Prediction market platform Kalshi has filed to terminate its trading-volume incentive program, according to Odaily. The reward pool did not include members that had already signed market-making agreements. Kalshi had previously said concentrated activity in Ethereum perpetual trading was tied to other liquidity payment arrangements. The move comes as the platform faces allegations of wash trading. The filing marks a change to an incentive structure that had drawn attention because of how trading activity was distributed, especially in the Ethereum perpetual market. Kalshi’s explanation centered on separate payment arrangements for liquidity, while the latest step formally ends the volume-based incentive program referenced in the filing.
Prediction market platform Kalshi has filed to terminate its trading-volume incentive program, according to Odaily.
The reward pool did not include members that had already signed market-making agreements. Kalshi had previously said concentrated activity in Ethereum perpetual trading was linked to other liquidity payment arrangements.
The decision comes against the backdrop of wash trading allegations.
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