Pyth Network Partners with Kalshi to Deliver Real-Time Prediction Market Data Onchain

Kalshi, the federally regulated event-exchange platform, has partnered with Pyth Network as the latest data publisher, delivering its prediction market information across 100+ blockchains.

This partnership marks the first time regulated event data will be streamed onchain at scale, enabling developers, institutions, and protocols to build applications powered by real-time probabilities of future outcomes. By expanding market data beyond asset prices into the realm of events—politics, economics, sports, crypto, and culture—Kalshi and Pyth are unlocking a new dimension of financial infrastructure.

Bridging the Event Data Gap

Since exploding onto the scene as part of the U.S.’s 2024’s presidential election, prediction markets have held substantial ground in the cultural zeitgeist. By translating expectations about future events into real-time prices, prediction markets offer a transparent and dynamic measure of probability that traditional financial infrastructure has historically lacked. From elections and policy shifts to championship games and economic indicators, these markets provide insight into how participants collectively value uncertainty and risk.

Until now, onchain builders needed a trusted, composable source of event data. Pyth’s integration with Kalshi changes that by making regulated prediction market prices available to everyone with an internet connection, giving developers a foundation to create new classes of financial products. Kalshi, as the leading CFTC-regulated event exchange in the U.S., delivers the credibility, oversight, and scale required to establish event-driven data as a first-class category in DeFi.

Kalshi: Pioneering Regulated Event Markets

Kalshi operates as a CFTC-regulated Designated Contract Market (DCM), making it the first federally regulated exchange in the United States dedicated to event contracts. This regulatory foundation sets Kalshi apart from informal or unregulated venues, ensuring transparent operations, auditable processes, and institutional credibility.

As the pioneer of event-based markets, Kalshi has established itself as the trusted venue where both individuals and institutions can trade outcomes on the events that shape our world. Whether it’s politics, economic policy, cryptocurrency, sports, or even the weather, Kalshi transforms uncertainty into tradable assets, creating price signals that reflect collective expectations with unparalleled clarity.

Market Coverage Now Live on Pyth

The initial integration between Kalshi and Pyth delivers a diverse set of regulated event markets to the decentralized economy. These feeds represent the first wave of probability-driven data available onchain, covering political outcomes, macroeconomic policy, cultural milestones, and major sporting events.

Live Kalshi markets now distributed by Pyth include:

• New York City Mayor Election

• F1 Drivers Champion

• MLB Champion

• Number of Rate Cuts in 2025

This wide range of markets shows how event data extends beyond traditional financial assets, creating new data primitives for builders to compose, trade, and innovate with across 100+ blockchains.

"Oracles represent the first step in taking Kalshi onchain. Now builders can finally bring their Kalshi ideas to life on the world computer." — 0xUltra

What This Means for Pyth Network Users

Integrating Kalshi data into Pyth extends the network's role as a universal source of market intelligence. By bringing regulated event data to everyone, everywhere, developers, protocols, and investors gain a new foundation for innovation:

• Developers can incorporate event-based probabilities as inputs for applications, games, and governance systems

• DeFi protocols can experiences tied directly to political, sports, or economic outcomes

• Institutions can integrate auditable, regulated event data into risk models, portfolio strategies, and research frameworks

• Global investors can access transparent, real-time probabilities of world events across 100+ blockchains, bringing greater clarity to their decision-making processes

By combining Kalshi’s regulated event markets with Pyth’s onchain distribution, a new category of financial infrastructure emerges: one where events themselves become liquid, tradable primitives.

The Competitive Edge

Kalshi’s integration with Pyth establishes a new benchmark for event data quality:

• vs. Unregulated Platforms: operates as a CFTC-regulated exchange, ensuring oversight and compliance

• vs. Opinion Polls: prices emerge from real-money markets, not surveys or sentiment

• vs. Informal Prediction Sites: built on institutional-grade infrastructure with transparent execution and settlement

This foundation ensures that event data available through Pyth is not only innovative, but also credible, auditable, and ready for enterprise adoption.

Looking Forward

Kalshi's addition to Pyth expands the very definition of market data, from asset prices to event probabilities. Developers and institutions can now treat real-time expectations about elections, policy, and cultural outcomes as programmable inputs.

By combining traditional asset feeds with event-driven data, builders can create hybrid products that bridge markets and events, unlocking entirely new categories of strategies across TradFi and DeFi.

Start streaming Kalshi data on Pyth today.