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Kalshi ends volume incentive program early amid CFTC scrutiny over 5 billion dollars in ether perpetual trades, Prediction Authority reports
- Kalshi ends volume incentive program early amid CFTC scrutiny over 5 billion dollars in ether perpetual trades, Prediction Authority reports — Kalshi filed on September 28 to terminate its Volume Incentive Program effective no earlier than October 13, 2026, nearly a year ahead of its October 1, 2027 end date. The CFTC is examining about 5 billion dollars in ether perpetual trades in repeated sizes of about 5,500 dollars each; Kalshi denied wash trading and attributed the pattern to market makers posting fixed quotes. (Prediction Authority)
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