Myriad Hits $100M Volume, Boosts Prediction Markets Tenfold

Since its launch, the platform has surpassed $100 million in USDC trading volume, completing more than 6.3 million trades, 7.3 million transactions, and attracting over 400,000 active traders. This marks a tenfold increase in just three months, signalling rapid adoption and the growing relevance of prediction markets within decentralised finance.

“Prediction markets are no longer niche experiments; they’re becoming a mainstream way to trade ideas,” said Loxley Fernandes, co-founder and CEO of Myriad. “In just three months, we’ve seen tenfold growth in trading volume. This shows there’s massive demand for a platform where forecasts and insights can be traded like any other financial asset.”

Turning Forecasts Into Actionable Markets

Prediction markets allow users to place bets on future events, turning information and opinions into financial assets. Myriad has designed its platform to be intuitive for everyday users while also providing the core infrastructure that other projects can build. “Myriad turns prediction markets into a social layer for truth discovery. This creates an always-on flywheel: media coverage drives attention, attention fuels volume, and volume attracts liquidity and traders,” said Farokh Sarmad, co-founder and president.

A recent example of this innovation is Myriad’s expansion to BNB Chain. By launching fast Automated Markets, the platform reached millions of new users and advanced its vision for multichain prediction markets. Additionally, its partnership with developer platform Walrus now stores all market data and media fully on-chain. This creates an immutable and verifiable record, enhancing trust, enabling audits, and opening new applications in both DeFi and AI.

Driving Global Adoption and Infrastructure

Myriad aims to position prediction markets as a central pillar of global DeFi. “We’re building Myriad to be both the intuitive front-end experience for everyday users and the core prediction-market infrastructure other teams rely on,” said Ilan Hazan, co-founder and COO. The platform continues to expand across multiple chains, including BNB, Abstract, and Linea, supported by strong adoption, media recognition, and a compliance-focused approach.

The trend toward prediction markets reflects a broader shift in DeFi. Investors and traders are increasingly looking for ways to express opinions and hedge risks using decentralised tools. By combining retail adoption with enterprise-grade infrastructure, Myriad is bridging the gap between everyday users and large-scale DeFi applications.