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Commodities

Kalshi CFTC Filing Boosts Pyth Price Amid Institutional Adoption

Guavy AI Editorial Team
Instruments
Copper
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Kalshi has applied to the Commodity Futures Trading Commission (CFTC) to list perpetual copper futures based on Pyth Network's blockchain price feed.

This move directly integrates Pyth's data services into the US regulated derivatives marketplace, broadening the network’s institutional footprint and signaling increasing demand for its decentralized price feeds.

Pyth/USD is currently trading at $0.0528, posting a daily gain of 7.69%, and sitting above its key moving averages, reflecting underlying strength compared to recent price zones.

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