Myriad Achieves Over $100M in USDC Trading Volume, Amplifying Prediction Markets Tenfold in Just Three Months

Myriad, a Web3 prediction market protocol, has successfully surpassed $100 million in USDC trading volume, boosting its prediction markets tenfold in just three months. This rapid growth reflects the platform's commitment to expanding its reach and developing robust applications in decentralized finance (DeFi) and artificial intelligence.

Key Takeaways

Myriad has exceeded $100 million in USDC trading volume.
The platform's prediction markets have grown tenfold in three months.
It launched quick Automated Markets and expanded to BNB Chain.
A partnership with Walrus aims to maintain on-chain market data.
Myriad is integrating compliance-focused strategies across several blockchains.

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

Main Content

In its pursuit of enhancing its vision for multichain prediction markets and attracting millions of new users, Myriad has successfully launched quick Automated Markets and expanded its operations to the BNB Chain before the close of last month. Recently, it formed a pivotal partnership with the developer platform Walrus to ensure that all market data and media remain entirely on-chain. This collaboration is set to produce a non-alterable and verifiable record that bolsters user confidence, facilitates audits, and enables exciting new applications within DeFi and artificial intelligence.

Myriad is making significant strides across BNB, Abstract, and Linea, which are all witnessing strong user adoption, media coverage, and a strategy focused on compliance to solidify the role of prediction markets as a vital component of the global DeFi ecosystem. Concurrently, Myriad is positioning itself to serve as a platform for casual traders while also functioning as a foundational protocol for other prediction markets.

Developed to support marketplaces where users can trade based on information, predictions, and consensus, Myriad operates as a Web3 prediction market protocol. By utilizing platforms like Decrypt and Rug Radio, it combines retail engagement with enterprise-grade infrastructure. This approach enables the development of a versatile protocol for prediction markets that spans various industries. Myriad's roadmap includes expanding across several chains, integrating advanced oracles, and aligning with regulatory standards in the United States.