According to CoinMeta, and as reported by Reuters, the monthly trading volume of commodities on the prediction market platform Kalshi has exceeded $400 million, which is four times the $100 million monthly trading volume of cryptocurrencies when the platform was launched seven months ago. Retail transactions have driven Kalshi to launch prediction markets for oil, natural gas, and metals. The platform is exploring cross-asset perpetual contracts and has submitted applications for stock indices, metals, and WTI crude oil.