Okay, Kalshi is cooked
They didn’t just inflate perps volume
they also FAKED their prediction market volume by over 50% !!
61% of their prediction volume comes from parlays
And 48% of those are 11+ leg parlays
mostly with 20x+ odds
Bet $1 at 20.05x → Kalshi counts $20.05 in volume
all of kalshi’s volume is inflated. parlays are 61% of their reported volume and it’s all fake
yesterday they had $136M actually traded but they reported $1.91B
$1 placed on a 14.1x parlay gets counted as $14.10 in volume
48% of their parlay volume are slips with 11+ legs (moonshots that never hit)
i think they are doing this to fool investors