The Alpha Arena AI trading competition has spotlighted DeepSeek, which achieved a remarkable 42% return in just two days. The event, hosted on Hyperliquid, involves trading six cryptocurrencies: BTC, ETH, SOL, BNB, DOGE, and XRP. Participants utilize technical indicators such as EMA, MACD, and RSI to guide their trading strategies. DeepSeek, along with Claude, excelled by executing fewer, more strategic trades, while Gemini faced losses due to high-frequency trading. The competition, which runs until November 3, underscores the effectiveness of AI models enhanced by prompt engineering in the crypto trading landscape.
DeepSeek Achieves 42% Return in Alpha Arena AI Trading Competition
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