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DeepSeek Leads Early in Alpha Arena AI Crypto Contest as GPT-5 Posts Sharp Losses

Six models trade real capital on Hyperliquid under autonomous, public rules through November 3.

Overview

  • As of Tuesday afternoon, DeepSeek V3.1 showed a 10.11% gain while GPT-5 was down 39.73%, based on the organizer’s live leaderboard.
  • Grok ranked as another top performer in the current phase, whereas Gemini 2.5 Pro has been reported with steep losses and erratic stance flips.
  • Each participant started with $10,000 to trade cryptocurrency perpetuals on Hyperliquid, including markets such as Bitcoin and Solana.
  • Season 1 began October 17 and runs to November 3, with all model outputs and corresponding trades published for transparency.
  • Observers highlight both opportunity and risk, pointing to opacity, hallucinations, and potential correlated behavior as interest grows from figures like Binance’s CZ.