Kalshi 15-Minute Gold Markets Surpass Ethereum in Contract Volume and September Fees

Kalshi's 15-minute gold contracts generated approximately $5 million in estimated fees across 542 million contracts in September, outpacing Ether's $2.6 million in fees and 318 million contracts. Bitcoin maintained platform leadership with $60.4 million in September fees. Introduced in August, the rapid-settlement gold binary contracts drove Kalshi's commodities category to $400 million in cumulative trading volume within seven months of launch. For the seven days ending October 5, 15-minute markets across crypto, commodities, and financials produced $20.4 million in fees, representing 80% of Kalshi's non-sports fee collections.