Defi
Kalshi Faces Questions Over Reported Crypto Trading Volumes
Coinpedia·September 21, 2026·1 min read
Kalshi's reported crypto trading volumes face scrutiny after former quant trader Beni questioned $539 million in 24-hour ETH-PERP volume against only $3.1 million in open interest. Kalshi's crypto lead IcoBeast responded that Beni confused prediction markets with perpetual futures, noting rebates are not offered for crypto prediction markets and defending the platform's market-making.
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