Kalshi has chosen Pyth Network to supply settlement data for its Commodities Hub. The integration covers metals, energy, and agriculture markets, including gold, oil, and soybeans. The move ensures continuous price data for event contracts, addressing gaps from traditional exchange trading hours.
Pyth feeds cover eight commodities
The Commodities Hub lets users trade binary outcome contracts tied to commodity price thresholds. Participants predict whether assets close above or below preset levels. Pyth feeds will determine contract outcomes for gold, silver, Brent crude, natural gas, copper, corn, soybeans, and wheat. Pyth aggregates pricing from over 125 financial institutions, including trading firms and liquidity providers, flowing continuously without interruption. Kalshi gains consistent pricing coverage across markets that often close overnight or during weekends.
Prior collaboration on politics, sports, and more
This partnership builds on an earlier integration from October 2025. At that time, Kalshi distributed regulated event market data onchain using Pyth, covering politics, macro policy, sports, and cultural events across more than 100 blockchains. Kalshi's crypto division head, John Wang, said the platform required fast and reliable data systems. Both retail traders and institutions rely on consistent pricing. Similarly, Mike Cahill of Douro Labs highlighted how commodity prices react to geopolitical developments in real time.
Traditional exchange hours vs. prediction market uptime
Traditional venues like the Chicago Mercantile Exchange operate only during set business hours. Prediction platforms trade without interruption, increasing demand for always-available pricing data. Kalshi operates under the U.S. Commodity Futures Trading Commission as a designated contract market, offering derivatives trading. However, state regulators argue some contracts resemble gambling products.
Regulatory heat: DOJ intervenes, Argentina blocks platforms
The Department of Justice and the CFTC asked a federal court to block Arizona from enforcing gambling laws against Kalshi. Meanwhile, lawmakers including Adam Schiff and John Curtis introduced legislation targeting prediction markets tied to sports. International scrutiny continues to rise. Argentina has moved to block access to prediction platforms entirely.