValues: {
-      private: isSolo,
-    },
-  });
-
-  const isPrivate = watch('private');
-
-  const createTeam = (fields: FormFields) => {
-    onSubmit({
-      createReferralSet: {
-        isTeam: true,
-        team: {
-          name: fields.name,
-          teamUrl: fields.url,
-          avatarUrl: fields.avatarUrl,
-          closed: fields.private,
-          allowList: fields.private ? parseAllowListText(fields.allowList) : [],
-        },
-      },
-    });
-  };
-
-  return (
-    <form onSubmit={handleSubmit(createTeam)}>
-      <TradingFormGroup label={t('Team name')} labelFor="name">
-        <TradingInput {...register('name', { required: t('Required') })} />
-        {errors.name?.message && (
-          <TradingInputError forInput="name">
-            {errors.name.message}
-          </TradingInputError>
-        )}
-      </TradingFormGroup>
-      <TradingFormGroup
-        label={t('URL')}
-        labelFor="url"
-        labelDescription={t(
-          'Provide a link so users can learn more about your team'
-        )}
-      >
-        <TradingInput
-          {...register('url', {
-            pattern: { value: URL_REGEX, message: t('Invalid URL') },
-          })}
-        />
-        {errors.url?.message && (
-          <TradingInputError forInput="url">
-            {errors.url.message}
-          </TradingInputError>
-        )}
-      </TradingFormGroup>
-      <TradingFormGroup
-        label={t('Avatar URL')}
-        labelFor="avatarUrl"
-        labelDescription={t('Provide a URL to a hosted image')}
-      >
-        <TradingInput
-          {...register('avatarUrl', {
-            pattern: {
-              value: URL_REGEX,
-              message: t('Invalid image URL'),
-            },
-          })}
-        />
-        {errors.avatarUrl?.message && (
-          <TradingInputError forInput="avatarUrl">
-            {errors.avatarUrl.message}
-          </TradingInputError>
-        )}
-      </TradingFormGroup>
-      <TradingFormGroup
-        label={t('Make team private')}
-        labelFor="private"
-        hideLabel={true}
-      >
-        <Controller
-          name="private"
-          control={control}
-          render={({ field }) => {
-            return (
-              <TradingCheckbox
-                label={t('Make team private')}
-                checked={field.value}
-                onCheckedChange={(value) => {
-                  field.onChange(value);
-                }}
-                disabled={isSolo}
-              />
-            );
-          }}
-        />
-      </TradingFormGroup>
-      {isPrivate && (
-        <TradingFormGroup
-          label={t('Public key allow list')}
-          labelFor="allowList"
-          labelDescription={t(
-            'Use a comma separated list to allow only specific public keys to join the team'
-          )}
-        >
-          <TextArea
-            {...register('allowList', {
-              required: t('Required'),
-              disabled: isSolo,
-              validate: {
-                allowList: (value) => {
-                  const publicKeys = parseAllowListText(value);
-                  if (publicKeys.every((pk) => isValidVegaPublicKey(pk))) {
-                    return true;
-                  }
-                  return t('Invalid public key found in allow list');
-                },
-              },
-            })}
-          />
-          {errors.allowList?.message && (
-            <TradingInputError forInput="avatarUrl">
-              {errors.allowList.message}
-            </TradingInputError>
-          )}
-        </TradingFormGroup>
-      )}
-      {err && (
-        <p className="text-danger text-xs mb-4 first-letter:capitalize">
-          {err}
-        </p>
-      )}
-      <SubmitButton status={status} />
-    </form>
-  );
-};
-
-const SubmitButton = ({ status }: { status: Status }) => {
-  const t = useT();
-  const disabled = status === 'pending' || status === 'requested';
-
-  let text = t('Create');
-
-  if (status === 'requested') {
-    text = t('Confirm in wallet...');
-  } else if (status === 'pending') {
-    text = t('Confirming transaction...');
-  }
-
-  return (
-    <TradingButton type="submit" intent={Intent.Info} disabled={disabled}>
-      {text}
-    </TradingButton>
-  );
-};
-
-const parseAllowListText = (str: string) => {
-  return str
-    .split(',')
-    .map((v) => v.trim())
-    .filter(Boolean);
-};
diff --git a/apps/trading/client-pages/competitions/competitions-home.tsx b/apps/trading/client-pages/competitions/competitions-home.tsx
index fde2ceb4f..bfe1ed1c7 100644
--- a/apps/trading/client-pages/competitions/competitions-home.tsx
+++ b/apps/trading/client-pages/competitions/competitions-home.tsx
@@ -3,7 +3,7 @@ import { ErrorBoundary } from '@sentry/react';
 import { CompetitionsHeader } from '../../components/competitions/competitions-header';
 import { Intent, Loader, TradingButton } from '@vegaprotocol/ui-toolkit';
 
-import { useGames } from './hooks/use-games';
+import { useGames } from '../../lib/hooks/use-games';
 import { useCurrentEpochInfoQuery } from '../referrals/hooks/__generated__/Epoch';
 import { Link, useNavigate } from 'react-router-dom';
 import { Links } from '../../lib/links';
@@ -13,7 +13,7 @@ import {
 } from '../../components/competitions/competitions-cta';
 import { GamesContainer } from '../../components/competitions/games-container';
 import { CompetitionsLeaderboard } from '../../components/competitions/competitions-leaderboard';
-import { useTeams } from './hooks/use-teams';
+import { useTeams } from '../../lib/hooks/use-teams';
 import take from 'lodash/take';
 import { usePageTitle } from '../../lib/hooks/use-page-title';
 
diff --git a/apps/trading/client-pages/competitions/competitions-team.tsx b/apps/trading/client-pages/competitions/competitions-team.tsx
index cdc0b76a8..30fa6754c 100644
--- a/apps/trading/client-pages/competitions/competitions-team.tsx
+++ b/apps/trading/client-pages/competitions/competitions-team.tsx
@@ -22,6 +22,7 @@ import { ErrorBoundary } from '../../components/error-boundary';
 import { LayoutWithGradient } from '../../components/layouts-inner';
 import { useVegaWallet } from '@vegaprotocol/wallet';
 import { JoinTeam } from './join-team';
+import { UpdateTeamButton } from './update-team-button';
 
 export const CompetitionsTeam = () => {
   const t = useT();
@@ -100,6 +101,7 @@ const TeamPage = ({
             {team.name}
           </h1>
           <JoinTeam team={team} partyTeam={partyTeam} refetch={refetch} />
+          <UpdateTeamButton team={team} />
         </div>
       </header>
       <TeamStats stats={stats} members={members} games={games} />
diff --git a/apps/trading/client-pages/competitions/competitions-teams.tsx b/apps/trading/client-pages/competitions/competitions-teams.tsx
index 5f1867b01..ecc716e43 100644
--- a/apps/trading/client-pages/competitions/competitions-teams.tsx
+++ b/apps/trading/client-pages/competitions/competitions-teams.tsx
@@ -2,7 +2,7 @@ import { ErrorBoundary } from '@sentry/react';
 import { CompetitionsHeader } from '../../components/competitions/competitions-header';
 import { useRef, useState } from 'react';
 import { useT } from '../../lib/use-t';
-import { useTeams } from './hooks/use-teams';
+import { useTeams } from '../../lib/hooks/use-teams';
 import { CompetitionsLeaderboard } from '../../components/competitions/competitions-leaderboard';
 import {
   Input,
diff --git a/apps/trading/client-pages/competitions/competitions-update-team.tsx b/apps/trading/client-pages/competitions/competitions-update-team.tsx
new file mode 100644
index 000000000..1ccad1a89
--- /dev/null
+++ b/apps/trading/client-pages/competitions/competitions-update-team.tsx
@@ -0,0 +1,106 @@
+import { ErrorBoundary } from '../../components/error-boundary';
+import { usePageTitle } from '../../lib/hooks/use-page-title';
+import { Box } from '../../components/competitions/box';
+import { useT } from '../../lib/use-t';
+import { useVegaWallet, useVegaWalletDialogStore } from '@vegaprotocol/wallet';
+import { Loader, Splash } from '@vegaprotocol/ui-toolkit';
+import { RainbowButton } from '../../components/rainbow-button';
+import { Link, Navigate, useParams } from 'react-router-dom';
+import { Links } from '../../lib/links';
+import { useReferralSetTransaction } from '../../lib/hooks/use-referral-set-transaction';
+import { type FormFields, TeamForm, TransactionType } from './team-form';
+import { useTeam } from '../../lib/hooks/use-team';
+import { LayoutWithGradient } from '../../components/layouts-inner';
+
+export const CompetitionsUpdateTeam = () => {
+  const t = useT();
+  usePageTitle([t('Competitions'), t('Update a team')]);
+  const { pubKey, isReadOnly } = useVegaWallet();
+  const openWalletDialog = useVegaWalletDialogStore(
+    (store) => store.openVegaWalletDialog
+  );
+  const { teamId } = useParams<{ teamId: string }>();
+  if (!teamId) {
+    return <Navigate to={Links.COMPETITIONS()} />;
+  }
+
+  return (
+    <ErrorBoundary feature="update-team">
+      <LayoutWithGradient>
+        <div className="mx-auto md:w-2/3 max-w-xl">
+          <Box className="flex flex-col gap-4">
+            <h1 className="calt text-2xl lg:text-3xl xl:text-5xl">
+              {t('Update a team')}
+            </h1>
+            {pubKey && !isReadOnly ? (
+              <UpdateTeamFormContainer teamId={teamId} pubKey={pubKey} />
+            ) : (
+              <>
+                <p>{t('Connect to update the details of your team.')}</p>
+                <RainbowButton variant="border" onClick={openWalletDialog}>
+                  {t('Connect wallet')}
+                </RainbowButton>
+              </>
+            )}
+          </Box>
+        </div>
+      </LayoutWithGradient>
+    </ErrorBoundary>
+  );
+};
+
+const UpdateTeamFormContainer = ({
+  teamId,
+  pubKey,
+}: {
+  teamId: string;
+  pubKey: string;
+}) => {
+  const t = useT();
+  const { team, loading, error } = useTeam(teamId, pubKey);
+
+  const { err, status, onSubmit } = useReferralSetTransaction({
+    onSuccess: () => {
+      // NOOP
+    },
+  });
+
+  if (loading) {
+    return <Loader size="small" />;
+  }
+  if (error) {
+    return (
+      <Splash className="gap-1">
+        <span>{t('Something went wrong.')}</span>
+        <Link to={Links.COMPETITIONS_TEAM(teamId)} className="underline">
+          {t("Go back to the team's profile")}
+        </Link>
+      </Splash>
+    );
+  }
+
+  const isMyTeam = team?.referrer === pubKey;
+  if (!isMyTeam) {
+    return <Navigate to={Links.COMPETITIONS_TEAM(teamId)} />;
+  }
+
+  const defaultValues: FormFields = {
+    id: team.teamId,
+    name: team.name,
+    url: team.teamUrl,
+    avatarUrl: team.avatarUrl,
+    private: team.closed,
+    allowList: team.allowList.join(','),
+  };
+
+  return (
+    <TeamForm
+      type={TransactionType.UpdateReferralSet}
+      status={status}
+      err={err}
+      isSolo={team.closed}
+      onSubmit={onSubmit}
+      defaultValues={defaultValues}
+    />
+  );
+};
diff --git a/apps/trading/client-pages/competitions/team-form.tsx b/apps/trading/client-pages/competitions/team-form.tsx
new file mode 100644
index 000000000..93368b0bf
--- /dev/null
+++ b/apps/trading/client-pages/competitions/team-form.tsx
@@ -0,0 +1,254 @@
+import {
+  TradingFormGroup,
+  TradingInput,
+  TradingInputError,
+  TradingCheckbox,
+  TextArea,
+  TradingButton,
+  Intent,
+} from '@vegaprotocol/ui-toolkit';
+import { URL_REGEX, isValidVegaPublicKey } from '@vegaprotocol/utils';
+
+import { type useReferralSetTransaction } from '../../lib/hooks/use-referral-set-transaction';
+import { useT } from '../../lib/use-t';
+import { useForm, Controller } from 'react-hook-form';
+import type {
+  CreateReferralSet,
+  UpdateReferralSet,
+  Status,
+} from '@vegaprotocol/wallet';
+
+export type FormFields = {
+  id: string;
+  name: string;
+  url: string;
+  avatarUrl: string;
+  private: boolean;
+  allowList: string;
+};
+
+export enum TransactionType {
+  CreateReferralSet,
+  UpdateReferralSet,
+}
+
+const prepareTransaction = (
+  type: TransactionType,
+  fields: FormFields
+): CreateReferralSet | UpdateReferralSet => {
+  switch (type) {
+    case TransactionType.CreateReferralSet:
+      return {
+        createReferralSet: {
+          isTeam: true,
+          team: {
+            name: fields.name,
+            teamUrl: fields.url,
+            avatarUrl: fields.avatarUrl,
+            closed: fields.private,
+            allowList: fields.private
+              ? parseAllowListText(fields.allowList)
+              : [],
+          },
+        },
+      };
+    case TransactionType.UpdateReferralSet:
+      return {
+        updateReferralSet: {
+          id: fields.id,
+          isTeam: true,
+          team: {
+            name: fields.name,
+            teamUrl: fields.url,
+            avatarUrl: fields.avatarUrl,
+            closed: fields.private,
+            allowList: fields.private
+              ? parseAllowListText(fields.allowList)
+              : [],
+          },
+        },
+      };
+  }
+};
+
+export const TeamForm = ({
+  type,
+  status,
+  err,
+  isSolo,
+  onSubmit,
+  defaultValues,
+}: {
+  type: TransactionType;
+  status: ReturnType<typeof useReferralSetTransaction>['status'];
+  err: ReturnType<typeof useReferralSetTransaction>['err'];
+  isSolo: boolean;
+  onSubmit: ReturnType<typeof useReferralSetTransaction>['onSubmit'];
+  defaultValues?: FormFields;
+}) => {
+  const t = useT();
+
+  const {
+    register,
+    handleSubmit,
+    control,
+    watch,
+    formState: { errors },
+  } = useForm<FormFields>({
+    defaultValues: {
+      private: isSolo,
+      ...defaultValues,
+    },
+  });
+
+  const isPrivate = watch('private');
+
+  const sendTransaction = (fields: FormFields) => {
+    onSubmit(prepareTransaction(type, fields));
+  };
+
+  return (
+    <form onSubmit={handleSubmit(sendTransaction)}>
+      <input
+        type="hidden"
+        {...register('id', {
+          disabled: true,
+        })}
+      />
+      <TradingFormGroup label={t('Team name')} labelFor="name">
+        <TradingInput {...register('name', { required: t('Required') })} />
+        {errors.name?.message && (
+          <TradingInputError forInput="name">
+            {errors.name.message}
+          </TradingInputError>
+        )}
+      </TradingFormGroup>
+      <TradingFormGroup
+        label={t('URL')}
+        labelFor="url"
+        labelDescription={t(
+          'Provide a link so users can learn more about your team'
+        )}
+      >
+        <TradingInput
+          {...register('url', {
+            pattern: { value: URL_REGEX, message: t('Invalid URL') },
+          })}
+        />
+        {errors.url?.message && (
+          <TradingInputError forInput="url">
+            {errors.url.message}
+          </TradingInputError>
+        )}
+      </TradingFormGroup>
+      <TradingFormGroup
+        label={t('Avatar URL')}
+        labelFor="avatarUrl"
+        labelDescription={t('Provide a URL to a hosted image')}
+      >
+        <TradingInput
+          {...register('avatarUrl', {
+            pattern: {
+              value: URL_REGEX,
+              message: t('Invalid image URL'),
+            },
+          })}
+        />
+        {errors.avatarUrl?.message && (
+          <TradingInputError forInput="avatarUrl">
+            {errors.avatarUrl.message}
+          </TradingInputError>
+        )}
+      </TradingFormGroup>
+      <TradingFormGroup
+        label={t('Make team private')}
+        labelFor="private"
+        hideLabel={true}
+      >
+        <Controller
+          name="private"
+          control={control}
+          render={({ field }) => {
+            return (
+              <TradingCheckbox
+                label={t('Make team private')}
+                checked={field.value}
+                onCheckedChange={(value) => {
+                  field.onChange(value);
+                }}
+                disabled={isSolo}
+              />
+            );
+          }}
+        />
+      </TradingFormGroup>
+      {isPrivate && (
+        <TradingFormGroup
+          label={t('Public key allow list')}
+          labelFor="allowList"
+          labelDescription={t(
+            'Use a comma separated list to allow only specific public keys to join the team'
+          )}
+        >
+          <TextArea
+            {...register('allowList', {
+              required: t('Required'),
+              disabled: isSolo,
+              validate: {
+                allowList: (value) => {
+                  const publicKeys = parseAllowListText(value);
+                  if (publicKeys.every((pk) => isValidVegaPublicKey(pk))) {
+                    return true;
+                  }
+                  return t('Invalid public key found in allow list');
+                },
+              },
+            })}
+          />
+          {errors.allowList?.message && (
+            <TradingInputError forInput="avatarUrl">
+              {errors.allowList.message}
+            </TradingInputError>
+          )}
+        </TradingFormGroup>
+      )}
+      {err && <p className="text-danger text-xs mb-4 capitalize">{err}</p>}
+      <SubmitButton type={type} status={status} />
+    </form>
+  );
+};
+
+const SubmitButton = ({
+  type,
+  status,
+}: {
+  type?: TransactionType;
+  status: Status;
+}) => {
+  const t = useT();
+  const disabled = status === 'pending' || status === 'requested';
+
+  let text = t('Create');
+  if (type === TransactionType.UpdateReferralSet) {
+    text = t('Update');
+  }
+
+  if (status === 'requested') {
+    text = t('Confirm in wallet...');
+  } else if (status === 'pending') {
+    text = t('Confirming transaction...');
+  }
+
+  return (
+    <TradingButton type="submit" intent={Intent.Info} disabled={disabled}>
+      {text}
+    </TradingButton>
+  );
+};
+
+const parseAllowListText = (str: string) => {
+  return str
+    .split(',')
+    .map((v) => v.trim())
+    .filter(Boolean);
+};
diff --git a/apps/trading/client-pages/competitions/update-team-button.tsx b/apps/trading/client-pages/competitions/update-team-button.tsx
new file mode 100644
index 000000000..791533a21
--- /dev/null
+++ b/apps/trading/client-pages/competitions/update-team-button.tsx
@@ -0,0 +1,20 @@
+import { useVegaWallet } from '@vegaprotocol/wallet';
+import { type Team } from '../../lib/hooks/use-team';
+import { Intent, TradingAnchorButton } from '@vegaprotocol/ui-toolkit';
+import { Links } from '../../lib/links';
+
+export const UpdateTeamButton = ({ team }: { team: Team }) => {
+  const { pubKey, isReadOnly } = useVegaWallet();
+
+  if (pubKey && !isReadOnly && pubKey === team.referrer) {
+    return (
+      <TradingAnchorButton
+        data-testid="update-team-button"
+        href={Links.COMPETITIONS_UPDATE_TEAM(team.teamId)}
+        intent={Intent.Info}
+      />
+    );
+  }
+
+  return null;
+};
diff --git a/apps/trading/client-pages/referrals/create-code-form.tsx b/apps/trading/client-pages/referrals/create-code-form.tsx
index 41e0e93a8..12273b3b7 100644
--- a/apps/trading/client-pages/referrals/create-code-form.tsx
+++ b/apps/trading/client-pages/referrals/create-code-form.tsx
@@ -21,7 +21,7 @@ import { useT } from '../../lib/use-t';
 import { Link, Navigate, useNavigate } from 'react-router-dom';
 import { Links, Routes } from '../../lib/links';
 import { useReferralProgram } from './hooks/use-referral-program';
-import { useCreateReferralSet } from '../../lib/hooks/use-create-referral-set';
+import { useReferralSetTransaction } from '../../lib/hooks/use-referral-set-transaction';
 import { Trans } from 'react-i18next';
 
 export const CreateCodeContainer = () => {
@@ -155,7 +155,7 @@ const CreateCodeDialog = ({
     stakeAvailable: currentStakeAvailable,
     requiredStake,
     onSubmit,
-  } = useCreateReferralSet();
+  } = useReferralSetTransaction();
 
   const { details: programDetails } = useReferralProgram();
 
diff --git a/apps/trading/components/competitions/competitions-leaderboard.tsx b/apps/trading/components/competitions/competitions-leaderboard.tsx
index c553fcc5d..cc1cfc25b 100644
--- a/apps/trading/components/competitions/competitions-leaderboard.tsx
+++ b/apps/trading/components/competitions/competitions-leaderboard.tsx
@@ -1,7 +1,7 @@
 import { Link } from 'react-router-dom';
 import { Splash } from '@vegaprotocol/ui-toolkit';
 import { getNumberFormat } from '@vegaprotocol/utils';
-import { type useTeams } from '../../client-pages/competitions/hooks/use-teams';
+import { type useTeams } from '../../lib/hooks/use-teams';
 import { useT } from '../../lib/use-t';
 import { Table } from '../table';
 import { Rank } from './graphics/rank';
diff --git a/apps/trading/lib/hooks/Team.graphql b/apps/trading/lib/hooks/Team.graphql
index c22bbaf3f..360dcd86b 100644
--- a/apps/trading/lib/hooks/Team.graphql
+++ b/apps/trading/lib/hooks/Team.graphql
@@ -7,6 +7,7 @@ fragment TeamFields on Team {
   createdAt
   createdAtEpoch
   closed
+  allowList
 }
 
 fragment TeamStatsFields on TeamStatistics {
diff --git a/apps/trading/client-pages/competitions/hooks/Teams.graphql b/apps/trading/lib/hooks/Teams.graphql
similarity index 100%
rename from apps/trading/client-pages/competitions/hooks/Teams.graphql
rename to apps/trading/lib/hooks/Teams.graphql
diff --git a/apps/trading/client-pages/competitions/hooks/TeamsStatistics.graphql b/apps/trading/lib/hooks/TeamsStatistics.graphql
similarity index 100%
rename from apps/trading/client-pages/competitions/hooks/TeamsStatistics.graphql
rename to apps/trading/lib/hooks/TeamsStatistics.graphql
diff --git a/apps/trading/lib/hooks/__generated__/Team.ts b/apps/trading/lib/hooks/__generated__/Team.ts
index 1398af438..05fb28128 100644
--- a/apps/trading/lib/hooks/__generated__/Team.ts
+++ b/apps/trading/lib/hooks/__generated__/Team.ts
@@ -3,15 +3,15 @@ import * as Types from '@vegaprotocol/types';
 import { gql } from '@apollo/client';
 import * as Apollo from '@apollo/client';
 const defaultOptions = {} as const;
-export type TeamFieldsFragment = { __typename?: 'Team', teamId: string, referrer: string, name: string, teamUrl: string, avatarUrl: string, createdAt: any, createdAtEpoch: number, closed: boolean };
+export type TeamFieldsFragment = { __typename?: 'Team', teamId: string, referrer: string, name: string, teamUrl: string, avatarUrl: string, createdAt: any, createdAtEpoch: number, closed: boolean, allowList: Array<string> };
 
 export type TeamStatsFieldsFragment = { __typename?: 'TeamStatistics', teamId: string, totalQuantumVolume: string, totalQuantumRewards: string, totalGamesPlayed: number, gamesPlayed: Array<string>, quantumRewards: Array<{ __typename?: 'QuantumRewardsPerEpoch', epoch: number, total_quantum_rewards: string }> };
 
 export type TeamRefereeFieldsFragment = { __typename?: 'TeamReferee', teamId: string, referee: string, joinedAt: any, joinedAtEpoch: number };
 
-export type TeamEntityFragment = { __typename?: 'TeamGameEntity', rank: number, volume: string, rewardMetric: string, rewardEarned: string, totalRewardsEarned: string, team: { __typename?: 'TeamParticipation', teamId: string } };
+export type TeamEntityFragment = { __typename?: 'TeamGameEntity', rank: number, volume: string, rewardMetric: Types.DispatchMetric, rewardEarned: string, totalRewardsEarned: string, team: { __typename?: 'TeamParticipation', teamId: string } };
 
-export type TeamGameFieldsFragment = { __typename?: 'Game', id: string, epoch: number, numberOfParticipants: number, entities: Array<{ __typename?: 'IndividualGameEntity' } | { __typename?: 'TeamGameEntity', rank: number, volume: string, rewardMetric: string, rewardEarned: string, totalRewardsEarned: string, team: { __typename?: 'TeamParticipation', teamId: string } }> };
+export type TeamGameFieldsFragment = { __typename?: 'Game', id: string, epoch: number, numberOfParticipants: number, entities: Array<{ __typename?: 'IndividualGameEntity' } | { __typename?: 'TeamGameEntity', rank: number, volume: string, rewardMetric: Types.DispatchMetric, rewardEarned: string, totalRewardsEarned: string, team: { __typename?: 'TeamParticipation', teamId: string } }> };
 
 export type TeamQueryVariables = Types.Exact<{
   teamId: Types.Scalars['ID'];
@@ -19,7 +19,7 @@ export type TeamQueryVariables = Types.Exact<{
 }>;
 
 
-export type TeamQuery = { __typename?: 'Query', teams?: { __typename?: 'TeamConnection', edges: Array<{ __typename?: 'TeamEdge', node: { __typename?: 'Team', teamId: string, referrer: string, name: string, teamUrl: string, avatarUrl: string, createdAt: any, createdAtEpoch: number, closed: boolean } }> } | null, partyTeams?: { __typename?: 'TeamConnection', edges: Array<{ __typename?: 'TeamEdge', node: { __typename?: 'Team', teamId: string, referrer: string, name: string, teamUrl: string, avatarUrl: string, createdAt: any, createdAtEpoch: number, closed: boolean } }> } | null, teamsStatistics?: { __typename?: 'TeamsStatisticsConnection', edges: Array<{ __typename?: 'TeamStatisticsEdge', node: { __typename?: 'TeamStatistics', teamId: string, totalQuantumVolume: string, totalQuantumRewards: string, totalGamesPlayed: number, gamesPlayed: Array<string>, quantumRewards: Array<{ __typename?: 'QuantumRewardsPerEpoch', epoch: number, total_quantum_rewards: string }> } }> } | null, teamReferees?: { __typename?: 'TeamRefereeConnection', edges: Array<{ __typename?: 'TeamRefereeEdge', node: { __typename?: 'TeamReferee', teamId: string, referee: string, joinedAt: any, joinedAtEpoch: number } }> } | null, games: { __typename?: 'GamesConnection', edges?: Array<{ __typename?: 'GameEdge', node: { __typename?: 'Game', id: string, epoch: number, numberOfParticipants: number, entities: Array<{ __typename?: 'IndividualGameEntity' } | { __typename?: 'TeamGameEntity', rank: number, volume: string, rewardMetric: string, rewardEarned: string, totalRewardsEarned: string, team: { __typename?: 'TeamParticipation', teamId: string } }> } } | null> | null } };
+export type TeamQuery = { __typename?: 'Query', teams?: { __typename?: 'TeamConnection', edges: Array<{ __typename?: 'TeamEdge', node: { __typename?: 'Team', teamId: string, referrer: string, name: string, teamUrl: string, avatarUrl: string, createdAt: any, createdAtEpoch: number, closed: boolean, allowList: Array<string> } }> } | null, partyTeams?: { __typename?: 'TeamConnection', edges: Array<{ __typename?: 'TeamEdge', node: { __typename?: 'Team', teamId: string, referrer: string, name: string, teamUrl: string, avatarUrl: string, createdAt: any, createdAtEpoch: number, closed: boolean, allowList: Array<string> } }> } | null, teamsStatistics?: { __typename?: 'TeamsStatisticsConnection', edges: Array<{ __typename?: 'TeamStatisticsEdge', node: { __typename?: 'TeamStatistics', teamId: string, totalQuantumVolume: string, totalQuantumRewards: string, totalGamesPlayed: number, gamesPlayed: Array<string>, quantumRewards: Array<{ __typename?: 'QuantumRewardsPerEpoch', epoch: number, total_quantum_rewards: string }> } }> } | null, teamReferees?: { __typename?: 'TeamRefereeConnection', edges: Array<{ __typename?: 'TeamRefereeEdge', node: { __typename?: 'TeamReferee', teamId: string, referee: string, joinedAt: any, joinedAtEpoch: number } }> } | null, games: { __typename?: 'GamesConnection', edges?: Array<{ __typename?: 'GameEdge', node: { __typename?: 'Game', id: string, epoch: number, numberOfParticipants: number, entities: Array<{ __typename?: 'IndividualGameEntity' } | { __typename?: 'TeamGameEntity', rank: number, volume: string, rewardMetric: Types.DispatchMetric, rewardEarned: string, totalRewardsEarned: string, team: { __typename?: 'TeamParticipation', teamId: string } }> } } | null> | null } };
 
 export const TeamFieldsFragmentDoc = gql`
     fragment TeamFields on Team {
@@ -31,6 +31,7 @@ export const TeamFieldsFragmentDoc = gql`
   createdAt
   createdAtEpoch
   closed
+  allowList
 }
     `;
 export const TeamStatsFieldsFragmentDoc = gql`
diff --git a/apps/trading/client-pages/competitions/hooks/__generated__/Teams.ts b/apps/trading/lib/hooks/__generated__/Teams.ts
similarity index 100%
rename from apps/trading/client-pages/competitions/hooks/__generated__/Teams.ts
rename to apps/trading/lib/hooks/__generated__/Teams.ts
diff --git a/apps/trading/client-pages/competitions/hooks/__generated__/TeamsStatistics.ts b/apps/trading/lib/hooks/__generated__/TeamsStatistics.ts
similarity index 100%
rename from apps/trading/client-pages/competitions/hooks/__generated__/TeamsStatistics.ts
rename to apps/trading/lib/hooks/__generated__/TeamsStatistics.ts
diff --git a/apps/trading/client-pages/competitions/hooks/use-games.ts b/apps/trading/lib/hooks/use-games.ts
similarity index 84%
rename from apps/trading/client-pages/competitions/hooks/use-games.ts
rename to apps/trading/lib/hooks/use-games.ts
index 1534a876a..cbff0f12c 100644
--- a/apps/trading/client-pages/competitions/hooks/use-games.ts
+++ b/apps/trading/lib/hooks/use-games.ts
@@ -1,6 +1,6 @@
 import compact from 'lodash/compact';
-import { useActiveRewardsQuery } from '../../../components/rewards-container/__generated__/Rewards';
-import { isActiveReward } from '../../../components/rewards-container/active-rewards';
+import { useActiveRewardsQuery } from '../../components/rewards-container/__generated__/Rewards';
+import { isActiveReward } from '../../components/rewards-container/active-rewards';
 import { EntityScope, type TransferNode } from '@vegaprotocol/types';
 
 const isScopedToTeams = (node: TransferNode) =>
diff --git a/apps/trading/lib/hooks/use-create-referral-set.ts b/apps/trading/lib/hooks/use-referral-set-transaction.ts
similarity index 79%
rename from apps/trading/lib/hooks/use-create-referral-set.ts
rename to apps/trading/lib/hooks/use-referral-set-transaction.ts
index cefaa41e1..9d65267cd 100644
--- a/apps/trading/lib/hooks/use-create-referral-set.ts
+++ b/apps/trading/lib/hooks/use-referral-set-transaction.ts
@@ -1,14 +1,15 @@
 import {
   useSimpleTransaction,
-  type CreateReferralSet,
   type Options,
+  type CreateReferralSet,
+  type UpdateReferralSet,
 } from '@vegaprotocol/wallet';
 import { useStakeAvailable } from './use-stake-available';
 
 /**
  * Manages state for creating a referral set or team
  */
-export const useCreateReferralSet = (opts?: Options) => {
+export const useReferralSetTransaction = (opts?: Options) => {
   const { stakeAvailable, requiredStake, isEligible } = useStakeAvailable();
 
   const { status, result, error, send } = useSimpleTransaction({
@@ -16,7 +17,7 @@ export const useCreateReferralSet = (opts?: Options) => {
     onError: opts?.onError,
   });
 
-  const onSubmit = (tx: CreateReferralSet) => {
+  const onSubmit = (tx: CreateReferralSet | UpdateReferralSet) => {
     send(tx);
   };
 
diff --git a/apps/trading/client-pages/competitions/hooks/use-teams.tsx b/apps/trading/lib/hooks/use-teams.tsx
similarity index 100%
rename from apps/trading/client-pages/competitions/hooks/use-teams.tsx
rename to apps/trading/lib/hooks/use-teams.tsx
diff --git a/apps/trading/lib/links.ts b/apps/trading/lib/links.ts
index 6f9381bff..1939d3b28 100644
--- a/apps/trading/lib/links.ts
+++ b/apps/trading/lib/links.ts
@@ -18,9 +18,10 @@ export const Routes = {
   REFERRALS_CREATE_CODE: '/referrals/create-code',
   COMPETITIONS: '/competitions',
   COMPETITIONS_TEAMS: '/competitions/teams',
+  COMPETITIONS_TEAM: '/competitions/teams/:teamId',
   COMPETITIONS_CREATE_TEAM: '/competitions/teams/create',
   COMPETITIONS_CREATE_TEAM_SOLO: '/competitions/teams/create?solo=true',
-  COMPETITIONS_TEAM: '/competitions/teams/:teamId',
+  COMPETITIONS_UPDATE_TEAM: '/competitions/teams/:teamId/update',
   FEES: '/fees',
   REWARDS: '/rewards',
 } as const;
@@ -47,10 +48,12 @@ export const Links: ConsoleLinks = {
   REFERRALS_CREATE_CODE: () => Routes.REFERRALS_CREATE_CODE,
   COMPETITIONS: () => Routes.COMPETITIONS,
   COMPETITIONS_TEAMS: () => Routes.COMPETITIONS_TEAMS,
-  COMPETITIONS_CREATE_TEAM: () => Routes.COMPETITIONS_CREATE_TEAM,
-  COMPETITIONS_CREATE_TEAM_SOLO: () => Routes.COMPETITIONS_CREATE_TEAM_SOLO,
   COMPETITIONS_TEAM: (teamId: string) =>
     Routes.COMPETITIONS_TEAM.replace(':teamId', teamId),
+  COMPETITIONS_CREATE_TEAM: () => Routes.COMPETITIONS_CREATE_TEAM,
+  COMPETITIONS_CREATE_TEAM_SOLO: () => Routes.COMPETITIONS_CREATE_TEAM_SOLO,
+  COMPETITIONS_UPDATE_TEAM: (teamId: string) =>
+    Routes.COMPETITIONS_UPDATE_TEAM.replace(':teamId', teamId),
   FEES: () => Routes.FEES,
   REWARDS: () => Routes.REWARDS,
 };
diff --git a/apps/trading/pages/client-router.tsx b/apps/trading/pages/client-router.tsx
index 15734fe94..832e9a7cc 100644
--- a/apps/trading/pages/client-router.tsx
+++ b/apps/trading/pages/client-router.tsx
@@ -32,6 +32,7 @@ import { CompetitionsHome } from '../client-pages/competitions/competitions-home
 import { CompetitionsTeams } from '../client-pages/competitions/competitions-teams';
 import { CompetitionsTeam } from '../client-pages/competitions/competitions-team';
 import { CompetitionsCreateTeam } from '../client-pages/competitions/competitions-create-team';
+import { CompetitionsUpdateTeam } from '../client-pages/competitions/competitions-update-team';
 
 // These must remain dynamically imported as pennant cannot be compiled by nextjs due to ESM
 // Using dynamic imports is a workaround for this until pennant is published as ESM
@@ -112,13 +113,17 @@ export const useRouterConfig = (): RouteObject[] => {
               ],
             },
             // pages with blurred background
+            {
+              path: AppRoutes.COMPETITIONS_TEAM,
+              element: <CompetitionsTeam />,
+            },
             {
               path: AppRoutes.COMPETITIONS_CREATE_TEAM,
               element: <CompetitionsCreateTeam />,
             },
             {
-              path: AppRoutes.COMPETITIONS_TEAM,
-              element: <CompetitionsTeam />,
+              path: AppRoutes.COMPETITIONS_UPDATE_TEAM,
+              element: <CompetitionsUpdateTeam />,
             },
           ],
         }
diff --git a/libs/ui-toolkit/src/components/splash/splash.tsx b/libs/ui-toolkit/src/components/splash/splash.tsx
index 1e0c925bf..ced798a5a 100644
--- a/libs/ui-toolkit/src/components/splash/splash.tsx
+++ b/libs/ui-toolkit/src/components/splash/splash.tsx
@@ -3,12 +3,14 @@ import type { ReactNode } from 'react';
 
 export interface SplashProps {
   children: ReactNode;
+  className?: classNames.Argument;
 }
 
-export const Splash = ({ children }: SplashProps) => {
+export const Splash = ({ children, className }: SplashProps) => {
   const splashClasses = classNames(
     'w-full h-full text-xs text-center text-gray-800 dark:text-gray-200',
-    'flex items-center justify-center'
+    'flex items-center justify-center',
+    className
   );
   return <div className={splashClasses}>{children}</div>;
 };
diff --git a/libs/wallet/src/connectors/vega-connector.ts b/libs/wallet/src/connectors/vega-connector.ts
index 22b87d6db..3ffb1c768 100644
--- a/libs/wallet/src/connectors/vega-connector.ts
+++ b/libs/wallet/src/connectors/vega-connector.ts
@@ -458,6 +458,20 @@ export type CreateReferralSet = {
   };
 };
 
+export type UpdateReferralSet = {
+  updateReferralSet: {
+    id: string;
+    isTeam: boolean;
+    team?: {
+      name: string;
+      teamUrl?: string;
+      avatarUrl?: string;
+      closed: boolean;
+      allowList: string[];
+    };
+  };
+};
+
 export enum MarginMode {
   MARGIN_MODE_CROSS_MARGIN = 1,
   MARGIN_MODE_ISOLATED_MARGIN,
@@ -489,7 +503,8 @@ export type Transaction =
   | LiquidityProvisionSubmission
   | ApplyReferralCode
   | JoinTeam
-  | CreateReferralSet;
+  | CreateReferralSet
+  | UpdateReferralSet;
 
 export const isMarginModeUpdateTransaction = (
   transaction: Transaction