CFTC scrutiny of Kalshi follows WSJ analysis of nearly 1 million near-identical ~$5,500 Ether perpetual futures trades that generated over $5 billion in volume in recent weeks, with patterns accounting for 47-63% of daily notional on some days. Analysts flagged high volume-to-open-interest ratios (up to 174x), raising wash-trading concerns. However, Kalshi attributes the activity to market makers repeatedly posting fixed quotes that faster traders hit, rather than self-matching. Kalshi, a CFTC-regulated prediction market platform that launched crypto perps in mid-2026, denies any wash trading and states such practices are prohibited on its exchange, with the review still in preliminary stages.
BLOCKCAST.CC NEWSShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.