Kalshi Faces Wash-Trading Claims Over Crypto Perps
The dispute centers on whether payout-based volume conventions explain Kalshi's $539M figure, or whether fee incentives enabled artificial activity.
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The dispute centers on whether payout-based volume conventions explain Kalshi's $539M figure, or whether fee incentives enabled artificial activity.
The dispute centers on roughly $539M in 24-hour ETH-PERP volume against $3.1M in open interest, while Kalshi defends its market-making incentives.