Particle.news
Download on the App Store

Kalshi Taps Pyth to Settle New 24/7 Commodities Markets

Traders get continuous settlement on commodity event contracts that used to pause when exchanges shut.

Overview

  • A Wednesday announcement from both firms made Pyth the resolution source for Kalshi’s Commodities Hub covering gold, silver, Brent crude, natural gas, copper, corn, soybeans and wheat.
  • Pyth Pro will feed low-latency, first-party prices directly to Kalshi’s market makers for tighter quotes and risk control.
  • The setup enables contracts to settle around the clock by aggregating real-time prices from more than 125 exchanges, trading firms and market makers even when traditional venues are closed.
  • Kalshi says one high-volume oil market still verifies outcomes with Intercontinental Exchange data, showing a hybrid approach to price sources.
  • The launch extends a 2025 Kalshi–Pyth tie-up and arrives as rival Polymarket adopts Pyth too, with Kalshi operating under CFTC oversight as policymakers and some jurisdictions test stricter rules.