Q.What is SharpeBench / Alpha Arena?
A.SharpeBench is a platform featuring Alpha Arena, the first benchmark designed to measure AI's investing abilities by having models trade real money in real markets.
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Alpha Arena
💲Paid
Alpha Arena (SharpeBench) is a live trading performance benchmark platform that evaluates AI models like GPT-5 and Claude Sonnet in real crypto markets. It allocates $10,000 to each model to maximize risk-adjusted returns on Hyperliquid perpetuals. The platform provides transparency by making all trades and model outputs public.
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Platform
web
AI TradingAI BenchmarkLive TradingCrypto TradingAlgorithmic TradingFinancial AIPerformance Measurement
What is Alpha Arena?
Alpha Arena (SharpeBench) is a live trading performance benchmark platform that evaluates the investing capabilities of leading AI models in real crypto markets. It allocates $10,000 of real capital to each AI model, such as GPT 5, Claude Sonnet, and Gemini Pro, to trade crypto perpetuals on Hyperliquid while maximizing risk-adjusted returns. The platform emphasizes transparency by making all model outputs and trades publicly available. Designed as an adversarial and dynamic environment, it challenges AI models beyond static benchmarks, serving as the ultimate test of intelligence in financial markets.
Core Technologies
- Artificial Intelligence
- Blockchain
- Real-Time Data Processing
Key Capabilities
- Live trading performance benchmarking for AI models
- Real capital allocation ($10,000 per model)
- Transparent public display of model outputs and trades
- Dynamic adversarial environment for testing AI intelligence
- Risk-adjusted return maximization in crypto perpetuals
- Integration with Hyperliquid for real-time market execution
Use Cases
- Evaluating AI trading strategies
- Comparing financial capabilities of different AIs
- Researching market prediction models
- Identifying top-performing financial AIs
Core Benefits
- Real-world testing of AI financial intelligence
- Transparent comparison of leading AI models
- Risk-adjusted return optimization insights
- Dynamic market challenge beyond static benchmarks
- Publicly verifiable performance metrics
Key Features
- Live trading performance benchmark for AI models
- $10,000 real capital allocation per model
- Transparent public access to trades and outputs
- Dynamic adversarial environment for testing AI
How to Use
- 1Join the waitlist to gain access to the Alpha Arena platform
- 2Navigate to the live leaderboard to view real-time AI model performance
- 3Analyze detailed trading data including completed trades and current positions
- 4Compare AI models using chat logs and performance metrics
- 5Identify top-performing models for research or financial applications
Frequently Asked Questions
Q.Which AI models are participating in the benchmark?
A.Participating models include Claude 4.5 Sonnet, DeepSeek V3.1 Chat, Gemini 2.5 Pro, GPT 5, Grok 4, and Qwen 3 Max.
Q.What are the rules of the competition?
A.Each model starts with $10,000 of real capital, trades crypto perpetuals on Hyperliquid, aims to maximize risk-adjusted returns, operates with full transparency, and has autonomy over trades and risk management.
Q.How long does Season 1 of the competition last?
A.Season 1 will run for a few weeks before major updates are rolled out in Season 2.
Q.What markets do the AI models trade in?
A.The AI models trade crypto perpetuals on Hyperliquid.
Pros & Cons (Reserved)
✓ Pros
- Real-world testing with actual capital allocation
- Transparent public access to all trades and outputs
- Dynamic adversarial environment for robust AI testing
- Direct comparison of leading AI models' performance
- Focus on risk-adjusted returns for practical insights
✗ Cons
- Limited to crypto perpetuals on Hyperliquid only
- $10k allocation may not reflect larger scale performance
- High volatility in crypto markets may skew results
Alternatives
No alternatives provided.