Myriad
Blockchain-based prediction market protocol
Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$22.02Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $22.02 | -- | -- | -- |
| Sep 2026 | $383.96 | -- | -- | -- |
| Aug 2026 | $273.84 | -- | -- | -- |
| Jul 2026 | $104.79 | -- | -- | -- |
| Jun 2026 | $3.64K | -- | -- | -- |
| May 2026 | $9.23K | -- | -- | -- |
Comparison
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About Myriad
Myriad is a decentralized prediction market platform where users trade shares tied to real-world event outcomes, with prices ranging from $0 to $1 reflecting implied probabilities. Its core business embeds prediction markets directly into content platforms such as news articles and social media feeds, allowing users to trade without leaving the page they are reading.
The main market pain point Myriad addresses is the friction and low engagement of traditional prediction platforms, which require users to visit a separate website. By integrating markets into existing content consumption flows, Myriad lowers the barrier to participation. It also solves the problem of slow and disputed settlement by using Chainlink oracles for automated, near-instant result determination and payout distribution.
Myriad's core narrative centers on transforming passive content consumption into active forecasting participation. Its competitive edge lies in the embedded prediction model and the use of automated market makers (AMMs) for liquidity, enabling instant entry and exit without order books.
In the past six months (March to September 2026), Myriad migrated to BNB Chain and adopted USD1 as its exclusive settlement asset, unifying its multi-chain experience. In May 2026, it launched a $100,000 trading contest for the 2026 FIFA World Cup, with top prizes of $20,000, $10,000, and $5,000, plus weekly $5,000 market-making reward pools. The contest settlement relies on Chainlink oracles and real-time match data from technology partner 55 Tech. No significant negative events were reported during this period.
Myriad, a prediction market platform, has achieved several milestones with long-term significance. In March 2026, it completed a seed round led by Paradigm and Polychain Capital, with participation from notable investors including Tom Lee, securing $12.5 million to accelerate product development and market expansion. This funding marked a pivotal validation of its vision. In October 2025, Myriad launched on BNB Chain, introducing automated markets with continuous 5-minute price action and auto-resolution, alongside full EVM wallet support and native bridging. This move significantly expanded its reach into the Asian market, with plans for a Chinese-language interface and markets tailored for Chinese users. These steps represent strategic efforts to enhance liquidity, improve settlement efficiency, and build a multi-chain presence, positioning Myriad as a serious contender in the evolving prediction market landscape.
In March 2026, Myriad launched Season 3, migrating all prediction markets to BNB Chain and adopting World Liberty Financial's USD1 stablecoin as its exclusive settlement asset.
It then closed a "milestone" seed round backed by MoonPay Ventures, Auros, EVG, Side Door Ventures, and individuals including Tom Lee and Luca Netz.
On infrastructure, Myriad fully adopted Chainlink as its official oracle platform, powering crypto markets for BTC, ETH, BNB, SOL with high-speed data and automated resolution/settlement. It also launched a $100K FIFA World Cup trading competition with D.Energy, using 55 Tech's real-time sports data.
Future focus: transition from AMM to a Central Limit Order Book (CLOB), enabling slippage controls, limit orders, and dynamic fees; expand into equities, indices, commodities, and RWA markets; and advance the MYR ecosystem, rewarding liquidity, information, and infrastructure providers.
Co-founders and core executives of Myriad Markets:
Loxley Fernandes — Co-Founder & CEO. A serial entrepreneur with 13+ years in fintech and direct-to-consumer businesses. Previously co-CEO of Rug Radio and played a key role in the Decrypt-Rug Radio merger that formed DASTAN, Myriad's parent company.
Ilan Hazan — Co-Founder & COO. Co-founded Decrypt Media and LitePaper (acquired by ConsenSys). Also served as a software engineer at ConsenSys Mesh, bringing deep Web3 technical and media experience.
Farokh Sarmad — Co-Founder & President. Founder of Rug Radio and host of the FOMO HOUR podcast, one of crypto's largest daily podcasts. He leads strategic vision and community growth for Myriad.