The CFTC-regulated prediction market plugs into the Pyth oracle and feeds Pyth Pro its new commodity hub, using first-party prices to settle gold, oil, gas and grains event contracts.
summary
- CFTC-regulated prediction market Kalshi has selected Pyth as a contract settlement data source for its new commodities hub.
- The integration covers gold, silver, Brent, natural gas, copper, corn, soybeans and wheat, with Pyth Pro feeding live market data to Kalshi’s market makers.
- Bethe and Calci portray this move as laying out the infrastructure for event contracts across commodities today, and indices, stocks and forex afterwards.
The Pyth Network is expanding its oracle footprint in the heart of regulated prediction markets, becoming a settlement data provider for the newly launched Calci Commodity Center.
Calci, which operates as a CFTC-regulated event exchange in the US, said it has integrated Pyth as the reference price source for commodity-linked contracts covering gold, silver, Brent crude oil, natural gas, copper, corn, soybeans and wheat.
In an announcement, Calci said that Beth will “enhance the settlement prices of our commodity position,” adding that the integration aims to “support continuous trading and reliable settlement” of event contracts tied to commodity levels.
The platform’s new commodities hub expands existing oil and precious metals markets to a broader set that now also includes agricultural products and base metals, offering traders yes/no contracts on questions such as whether crude oil or wheat will break specific price thresholds within a given time window.
For its part, Beth is using the deal to delve deeper into data services at the enterprise level. Besides public oracle feeds, the project’s Pyth Pro product will provide direct access to market data Like nothing Market makers, who need low latency pricing to price tight markets and manage risk on fast-moving commodities.
According to Pyth contributors, Pyth Pro is designed as a subscription layer that delivers “institutional-grade market data across cryptocurrencies, stocks, fixed income, commodities, and forex,” built on first-party price contributions from exchanges and market makers.
the everything The integration will start with commodities but the model is expected to extend to additional asset classes, with Pyth saying it plans to expand coverage to include indices, single-name stocks and forex pairs used in Calcci futures contracts.
The partnership also tightens the feedback loop between TradFi-style event contracts and on-chain infrastructure.
Beth It bills itself as the “largest first-party financial data protocol,” with over 2,000 real-time feeds spanning digital assets, stocks, ETFs, forex, and commodities; Calci, as the “leading CFTC-regulated event exchange,” is now effectively a consumer of that data for settlement and a producer of event probability data that can itself be streamed on-chain.
