Gate News message, April 23 — Prediction market platform Kalshi has selected Pyth, a crypto oracle protocol, as the data provider for its newly launched Commodities Hub, which offers event-based contracts on major commodities including oil, gold, and lithium.
Pyth serves as the data source for these markets, with dozens of active markets already live covering price movements in Brent crude oil, lithium, soybeans, and other commodities. Users can place binary options bets on whether prices will rise or fall across these assets.
Kalshi noted that commodity markets are increasingly driven by round-the-clock geopolitical events, and market participants need price discovery mechanisms even when traditional exchanges are closed.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
S&P 500 and Nasdaq Hit Records as Iran Ceasefire Extended, Earnings Lift Stocks
Gate News message, April 22 — US stocks surged to record closes on April 22 as President Donald Trump announced an indefinite extension of the ceasefire with Iran, while strong first-quarter corporate earnings bolstered investor sentiment.
The S&P 500 gained 73.89 points (1.05%) to close at 7,137.9
GateNews8h ago
Pyth Integrated as Settlement Data Source for Kalshi Commodity Markets
Kalshi integrates Pyth as settlement data for its new commodity center, covering major metals and energies, enabling continuous trading and reliable settlement; Pyth Pro will expand data access and asset coverage.
Kalshi, a CFTC-regulated prediction-market platform, has integrated Pyth as the settlement data source for its new commodity center, covering gold, silver, Brent crude oil, natural gas, copper, corn, soybeans, and wheat. Pyth Pro will provide direct market data access to Kalshi market makers to support continuous trading and reliable settlement of commodity-related event contracts. The collaboration also plans expansion to additional asset classes, including indices, equities, and foreign exchange.
GateNews11h ago
Gensyn Launches Delphi, AI-Settled Information Market Platform
Gate News message, April 22 — Gensyn, a decentralized AI infrastructure network backed by a16z crypto, launched its flagship product Delphi, an AI-settled information market platform that allows anyone to create markets and earn fees based on trading volume.
Market creators pre-select fixed-weight
GateNews14h ago
ProCap Financial and Kalshi Launch Predictive Market Research Product
Gate News message, April 22 — ProCap Financial, backed by crypto entrepreneur Anthony Pompliano, has partnered with prediction market operator Kalshi to launch a professional research product tailored to predictive markets. ProCap will access Kalshi's data through a direct pipeline and employ AI age
GateNews20h ago
