Myriad Hits $10M, Pushes Prediction Markets in DeFi

Myriad Hits $10M, Pushes Prediction Markets in DeFi

The milestone highlights Myriad’s rapid adoption and its vision to make prediction markets a central component of decentralized finance.

By turning information and forecasts into tradable assets, Myriad is redefining how people interact with both crypto and real-world data.

From Media Roots to Market Momentum

Myriad traces its heritage to Decrypt and Rug Radio, two pioneering media ventures in Web3. That background has shaped the platform’s ethos, helping it gain early traction and trust. Since launch, the platform has facilitated more than 5.4 million predictions, seen its browser extension installed over 60,000 times, and quickly climbed into the top tier of Web3 trading applications.

MYRIAD Hits $10M USDC Trading Volume as Prediction Markets Become ‘New Segment of DeFi’https://t.co/RVTJMZKr9x

— MYRIAD (@MyriadMarkets) September 1, 2025

The platform’s co-founder and CEO, Loxley Fernandes, explained, “Financial markets have always been about speculation, but Myriad is turning speculation into a product. We’re showing that trading ideas and forecasts is not only possible, it’s the next frontier for capital markets. Myriad is building the rails for prediction markets to evolve beyond a niche crypto product and become an entirely new segment of DeFi.”

We recently expanded our markets team to include a North American Sports specialist. We will continue to grow our Sports offerings in a much bigger and more aggressive manner. Sports szn is here, on Myriad! https://t.co/tdrg77BQo0

— MYRIAD (@MyriadMarkets) August 29, 2025

This approach taps into a broader trend. Wall Street veteran Thomas Peterffy, founder of Interactive Brokers, predicts that prediction markets could surpass the traditional stock market within the next 15 years due to their ability to price real-world expectations and consensus. Myriad is at the forefront of this movement, offering a platform where users can trade on information as easily as they would trade a stock or token.

Expanding Infrastructure and Ecosystem

Looking ahead, Myriad is positioning itself as both a consumer platform and a B2B protocol for other prediction applications. It is currently deployed on Abstract and Linea, with plans for integration with EigenLayer and EigenCloud. Upcoming features include blended oracles and ERC-PRED, a new asset class designed specifically for prediction markets.

August has been an incredible month at @MyriadMarkets!

We hit $10M total volume while having our best month to date on multiple metrics.

Now that the foundation is set it’s time to push even harder, expect a big end of year from our team. pic.twitter.com/mt6eSUV2fZ

— Farokh (Perma/Bull) (@farokh) August 31, 2025

By combining media-driven credibility, strong early adoption, and a compliance-first expansion strategy, Myriad aims to make prediction markets a recognized pillar of global DeFi. This dual focus on retail users and enterprise-grade infrastructure positions the protocol for long-term growth across industries.

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Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.

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