Pyth Network Launches Continuous Price Indexes for U.S. Stocks and Commodities
Pyth Network is a blockchain oracle that delivers institutional-grade market data onchain. Trading halts overnight and on weekends for U.S. stocks and commodities, making it difficult to support round-the-clock perpetual contracts, tokenized assets and derivatives on crypto platforms. Continuous indexes can provide independent reference prices when traditional markets are closed, reducing pricing distortions caused by reliance on a single exchange’s order book.
Pyth Network announced Pyth Indices on June 9, 2026, and formally launched them on June 10. The offering includes 24/7 single-asset indexes for U.S. stocks such as Nvidia and Tesla, as well as gold, silver, WTI crude and Brent crude. Coinbase, Kraken and dYdX have adopted the indexes, which were developed in partnership with VanEck-owned MarketVector Indexes. Financial terms were not disclosed.
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The history behind this eventPyth Network to Provide Data for Kalshi's Commodities Prediction Markets
Kalshi is expanding its regulated prediction markets into commodities including crude oil, gold and agricultural products. Because these contracts require objective prices to determine outcomes, real-time, transparent and verifiable data are critical. Decentralized oracle Pyth Network provides on-chain pricing infrastructure that can reduce settlement disputes stemming from reliance on a single data source.
Pyth Network has been selected as the pricing data source for Kalshi's commodities markets. It will supply real-time settlement prices for new contracts covering crude oil, gold, agricultural products and other commodities, helping determine market outcomes. As of July 20, 2026, the companies had not disclosed the value of the partnership, a formal launch date or a complete list of the first commodity contracts.
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