Advertise
Kalshi Faces Questions Over Reported Crypto Trading Volumes
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
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 incentives and denied claims that Kalshi selects its self-clearing members. Beni said he received new non-public information and plans to disclose more after consulting lawyers.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
