invest2 publishers
Kalshi's ether perpetual turned over its open interest 174 times in a day
A former quant put $538.6m of 24-hour volume beside $3.1m of open interest on Kalshi's ether perpetual and called it proof of wash trading. Kalshi's crypto lead answered that the dollar sign means notional payout.
Reality
- Evidence36
- Adoption21
- Hype gap+42
- Incentives78
- Confidence38