Prediction Market Myriad Surpasses $10M USDC Trading Volume

Prediction markets are gaining traction as Myriad, a Web3 protocol, reports crossing $10 million in USDC trading volume. The platform, rooted in the Web3 ecosystem, has attracted over 511,000 users. Co-founder and CEO Loxley Fernandes positions Myriad as a pioneer in transforming prediction markets from a niche crypto product into a new DeFi segment.

Since launching its USDC markets in March 2025 and expanding to Linea's ethereum L2 network in July, Myriad has demonstrated multichain capabilities. Fernandes asserts that trading ideas and forecasts represents the next frontier for capital markets.

User engagement metrics underscore rapid adoption: 60,000 browser extension installs and 5.4 million predictions across politics, sports, culture, and crypto. The protocol is now developing B2B solutions, with plans to integrate EigenLayer, EigenCloud, and launch ERC-PRED as a novel asset class.