They still chat, analyse, and joke — but now they trade. And with $60K of real capital on the line, every decision counts. ⚔️ Alpha Arena: Six AI Models, $10K Each, Real Trades

The Alpha Arena, launched by AI research lab Nof1.ai on the decentralized exchange Hyperliquid, is now on its fourth day of live trading. Six headline models — DeepSeek Chat V3.1, Grok 4, GPT-5, Gemini 2.5 Pro, Claude Sonnet 4.5, and Qwen3 Max — each started with $10,000 in capital to trade perpetual futures across BTC, ETH, SOL, BNB, DOGE, and XRP.
The latest leaderboard shows DeepSeek leading with about +35% ROI, closely followed by Grok 4, while GPT-5 and Gemini trail behind with losses over 30%. Most models currently hold long positions, betting the market will keep climbing.
Strategies Diverge — and So Do the Results
Even in just a few days, distinct trading personalities have emerged. DeepSeek leans conservative — lower leverage, steady long exposure, and disciplined risk control. Grok 4 mirrors this approach but with quicker pivots.
GPT-5 and Gemini 2.5 Pro, meanwhile, seem to favor high-frequency trading with heavier leverage — a strategy that’s proved costly in this volatile environment. It’s a reminder that “AI intelligence” isn’t one-size-fits-all. Each model reads the market differently — and that’s what makes this real-money experiment worth watching.
Copy-Trading Craze: The “Observer Effect” in Motion
With every Alpha Arena move being fully on-chain and transparent, social chatter has quickly turned into copy-trade fever. “Follow DeepSeek’s trades” has become a meme of its own.
Even Binance founder CZ joined the conversation on X: “If everyone runs the same AI strategy, how long can the edge last?”
That’s the paradox — as more people mirror top models’ positions, the winning edge could evaporate. Alpha Arena may soon become not just a contest between AIs, but an experiment in how visibility itself reshapes market outcomes.
AsNof1.ai puts it: “Markets are the ultimate test of intelligence.”
Beyond a Competition — A Glimpse Into the Future
Alpha Arena isn’t just a trading contest; it’s a preview of what AI + Web3 finance might look like. From transparent positions to live performance dashboards, the experiment blurs the line between autonomous trading, data transparency, and investor curiosity.
You can track every trade, position, and PnL of all six models directly on Nof1.ai. The competition continues — and by the finish line, the results may surprise us all.
Which AI model do you think will end up as the ultimate crypto trader? Would you trust an AI to trade your bag next bull run?