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Prediction market platform ends Volume Incentive Program amid record $53B trading and CFTC scrutiny.

Market News
01 Oct 2026
Blockonomi
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Neutral
Prediction market platform ends Volume Incentive Program amid record $53B trading and CFTC scrutiny.

A prediction market platform has notified the CFTC it will terminate its Volume Incentive Program by October 13, without stating a reason. The platform set a new record with $52.98 billion in trading volume for September, surpassing previous months. The CFTC is investigating over $5 billion in Ether perpetual futures transactions due to unusual trading patterns, though the platform denies manipulative trading, attributing activity to market makers and high-frequency traders. Meanwhile, the company is seeking $1 billion in funding, potentially valuing it at $40 billion, and expanding its cryptocurrency futures offerings.

Kalshi's termination of its trader incentive program is presented here with Pluang's market data for context. For readers following cryptocurrency markets, 40 of 50 major cryptocurrencies on Pluang rose today, while 9 fell. Notable movers include DOT at Rp22.284 with a 4.09% increase, COTI at Rp240 up 3.38%, and VET at Rp163 rising 3.29%, as of Oct 01, 2026 13:31 WIB.

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