Myriad Protocol Goes Multi-Chain: Ethereum L2 Linea Integration Goes Live
Breaking the silos—Myriad Protocol just bridged to Linea, Ethereum's hottest L2. Here's why it matters.
Scaling meets interoperability
The cross-chain play targets Linea's booming ecosystem—zero compromises on speed or cost. DeFi builders get a new sandbox; traders get another liquidity runway. Win-win? Almost. (We see you, Vitalik.)
Gas wars 2.0 avoided?
By sidestepping Mainnet congestion, Myriad's rollout could dodge the fee spikes that plague ETH migrations. Early metrics show sub-$0.01 transactions—a cheeky middle finger to legacy finance's wire transfer fees.
The cynical take
Another 'game-changing' L2 integration? Wake us when it processes Visa-level throughput. Until then, enjoy the speculative airdrop farming.
“A new class of DeFi products”
The expansion comes some six months after Myriad’s launch on Abstract, with Hazan keen to point out that “we’re not moving from Abstract, we’re just extending.”
Myriad Protocol, he explained, will power Myriad Markets on Abstract as well as implementations on other chains. “Ultimately, we don't look at chains as just chains—we look at them as ecosystems,” Hazan said. “If we need to MOVE to another chain to address another ecosystem, another community, it makes sense to do it—and then we scale.”
“The goal behind Myriad was not ever to just create a single, small destination,” said Fernandes, speaking on Rug Radio’s FOMO Hour. “It was really to look at prediction contracts much in the way that ERC-20s exist, and that is as a new class of DeFi products,” With the launch of Myriad Protocol, he said, “wherever it is that you're operating, wherever it is that you have your capital on-chain, we want to serve you with an opportunity to participate in this new class of DeFi products.”
With Myriad developers “cooking, building an entire pipeline of product,” Fernandes said, “there's a lot coming on the distribution side.” The company is gearing up to deliver on its mission to introduce “infrastructure that changes the way that people consume content and that people create and distribute content around the world,” he added, with future plans including restaking.
“Whatever you thought about Myriad,” said DASTAN co-founder and President Farokh Sarmad, “you’ve got to think 10x bigger at this stage.”
