TREE NEWS update: Kalshi is ending its trader volume rewards program on Oct. 13, more than a year ahead of the original Oct. 1, 2027 end date. The filing gives no reason for moving the date up, and the change comes amid wash trading allegations against the prediction market.
Kalshi Ends Trader Volume Rewards Program Early Under CFTC Filing
The timing is the story: a program originally meant to run into 2027 is being cut short while wash trading allegations are live, and the filing offers no explanation. For Kalshi, that leaves the incentive structure for high-volume traders in question just as scrutiny of prediction-market activity is intensifying. How the CFTC and the market itself respond to the unresolved allegations is the open question.
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