Kalshi shuts down liquidity incentive program after wash trading scrutiny
Kalshi filed to end its liquidity incentive program as the derivatives exchange faces scrutiny over wash trading, according to The Block and The Defiant. The exchange’s monthly volume reached Its monthly volume reached $52.98 billion in September as of Sept. 29, marking an all-time high, even as September data remains incomplete.
in September as of Sept. 29, an all-time high, though the Defiant reported that Kalshi attributed clustered ether perpetual trades to separate liquidity payments rather than the main incentive program.
Reward pools under the program excluded members with market-maker agreements, according to The Defiant.
Sources: The Block, The Defiant
This article is for information only and is not financial advice.
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