Kalshi Announces Termination of Trading Incentive Program, Facing $500 Million in Trading Reviews
2026-09-30 15:57:15
CoinMeta Data: Kalshi announces that it will terminate its trading reward program starting from October 13th, a move made amidst doubts regarding billions of dollars in Ethereum perpetual contract transactions on its platform. According to a document from the Commodity Futures Trading Commission (CFTC) dated September 28th, Kalshi plans to end this reward program. The document does not specify the reasons for termination nor does it link this decision to recent allegations regarding trading volume. Nevertheless, Kalshi's trading volume reached a new high in September, with data showing that as of September 29th, the trading volume had reached 52.98 billion US dollars, surpassing the 38.67 billion US dollars in August. Kalshi also submitted another deposit and trading reward incentive program on September 25th, which is currently under a 10-day review period.
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Source:Cryptonews
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