AI Big Model Trading Test Alpha Arena Results
The AI Big Model Trading Test Alpha Arena, conducted by the nof1 Artificial Intelligence Research Lab, has seen significant performance variations among participating AI models trading with live funds on the Hyperliquid platform. As of October 26, 2025, Alibaba's Qwen 3 Max has emerged as the leader, achieving an impressive 79.43% return.
This development highlights the growing competitive edge of Chinese AI models in the realm of cryptocurrency trading, signaling evolving global dynamics in fintech and machine learning applications.
Qwen 3 Max Outperforms Major AI Models
The AI Big Model Trading Test Alpha Arena, supervised by the nof1 Artificial Intelligence Research Lab, commenced on Hyperliquid with six distinct AI models actively trading real money. Alibaba's Qwen 3 Max currently holds the top position with a return rate of 79.43%, significantly outperforming other participants. In contrast, Google DeepMind's Gemini 2.5 Pro and OpenAI's GPT-5 are experiencing substantial losses, exceeding 60%. Jay Azhong, the founder of nof1, commented on the results.
With an initial allocation of $10,000 per AI, Qwen 3 Max's leading performance reinforces Alibaba's prominent role in the practical application of AI within trading environments. The underperformance of other models suggests potential areas for future iterations focused on improving trading strategies and risk management protocols. The primary assets involved in these transactions are Ethereum (ETH), Bitcoin (BTC), and Solana (SOL).
While there have been no direct official responses from key industry leaders regarding these specific results, Jay Azhong emphasized that this contest underscores the inherent challenges of AI trading within volatile market conditions. The AI community has taken note of the observed volatility, initiating discussions concerning the capabilities and limitations of artificial intelligence in such dynamic financial ecosystems.
Ethereum's Market Performance Amidst AI Trading Volatility
Despite the volatility observed in AI trading experiments, Ethereum's market performance has remained relatively stable. As of October 26, 2025, Ethereum's price stands at $4,061.66, with a market capitalization of $490.24 billion. The cryptocurrency experienced a 2.73% increase over the preceding 24 hours, although it has seen a longer-term decline of 11.51% over the past 60 days. These recent price movements are reflected in CoinMarketCap data, indicating a resilient market position for Ethereum.
Experts at Coincu Research suggest that the notable success of Qwen 3 Max in the Alpha Arena could potentially accelerate the adoption and further integration of AI technologies within financial markets. This development is expected to coincide with ongoing discussions regarding necessary regulatory adjustments to accommodate the evolving role of AI in finance.