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- Kalshi’s monthly commodities volume topped $400 million, scaling four times faster than its crypto business did after launch.
- Driven by retail demand, Kalshi is expanding into perpetual futures across oil, metals, and equity indexes.
Kalshi said its monthly commodities trading volume has exceeded $400 million, a growth pace the prediction market company said is about four times higher than its crypto business at the same stage seven months after launch.
The update matters because it points to faster scaling in a newer Kalshi product category as the U.S.-linked prediction market operator broadens beyond crypto. Reuters reported the company is using that momentum to expand into more commodity-related contracts and to pursue perpetual futures filings tied to additional asset classes.
Commodity markets are scaling faster than Kalshi’s early crypto business
According to Reuters, Kalshi said retail demand helped drive its move into commodity prediction markets tied to areas including oil, gas, and metals. The company said the category’s performance has strengthened its broader push into new markets.
In a company statement cited by Reuters, Kalshi said: “Crypto demonstrated the potential for new categories to scale from tens of millions to billions in monthly volume. Commodities’ significantly faster ramp demonstrates that Kalshi’s ability to launch and scale new markets is accelerating.”
Kalshi co-founder Tarek Mansour told Reuters that stronger liquidity on the platform has been central to that growth. “Liquidity is very hard to get off the ground because of how many people you need participating actively,” Mansour said, adding that a larger and more diverse trading base now allows Kalshi to start new categories more quickly.
What Kalshi is pursuing next
Reuters reported that Kalshi is exploring perpetual futures across more asset classes and has filed for products tied to equity indexes, metals, and WTI crude oil.
The article also said regulators green-lit perpetual crypto futures earlier this year, though the Reuters summary did not identify the specific regulator in the sourced material provided here.
For now, the clearest takeaway is the volume figure itself: Kalshi says commodities have already become a meaningful business line within months of launch. The company also said its crypto experience showed new categories can move from tens of millions to billions in monthly trading volume, suggesting it sees commodities as another market with room to grow if liquidity continues to deepen.
Source: As reported by news.google.com.
