AI Models Suffer Major Losses in Crypto Trading Competition

As reported by MarsBit, a recent trading competition on Hyperliquid saw major AI models like GPT-5 and Gemini suffer heavy losses, with GPT-5 losing 62% of its capital. In contrast, Chinese models Qwen3 and DeepSeek emerged as the only profitable participants, gaining 22.3% and 4.89% respectively. The event highlighted how AI models, despite their advanced capabilities, often replicate human trading flaws such as overtrading, emotional bias, and indecision. The competition, organized by nof1.ai, provided $10,000 in real funds to each model for perpetual futures trading. The results suggest that in the high-stakes world of crypto trading, discipline and specialization may be more valuable than general intelligence.