Myriad Shatters Expectations as Prediction Market Tops $10M Trading Volume
Myriad's prediction market just crossed the $10 million threshold—and isn't slowing down.
Breaking the Mold
While traditional markets waffle on interest rates and inflation fears, Myriad's decentralized platform surges ahead. Users flock to bet on real-world outcomes, from election results to climate milestones.
Volume Tells the Story
Trading activity smashed records, hitting over $10 million in volume. That kind of momentum doesn't happen by accident—it signals fierce demand for alternative data markets.
What’s Next?
Myriad eyes expansion into sports forecasting and regulatory outcomes. Because nothing says 'innovation' like letting people gamble on whether politicians will actually keep promises.
Love it or hate it, prediction markets are rewriting the rules—while Wall Street still charges fat fees for outdated research.
Gamifying the Future
Myriad has essentially gamified the future, be it that of crypto or of the global economy. Everyone has an opinion on the topics that are dearest to their heart, and Myriad enables them to put a price on that opinion and then see whether it aligns with the sentiment of other users. Popular markets that are live on Myriad right now include one venturing whether BTC will hit $125K or $105K next, with $175,000 of USDC having been ventured on the outcome.
Myriad users are also predicting whether President TRUMP will visit China in 2025; the start of the U.S. football season; and the price of a dozen eggs. These eclectic markets show the many ways in which Myriad can be used to gain an insight into global economic affairs, whose macro movements feed into the price of crypto assets and the cost of food. The clean yet colorful interface, which gives Myriad a web2 vibe more akin to that of a gaming platform, has helped it rapidly onboard hundreds of thousands of users, many of whom are now regulars.
The web app has been complemented by an optional browser extension that enables users to make predictions directly on social media and to earn points in the process. A leaderboard charts the most successful predictors in Myriad’s SZN 2, incentivizing them to compete for a share of the points on offer. In addition to participating in prediction markets, users can earn points through engaging with content and voting on governance decisions. This approach aligns with the InfoFi model of gamifying content creation and curation, forging highly engaged communities.
Myriad Goes Deeper
Having established a foothold in the onchain economy, including Abstract and Linea where its protocol is deployed, Myriad has plans to go further. According to CEO Loxley Fernandes, “We’re showing that trading ideas and forecasts is not only possible, it’s the next frontier for capital markets. Myriad is building the rails for prediction markets to evolve beyond a niche crypto product and become an entirely new segment of DeFi.”
That goal is set to be supported by further integration into EigenLayer and EigenCloud, while on the technical side, the platform will be enhanced by rolling out support for blended oracles coupled with a framework for ERC-PRED. This new asset class, engineered for prediction markets, should reinforce Myriad’s reputation as a rising star in the prediction economy, which has itself been predicted to achieve rapid growth over the next decade.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
