Myriad Surpasses $100M in USDC Trading Volume, Boosting Prediction Markets 10x in Just 3 Months

• This is a growth of ten times in only three months, highlighting the quick adoption of Myriad and its aim to build prediction markets as a significant pillar.
• Myriad launched quick Automated Markets and expanded its operations to BNB Chain before the end of the previous month.

With more than 6.3 million trades, 7.3 million transactions, and over 400 thousand active traders across the platform, Myriad, the Web3 prediction market protocol, has now exceeded $100 million in USDC trading volume since its introduction. This is a growth of ten times in only three months, highlighting the quick adoption of Myriad and its aim to build prediction markets as a significant pillar within the space of decentralized 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 10x 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.”

“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 of Myriad.

As part of its efforts to develop its multichain prediction market vision and reach millions of additional users, Myriad launched quick Automated Markets and expanded its operations to BNB Chain before the end of the previous month. Last week, it formed a partnership with the developer platform Walrus to keep all market data and media completely on-chain. This will result in the creation of an immutable and verifiable record that will increase confidence, make audits possible, and open up new applications in the fields of DeFi and artificial intelligence.

“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. Our focus is on engineering the protocol layer capable of making prediction markets a foundational pillar of global DeFi,” added Ilan Hazan, co-founder and COO of Myriad.

Myriad is expanding across BNB, Abstract, and Linea, all of which are backed by strong adoption, media recognition, and a compliance-focused strategy to make prediction markets a central part of global DeFi. At the same time, Myriad is positioning itself as both a platform for everyday traders and a core protocol for other prediction markets.

A Web3 prediction market protocol Myriad was developed with the intention of facilitating marketplaces in which users may engage in trading based on information, projections, and consensus. Through the use of Decrypt and Rug Radio, it mixes retail adoption with enterprise-grade infrastructure in order to develop a protocol for prediction markets that can be used across a variety of industries. Its plan involves the extension of several chains, the integration of sophisticated oracles, and the harmonization of regulatory standards in the United States.