Do they have races? No idea how KOMs would work, though.
Peloton® | Exercise Bike With Indoor Cycling Classes Streamed Live & On-Demand
Cheating at trainer races has become its own art form. Hell, enough wahoo trainers go nuts on their own that it isn't unusual to see people putting down 5000+ watts. The software hasn't been programmed to kick people when that happens. Apparently they clean it up in post but what the hell. I see trainer races as a motivational tool, not as something with any correlation to reality.
On the peloton front, there are some hilarious memes made out of their ads roughly along the lines of "buys 2 million dollar home, plants bicycle right in the middle of the living room"