[Kalshi Contract Trading Wash Trading? Kalshi Crypto Division Head's Remarks Spark Doubts from Polymarket Team Member] Odaily Planet Daily News – Recently, CNBC reported that Kalshi's perpetual contracts surpassed $1 billion in trading volume within a week of launch. Kalshi's crypto division head, John Wang, subsequently posted on the X platform, stating: 'Kalshi Perps reached $1 billion in trading volume within a week of launch, and the product hasn't even been publicly released yet.' He also noted that it took prediction markets 3.5 years to reach a similar trading volume scale. Polymarket team member Mustafa Aljadery appeared in the comments section to congratulate and inquire about the perpetual contracts' OI (open interest) data, seemingly hinting at potential wash trading by Kalshi. Additionally, many community members in the comments expressed skepticism about the data, emphasizing that the figures might reflect fee-free or leveraged trading volumes. Some even pointed out that Kalshi's OI data is only around $4.5 million.