Myriad Protocol Surpasses $10M in USDC Trading Volume

Myriad Protocol Hits Milestone as Prediction Markets Heat Up

Myriad, a prediction market protocol, has achieved a significant milestone by surpassing $10 million in USDC trading volume, fueled by a growing user base exceeding half a million. This surge in activity underscores the increasing popularity and potential of prediction markets as a distinct segment within the decentralized finance (DeFi) ecosystem.

According to Loxley Fernandes, co-founder and CEO of Myriad, this growth demonstrates that "trading ideas and forecasts is not only possible, it’s the next frontier for capital markets." Myriad aims to transform speculation into a tradable asset class, similar to how Robinhood revolutionized stock trading.

Expansion to Ethereum L2 Linea

Launched in March 2025 by DASTAN, the parent company of Decrypt and Rug Radio, Myriad has strategically expanded its reach by deploying on Ethereum Layer-2 network Linea. This move positions Myriad as a multichain protocol, broadening access and laying the groundwork for a new generation of DeFi products centered around prediction markets.

Key Statistics and Future Roadmap

• Over 60,000 browser extension installations.
• More than 5.4 million predictions made across various categories, including sports, politics, culture, and crypto.

Looking ahead, Myriad plans to integrate with EigenLayer and EigenCloud, introduce blended oracles, and develop a framework for ERC-PRED, a new asset class specifically designed for prediction markets. These developments aim to solidify Myriad's position as a leader in the evolving landscape of decentralized prediction markets.

Key Takeaways

• Myriad hits $10M in USDC trading volume, indicating growing interest in prediction markets.
• Expansion to Ethereum Layer-2 Linea enhances accessibility and scalability.
• Myriad aims to make prediction markets a core part of DeFi, similar to how Robinhood enabled wider stock trading adoption.