Myriad Crosses $10M in Trading Volume, Defining Prediction Markets as the Next Chapter in DeFi
Dover, Delaware, September 1st, 2025, Chainwire
Myriad, the Web3 prediction and trading protocol, today announced it has surpassed $10 million in USDC trading volume since launch while onboarding more than 511,000 users. The milestone highlights Myriad’s rapid adoption and its vision to establish prediction markets as a core segment within DeFi.
Myriad’s roots trace back to Decrypt and Rug Radio, two pioneering media ventures in Web3. That heritage has shaped the platform’s ethos and helped fuel early momentum. Since launch, Myriad 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, all while staying true to its mission of making information itself a tradable asset class.
“Financial markets have always been about speculation, but Myriad is turning speculation into a product,” said Loxley Fernandes, co-founder and CEO of Myriad. “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.”
The potential growth of this emerging sector isn’t going unnoticed. Thomas Peterffy, founder of Interactive Brokers, has predicted that prediction markets could surpass the stock market within the next 15 years, citing their unique ability to price real-world expectations and consensus.
Looking ahead, Myriad is positioning itself as both a consumer platform and a B2B protocol for other prediction applications. It has been deployed on Abstract and Linea with plans for further integrations with EigenLayer and EigenCloud. Its roadmap also includes introducing blended oracles and a framework for ERC-PRED, a new asset class designed for prediction markets.
With strong early traction, media-driven credibility, and a compliance-first expansion strategy, Myriad is charting a path to make prediction markets a pillar of global DeFi.
About Myriad
Myriad is a Web3 prediction and trading protocol designed to enable markets where users can trade on information, forecasts, and consensus. Rooted in media-led trust, via Decrypt and Rug Radio, it combines retail adoption with enterprise-grade infrastructure to create a protocol for prediction markets across industries. Its roadmap includes multichain expansion, advanced oracle integrations, and regulatory alignment in the United States.