DeepSeek and Alibaba's Qwen AI have claimed victory in the Alpha Arena AI Crypto Trading contest, achieving triple-digit gains exceeding 100% and outperforming global competitors. The contest, held on the Hyperliquid exchange, involved real capital with $10,000 USDC allocations per AI model, trading cryptocurrencies like BTC, ETH, and SOL in a fully autonomous environment.
Leveraging machine learning and real-time data, the AI systems executed split-second trades to exploit market inefficiencies and manage risk dynamically. The event highlighted the growing influence of AI in cryptocurrency markets, with increased liquidity and transactional volume observed in the traded pairs. An official statement from the Alibaba Cloud team emphasized, "This win is a major validation of Qwen’s multi-modal LLM capabilities in high-frequency trading environments."
The contest's transparency and use of real assets set a new benchmark for AI-driven trading innovations, potentially accelerating adoption and attracting institutional interest. This performance underscores the competitive edge of advanced algorithms in volatile crypto markets, signaling a shift toward technology-driven strategies for higher returns.
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