Volume Incentive Program

What is it?

The Volume Incentive Program is a cashback rewards system that pays you based on how much you trade. The more you trade in eligible markets, the more rewards you earn. It's designed to encourage trading activity and make markets more active for everyone.

Program Dates

Start: September 15, 2025 End: September 1, 2026

Kalshi can end or modify the program at any time.

Eligibility

Who can participate: Most regular Kalshi members

Who cannot participate:

  • Kalshi affiliates and employees

  • Market makers with existing agreements

  • Introducing Brokers, FCMs, and their customers

How It Works

Earning Rewards

  1. Trade in eligible markets during active reward periods

  2. Your trading volume is tracked throughout the period

  3. When the period ends, you get a share of the reward pool based on your percentage of total volume

  4. Example: $1,000 reward pool + you contributed 10% of total volume = you earn $100

Market Selection

  • All Kalshi markets are potentially eligible

  • Active reward periods are clearly marked on market pages

  • Each market shows current reward pools and period duration

Eligible Trades

What trades count:

  • Contracts priced between $0.03 and $0.97 (non-inclusive)

  • Trades during active reward periods

What doesn't count:

  • Contracts below $0.03 or above $0.97

  • Special market maker trades

  • Trades outside reward periods

Reward Structure

  • Reward periods: Up to 31 days each

  • Pool distribution: Split based on proportional trading volume

  • Earnings cap: Maximum $0.005 per contract traded

  • Payment timing: Programs that end by 10 AM ET will be paid out the same day by 3pm ET, while programs ending after 10 AM ET will be paid out the following day by 3pm ET.

Cap example: If you trade 1,000 contracts, maximum reward is $5 (1,000 × $0.005), regardless of pool size or other participants' activity.

Program Rules

Monitoring:

  • Kalshi monitors for abusive behavior and fake trading

  • Participant status can be revoked for violations

  • Program may be terminated at any time

Transparency:

  • Market pages show eligibility and current reward periods

  • Future reward periods displayed when planned

Kalshi can end the program at any time. For the latest updates, visit https://kalshi.com/regulatory/notices.

Last updated

Was this helpful?