According to @boldleonidas, he is ranked 24th out of 100 in a paper-money crypto perpetual futures trading competition that offers a $1,000,000 top prize, source: @boldleonidas on X, Oct 31, 2025. He states he has never traded perps before and joined the event after a troll post, source: @boldleonidas on X, Oct 31, 2025. He explains the payout awards nothing to places 11 through 100, incentivizing extreme leverage for a first-place push and causing many otherwise skilled traders to get wiped, source: @boldleonidas on X, Oct 31, 2025. He plans to yeet his entire balance into a single outrageously leveraged trade to try to catapult into first, acknowledging a 99.9% chance of ending at zero and noting he may livestream the attempt, source: @boldleonidas on X, Oct 31, 2025. He adds there is no point in holding the current $50,000 paper balance through the end under this structure, source: @boldleonidas on X, Oct 31, 2025.

According to @PANewsCN, the Alpha Arena perpetual futures contest by nof1 put six leading AI models into a live $10,000 account challenge for 10 days, fully offline and trading solely via technical indicators. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 DeepSeek led with a 130% return to a $23,000 balance on just 17 trades, averaging 49 hours per position, a 41% win rate, and a 6.7:1 profit-loss ratio, driven by low-frequency trend following and 3-minute data reviews. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Qwen3 posted a 100% return with per-trade leverage up to 5.6x and a maximum single loss exceeding $2,200, reflecting aggressive positioning with weak drawdown tolerance. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Claude ran long-only with a 38% win rate and 25% return, a 2.1 risk-reward ratio, and sub-1 profit expectancy, indicating disciplined but inflexible execution. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Grok4 briefly led with over 50% gains but reverted to breakeven after frequent flip-flopping and a 20% win rate, underscoring directional inconsistency. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Gemini executed 165 trades in 10 days, incurred over $1,000 in fees, held a 25% win rate, and earned under $100 per trade on average, exemplifying fee drag and overtrading. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 GPT-5 recorded a 20% win rate with sub-1 risk-reward and chronically late entries, producing outcomes similar to Gemini. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682 Key trading takeaways highlighted by @PANewsCN: top performers were low frequency, longer hold, high risk-reward with timely entries, while losers were high frequency, short-term, low risk-reward with late entries; equal information access did not determine profitability; longer reasoning chains correlated with stricter decision-making, with DeepSeek the longest; copying AI trades may not persist across regimes, though AI execution is valuable. Source: PANews on X, Oct 28, 2025 https://twitter.com/PANewsCN/status/1983127032595898682

According to @ai_9684xtpa, wallet 0x218A...B7Da2 deposited 5.057 million USDC as margin on Hyperliquid about 5 hours ago to begin trading. Source: @ai_9684xtpa on X; hyperbot.network/trader/0x218A65E21EDDeeCE7A9Df38C6bBdd89F692B7Da2. The address is currently short 3,464.4 ETH with an entry price of 4,120.06 dollars and a notional value near 14.27 million dollars. Source: @ai_9684xtpa on X; hyperbot.network/trader/0x218A65E21EDDeeCE7A9Df38C6bBdd89F692B7Da2. Based on the reported margin and position notional, the implied gross leverage is roughly 2.8 times, indicating moderate leverage relative to the deposit size. Source: calculation from figures cited by @ai_9684xtpa and visible on hyperbot.network/trader/0x218A65E21EDDeeCE7A9Df38C6bBdd89F692B7Da2. The trade is characterized as taking the opposite side of a highly successful account on the venue; traders can track this wallet’s size and PnL on the Hyperliquid dashboard to inform ETH perpetuals positioning. Source: @ai_9684xtpa on X; hyperbot.network/trader/0x218A65E21EDDeeCE7A9Df38C6bBdd89F692B7Da2.

According to @RhythmicAnalyst, some exchanges used Auto-Deleveraging to close profitable short positions and he calls ADL market manipulation that should be banned; he distinguishes normal liquidations as lender protection versus ADL impacting counterparties, source: @RhythmicAnalyst on X (Oct 11, 2025). In crypto perpetual futures, ADL is triggered when the insurance fund cannot absorb bankrupt losses, and opposing traders’ positions are forcibly reduced based on a priority metric tied to leverage and profit, source: Binance Futures Auto-Deleveraging documentation and Bybit ADL guide. High-leverage, highly profitable positions in crowded markets face the highest ADL ranking and are more likely to be reduced during extreme volatility or thin liquidity when insurance funds are stressed, source: Binance Futures ADL explanation and Bybit Risk Limits documentation. Trading actions that reduce ADL exposure include monitoring the ADL indicator or queue on each position, lowering effective leverage, trimming position size, and using hedges or stops to manage forced reductions, source: Binance Futures and Bybit Help Center guidance on ADL indicators, liquidation, and risk limits. Because ADL orders execute at market price, traders can experience slippage and realized PnL variance across major perpetual markets including BTC and ETH; staying alert to rising ADL indicators is critical during stress events, source: Binance Futures ADL notes and Bybit ADL documentation.

According to @bobbyong, widespread liquidations hit crypto perpetual futures, wiping out even 1.5x leverage positions when many assumed only 2-3x would be at risk, source: @bobbyong on X, Oct 11, 2025. According to @bobbyong, traders should enforce strict stop-loss discipline and consider avoiding leverage to reduce liquidation risk after this event, source: @bobbyong on X, Oct 11, 2025.

According to @adriannewman21, running perpetual futures without taking profit or cutting losses is irresponsible risk compared with using spot for long-term positioning; source: @adriannewman21 on X, Aug 20, 2025. The trading takeaway is to predefine take-profit and stop-loss levels on every perp position to enforce risk discipline and avoid unmanaged drawdowns; source: @adriannewman21 on X, Aug 20, 2025.

According to @EmberCN, the address linked to @AguilaTrades was liquidated around 2:00 a.m., leaving roughly 30,000 dollars remaining, signaling a complete wipeout of capital for that account style, source: @EmberCN on X, Aug 15, 2025. The post adds that multiple whale traders using similar tactics—starting leverage around 20x and frequent position rolling—have now been fully wiped out, source: @EmberCN on X, Aug 15, 2025. It further reports that @JamesWynnReal had about 87 million dollars in profit by late May but later gave it all back and is now down approximately 21.77 million dollars of principal, source: @EmberCN on X, Aug 15, 2025. The update highlights elevated liquidation risk for high-leverage, compounding strategies in crypto perpetual futures, particularly during overnight hours when the liquidation occurred, source: @EmberCN on X, Aug 15, 2025.

According to @phantom, Phantom Perps are not available in all regions, so users should verify eligibility before attempting to trade; source: @phantom, Aug 14, 2025. The notice states that trading perpetual futures carries significant risk and may not be suitable for all users; source: @phantom, Aug 14, 2025. The communication clarifies the product is not intended for UK audiences; source: @phantom, Aug 14, 2025.

According to @ThinkingUSD on Twitter, Bloomberg highlighted Hyperliquid, a crypto derivatives platform, noting its potential to deliver equity-like rates of return for traders. The platform's underlying assets are primarily perpetual futures contracts on major cryptocurrencies such as Bitcoin and Ethereum, which are supported by deep on-chain liquidity and automated market-making protocols (source: Bloomberg via @ThinkingUSD, May 14, 2025). Revenue for Hyperliquid is derived from trading fees on leveraged products and liquidity provision incentives, which enables the platform to offer attractive yields and maintain high trading volumes. This model positions Hyperliquid as a key player for traders seeking equity-level returns in the digital asset market, impacting overall crypto market liquidity and volatility.