Kalshi rejects regulatory concerns over $5 billion in Ether perpetual trades, citing legitimate liquidity incentive programs as the primary driver for the platform's high volume.
Kalshi's response to CFTC scrutiny over $5B in Ether perpetual trades may affect market confidence in crypto derivatives.
Derivatives exchange Kalshi has pushed back against allegations of wash trading, attributing $5 billion in Ether perpetual volume to its liquidity incentive programs. The platform maintains that the high transaction volume is a legitimate result of its market-making initiatives rather than manipulative activity.
Kalshi is addressing concerns regarding $5 billion in Ether perpetual trades, specifically allegations that the volume may constitute wash trading rather than organic market activity.