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Kalshi Taps Pyth Network for Commodities Hub Covering Gold, Oil and Lithium

Kalshi Taps Pyth Network for Commodities Hub Covering Gold, Oil and Lithium

According to the new report, Kalshi is integrating Pyth’s oracle and Pyth Pro feeds into a CFTC-regulated commodities hub to settle event contracts tied to major raw-material prices.

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Fact Check
The claim is well supported on the core point that Kalshi is using Pyth to settle/resolve contracts in a new commodities hub. The Business Wire release, "Pyth Network Selected as Resolution Source for Kalshi's Expanded Commodities Markets," is the strongest source in this run and explicitly says Kalshi integrated Pyth as the resolution source for its Commodities Hub and that Pyth price feeds are used for settlement across commodities such as gold, oil, and lithium. The Block's social post at https://x.com/TheBlockCo/status/2046992912324428037 independently matches those details, specifically naming gold, oil, and lithium. Crypto.news further corroborates that Kalshi is integrating Pyth's oracle and Pyth Pro feeds into its commodities hub and characterizes Kalshi as CFTC-regulated. The only notable limitation is that no direct Kalshi announcement or CFTC record was successfully fetched here, so the exact wording "CFTC-regulated commodities hub" is not primary-source confirmed in this run even though the broader integration claim is strongly corroborated.
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Summary

Kalshi is integrating Pyth Network’s oracle and Pyth Pro data feeds into its new commodities hub, extending the previously reported partnership beyond the initial commodity list. The new report says the CFTC-regulated prediction market will use first-party price data to settle event contracts tied to gold, oil, gas, and grain. This adds detail on how Pyth’s infrastructure will be used, showing that the partnership is focused on price settlement for regulated commodities-linked event markets rather than only broad market coverage.

Terms & Concepts
  • Pyth Network: A blockchain oracle network that distributes market data feeds, including first-party price data, for use in trading and other financial applications.
  • oracle: An oracle is a data service that supplies external information, such as asset prices, to digital platforms that need reliable real-world inputs.
  • Pyth Pro: Pyth Pro is Pyth’s professional-grade market data offering, designed to deliver direct price feeds for institutional or advanced market use cases.