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Kalshi’s 15-minute gold markets top Ether in September

Kalshi’s 15-minute gold markets recorded 542 million contracts and an estimated $5 million in fees in September, overtaking Ether’s 318 million contracts and $2.6 million just weeks after launch. Bitcoin remained far ahead of both. The figures mark a rapid climb for the short-duration gold product on the prediction market.

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AI take

The speed of gold's ascent past Ether on Kalshi suggests short-duration commodity exposure is finding a distinct audience from crypto-native contracts, even on a prediction-market venue. That matters for venues and market makers weighing where to allocate liquidity, and for the broader question of whether prediction markets can sustain traditional-asset volume rather than only event-driven crypto interest. Whether gold's lead over Ether persists, or proves a launch-driven spike, is the open question.

Generated by AI for reference only.

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