Ratehopper's Range Hunter Tests Autonomous Capital Management
The Ratehopper project has launched Range Hunter, a 60-day on-chain competition where users deploy self-repaying loan agents into live Uniswap V3 liquidity positions.
Unlike traditional DeFi competitions that reward trading skill, Range Hunter focuses on autonomous capital management. Participants don't actively trade after deployment; instead, they compete on how efficiently their agent manages capital over a fixed 10-day period.
The project's core offering covered a $100k ETH/USDC position from October 2025 to April 2026, a window that included a roughly 50% ETH drawdown. According to Ratehopper's published results, the agent returned +21.72% net, while simply holding ETH over the same period resulted in -50%.
The competition uses a proprietary metric called the Sniper Score, based on projected Time to Repay (TTR). TTR estimates how long an agent would need to fully repay its outstanding debt at the pace it set over its ten-day deployment. A lower TTR reflects stronger fee generation, better range selection, and more efficient capital deployment.