# CSTrader: A Testbed for Language-Grounded Trading in a Community-Driven Virtual Asset Market

arXiv: https://arxiv.org/abs/2606.31461 · HTML: https://mlsanity.com/paper/2606.31461/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Builds on 15 of its 43 references that are in the map.
- First posted on arXiv 30 Jun 2026.

## Builds on (most cited first, 15 of 15)

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- [A Multimodal Foundation Agent for Financial Trading: Tool-Augmented, Diversified, and Generalist](https://mlsanity.com/paper/2402.18485/) (2024)
- [AlphaFin: Benchmarking Financial Analysis with Retrieval-Augmented Stock-Chain Framework](https://mlsanity.com/paper/2403.12582/) (2024)
- [LLMFactor: Extracting Profitable Factors through Prompts for Explainable Stock Movement Prediction](https://mlsanity.com/paper/2406.10811/) (2024)
- [Financial Statement Analysis with Large Language Models](https://mlsanity.com/paper/2407.17866/) (2024)
- [Non-Fungible Token (NFT): Overview, Evaluation, Opportunities and Challenges](https://mlsanity.com/paper/2105.07447/) (2021)
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- [SusGen-GPT: A Data-Centric LLM for Financial NLP and Sustainability Report Generation](https://mlsanity.com/paper/2412.10906/) (2024)
- [TRADES: Generating Realistic Market Simulations with Diffusion Models](https://mlsanity.com/paper/2502.07071/) (2025)
- [Predicting Liquidity-Aware Bond Yields using Causal GANs and Deep Reinforcement Learning with LLM Evaluation](https://mlsanity.com/paper/2502.17011/) (2025)
- [Enhancing Cryptocurrency Sentiment Analysis with Multimodal Features](https://mlsanity.com/paper/2508.15825/) (2025)
- [BondBERT: What we learn when assigning sentiment in the bond market](https://mlsanity.com/paper/2511.01869/) (2025)

## Abstract (arXiv)

Niche asset markets, such as Counter-Strike 2 (CS2) weapon skins, are small, volatile, and heavily driven by community discussions and platform rules. These properties make them hard for traditional quantitative models, but provide an ideal testbed for studying how large language models (LLMs) turn unstructured text into trading actions. We present CSTrader, a multi-agent framework for language-grounded trading in the CS2 skin market. The system first integrates heterogeneous signals from various sources, then uses specialized agents for technical analysis, liquidity, events, and (reversed) sentiment, and finally applies risk control, transaction friction, and portfolio management agents to produce buy, sell, or hold decisions under realistic trading frictions. We build a live-like evaluation environment with real CS2 data from a highly volatile period and evaluate several recent LLM backbones. Across models, CSTrader consistently outperforms both a falling market index (-15.62%) and simple single-prompt LLM baselines, achieving up to a 7.58% cumulative return with controlled risk. Ablation studies show that liquidity, reversed sentiment, and transaction friction agents are crucial for turning noisy language signals into stable profits, suggesting that niche, language-driven markets are a useful benchmark for future language-to-action research. Code is available at: https://github.com/IatomicreactorI/CSGOTrading?tab=readme-ov-file#quick-start
