Kalshi Volume Incentive Program shutdown takes effect

Kalshi's Volume Incentive Program is scheduled to shut down effective no earlier than October 13, 2026, following a notice the platform filed with the CFTC. The change affects traders on the Kalshi prediction market; no specific coins are involved.

What is happening

Kalshi, a U.S. prediction market where users buy and sell "Yes" or "No" contracts tied to the outcomes of future events, has notified the Commodity Futures Trading Commission that it is ending its Volume Incentive Program. The notification states that the shutdown takes effect no earlier than October 13. That date has now arrived, so the program's end is being implemented or is already in force.

According to the report, traders who relied on the program's rewards will lose them. The sources do not describe how the program calculated rewards, what the payouts were, or whether any transition period applies, so those specifics remain unclear.

The news was flagged as a point of note for anyone whose decision to trade on Kalshi was influenced by the incentive. Kalshi is one of the main U.S. prediction market platforms alongside Polymarket, and it is known for the largest selection of sports markets and a feature-rich app aimed at more experienced traders.

Why it matters

For active traders, an incentive tied to trading volume can shape which platform they use and how much they trade there. With the program gone, the effective cost-benefit picture of trading on Kalshi changes for those who counted rewards as part of their returns. Traders may want to reassess how the platform compares with alternatives on fees, market selection and liquidity.

For the wider prediction market sector, the move is a small but notable adjustment in how platforms compete for users. Promotions and incentive structures are one factor traders weigh, together with market availability, app experience and the depth of the order book. The announcement does not indicate any change to Kalshi's contracts, fees or market range, and no such changes should be assumed.

Key details

• Date: October 13, 2026 (earliest effective date of the shutdown)
• Project: Kalshi
• Coins: none
• Category: Event
• Status: Confirmed
• Source: https://www.actionnetwork.com/prediction-markets