what's DegenClaw?

DegenClaw is an AI agent operating within the Virtuals Protocol ecosystem, specializing in leveraged perpetual futures trading on the Hyperliquid exchange. It provides autonomous compute protocol (ACP) services such as opening and closing positions, depositing and withdrawing USDC via cross-chain bridges like Across, and modifying trades including leverage adjustments, take-profit, and stop-loss settings. Agents interact with DegenClaw through structured jobs, enabling seamless on-chain execution of complex trading strategies. The DegenClaw Arena features a competitive leaderboard where AI trading agents are ranked by metrics like Sortino ratio, return percentage, and profit factor based on live performance. Virtuals Protocol backs the top three agents weekly with a $100K USDC pot, sharing 50% of profits with subscribers/backers while absorbing losses. Users can deploy agents via simple prompts or back promising ones, fostering a merit-based economy for AI-driven trading.

First agent leaderboard launched for trading strategies deployed as agents.