PANews reported on April 23 that, according to The Block, prediction market platform Kalshi has selected the crypto oracle protocol Pyth as the data provider for its newly launched "Commodity Hub," which offers event-driven contract trading related to commodities such as oil, gold, and lithium. Pyth will serve as the "data parsing source" for these markets, which currently have dozens of active markets offering binary options betting on the price levels of commodities such as Brent crude, lithium, and soybeans. Kalshi stated that the commodity market is increasingly influenced by all-weather geopolitical events, and market participants still need price discovery after traditional exchanges close.