Nov 3, 2025Single source
Four of six AI models lost real money trading crypto perpetuals autonomously in nof1's Alpha Arena
AI loose in the worldDERIVED
Approved by person, Oct 11, 2026. How entries are approved
Nof1's Alpha Arena Season 1 gave six models - Qwen 3 Max, DeepSeek V3.1, GPT-5, Gemini 2.5 Pro, Claude Sonnet 4.5 and Grok 4 - $10,000 of real capital each to trade crypto perpetual contracts on Hyperliquid with no human intervention, from October 18 to November 3, 2025. Four of the six finished below their starting stake. Qwen 3 Max won at +22.31% and DeepSeek V3.1 was the only other model above water. Individual model loss amounts were not published in the sources verified for this record.
What this means for youIf you use AI tools to manage money, these results show that AI trading agents can lose real funds even without a rogue failure. At work or in government, treat autonomous financial agents as risky until they have independent oversight.
Sources
- ForkLog (results shared by nof1 founder Jay A. Zhang; field and dates corroborated by gncrypto.news and TradeRank's archived leaderboard)https://forklog.com/en/four-out-of-six-ai-models-suffer-losses-in-trading-tournament/
Incident records from the AI Agent Incident Database by sipi.bot (https://sipi.bot/incidents/), licensed CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/).
Source data license: CC BY 4.0. Attribution to sipi.bot is required.
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