Deepseek Chat V3.1 emerged as the leader in Alpha Arena's inaugural real-money crypto trading experiment on Hyperliquid, achieving a 4.0% return. The AI bot increased its account value to $10,400 after completing three trades, despite a $348.33 loss and a 0% win rate. The competition, initiated by Nof1 on October 17, involves six AI models each managing $10,000 to trade crypto perpetuals autonomously on Hyperliquid's decentralized exchange. Only closed trades are considered for the leaderboard, excluding unrealized positions.