Topic
perpetual-futures
6 stories
Repeating fixed-dollar trades made up most of Kalshi's crypto perp volume, CoinDesk data shows
A CoinDesk analysis of Kalshi's public trade records found a handful of recurring fixed-dollar trade sizes made up more than half the volume on its bitcoin and ether perpetual-futures markets, raising questions about how much real activity underpins the figures.
Kalshi's crypto perps draw wash-trading accusations; its product lead says the volume math is being misread
A quant analyst accused Kalshi's new crypto perpetual futures of wash trading, citing a 174-to-1 volume-to-open-interest ratio and repetitive $5,500 trades; Kalshi's product lead said the figures reflect a standard payout-based volume convention, not fake activity.
DOJ Charges Two Robinhood Engineers Over Alleged Front-Running of Crypto Listings on Hyperliquid
Federal prosecutors in Manhattan charged two Robinhood engineers, Hefu Chai and Huaisong Xiang, with using confidential crypto-listing information to trade Hyperliquid perpetual futures, each allegedly netting more than $50,000.
CFTC moves to dismiss CME's perpetual-futures suit, calling it "much ado about nothing"
The CFTC has asked a federal judge to throw out CME's lawsuit over its approval of crypto perpetual futures, arguing the exchange can't show any concrete financial harm.
Coinbase Launches "Pre-IPO" Perpetual Futures, Starting With a SpaceX Contract
Coinbase is offering non-US traders a USDC-settled perpetual future that tracks SpaceX's implied private valuation, issued through its Bermuda entity and barred to US persons.
CFTC Clears Path for Exchanges to Convert Crypto "Perp-Style" Futures into True Perpetuals — But the Relief Has Already Lapsed
The CFTC's Division of Market Oversight issued a no-action letter allowing registered exchanges to strip expiration dates from digital-commodity futures and create true perpetuals, but the relief expired June 30.