Kalshi Responds to Allegations of Inflated Crypto Volume Reporting
- Kalshi’s volume reporting reflects maximum potential payouts, not actual cash spent, similar to Polymarket.
- For instance, a trader purchasing contracts worth $30,000 can generate reported volume of $100,000 based on contract payouts.
- IcoBeast.eth clarified that all firms meeting capital and operational requirements can join as Self-Clearing Members under CFTC regulations.
- The term “fair access” is mandated by law for exchanges regulated by the CFTC.
Kalshi is addressing concerns over its reported trading volumes by explaining their methodology aligns with industry standards and regulatory requirements. The firm emphasizes that its figures represent genuine user demand rather than inflated statistics from wash trading practices.
With a reported volume reflecting maximum payouts rather than actual cash spent, Kalshi aims to clarify misconceptions about its trading practices in the crypto space. (Source)
