Kalshi Faces Questions Over Reported Crypto Trading Volumes

The post Kalshi Faces Questions Over Reported Crypto Trading Volumes appeared first on Coinpedia Fintech News

Former quant trader Beni questioned Kalshi’s reported crypto trading volumes, citing about $539 million in 24-hour ETH-PERP volume against roughly $3.1 million in open interest. Kalshi’s crypto lead IcoBeast said Beni had confused prediction markets with perpetual futures and noted that rebates are not offered for crypto prediction markets. He also defended the platform’s market-making …