Prediction markets protocol Myriad has crossed $10 million in USDC trading volume and attracted more than 500,000 users, signaling growing interest in turning forecasts into tradable assets. The project opened USDC markets in March 2025 and expanded to Ethereum Layer-2 Linea in July as it builds a multichain footprint.
Myriad positions itself to make information a new asset class. CEO Loxley Fernandes says the protocol is “turning speculation into a product,” aiming to move prediction markets beyond a niche crypto toy and into mainstream DeFi. If successful, the model could create marketplaces for opinions and forecasts similar in scale and liquidity to traditional derivatives.
User engagement is high: the Myriad browser extension has been installed over 60,000 times and users have submitted more than 5.4 million predictions across sports, politics, culture and crypto — from Nvidia’s market cap to whimsical bets about how many birds will fly over Texas.
Beyond consumer features, Myriad is developing a B2B protocol and plans integrations with EigenLayer and EigenCloud, along with blended oracles and a proposed ERC-PRED asset standard for prediction markets. Those moves aim to attract developers and institutions building new DeFi products on top of prediction layers.
The team frames this as a long-term play: prediction markets could become a major DeFi pillar over the next decade. Readers should note the usual risks — new protocols face smart-contract, liquidity and regulatory uncertainties — even as the sector explores tokenizing opinions.
Source: Decrypt. Read the original coverage for full details.
