Myriad Surpasses $10M in USDC Trading With 500K Prediction Market Users

Prediction market protocol Myriad has crossed $10 million in USDC trading volume and attracted over 500,000 users, marking a milestone in its push to make information itself a tradeable asset within decentralized finance.

“Myriad is building the rails for prediction markets to move beyond niche use and become a core segment of DeFi,” said Loxley Fernandes, the protocol’s co-founder and CEO. He described the platform’s growth as proof that turning speculation into structured, tradeable products is a natural next step for financial markets.

Launched in March 2025 by DASTAN, parent company of Decrypt and Rug Radio, Myriad opened USDC-based markets earlier this year. In July, it expanded to the Ethereum Layer-2 Linea network, advancing its evolution into a multichain protocol designed to power new forms of prediction-driven DeFi products.

So far, Myriad users have installed the platform’s browser extension more than 60,000 times and placed over 5.4 million predictions across categories such as sports, politics, culture, and crypto. Markets have covered everything from corporate valuations like Nvidia’s market cap to unusual bets, such as bird migration counts over Texas.

Beyond consumer adoption, Myriad is also building a B2B protocol for external applications. Its roadmap includes integrations with EigenLayer and EigenCloud, as well as the launch of ERC-PRED, a new token standard for prediction-based assets.

With some analysts projecting that prediction markets could one day rival traditional equities in scale, Myriad aims to anchor them firmly within DeFi. Fernandes compared the ambition to the impact of Robinhood on stock trading: lowering entry barriers and making complex instruments accessible with just a few taps.

Also Read: U.S. Publishes GDP Data on Blockchains in First-Ever Release