{
  "id": 12553441,
  "title": "Kalshi’s 15-min gold markets overtake Ether just weeks after launch",
  "url": "https://urgent.news/2026/10/07/kalshis-15-min-gold-markets-overtake-ether-just-weeks-after-launch",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T04:57:54.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/kalshis-15-min-gold-markets-overtake-ether-just-weeks-after-launch"
  },
  "original_language": "en",
  "account": "In September, gold markets on Kalshi generated nearly twice the estimated trading fees compared to Ether markets, despite Kalshi being relatively new. Kalshi's 15-minute gold contracts recorded 542 million contracts and an estimated $5 million in fees, surpassing Ether's 318 million contracts and $2.6 million. Bitcoin, however, remained the dominant market, generating $60.4 million in estimated fees. The rapid growth in short-duration gold markets is part of Kalshi's expanding commodities business, with trading volume reaching $400 million within seven months. Despite the growth, Bitcoin remains the most significant market series outside of parleys, while Ether's 15-minute contracts saw a significant increase, reaching 318 million in September. Short-duration financial markets are becoming a larger part of Kalshi's business, with 15-minute markets generating 80% of the platform's non-sport fees during the period.",
  "summary": "Gold recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether’s 318 million contracts and $2.6 million, though Bitcoin remained far ahead.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}