Who will control Congress after the 2026 U.S. Midterm Elections?
https://t.co/7XqisRsqgY
Myriad
Onchain prediction market from Decrypt parent Dastan operating across BNB Chain, Linea, and Abstract
3.1/ 5
Our score
Fair
Market types
CryptoPoliticsSportsCulture
Settles in
USD1, USD₮
Trading fees
Dynamic fees
Available in the US
No
What is Myriad?
Myriad is a decentralized prediction market platform that lets users trade outcome shares on politics, sports, crypto, and macro finance. Owned and operated by Dastan, the parent media company behind Decrypt, the protocol uses an order-book architecture deployed across BNB Chain, Linea, and the Abstract network.
Team and backing
The project is led by co-founder and Chief Executive Officer Loxley Fernandes, alongside co-founder and President Farokh Sarmad and co-founder and Chief Operating Officer Ilan Hazan. In March 2026, Myriad completed a seed round backed by MoonPay, Walrus, Fundstrat co-founder Tom Lee, Verda Ventures, Auros, Side Door Ventures, EVG, and Igloo Inc.
Trading mechanics and infrastructure
Myriad runs a central limit order book (CLOB) to handle order matching. Traders can interact through the core web platform or directly through a dedicated Chrome browser extension that lets users place wagers across social media feeds. The venue relies on MoonPay integrations for fiat deposits into its embedded wallet. Outside the United States, Myriad integrated World Liberty Financial's USD1 stablecoin alongside USD₮ and point-based markets.
Fees and regulatory availability
Order book trading fees on Myriad are dynamic depending on the market contract. Participation is segmented by geography: USD1 stablecoin settlement pools are explicitly restricted from US participants. Elsewhere, access to USD₮ and points-based markets depends on local regulations.
Track record and operational risks
In January 2026, Myriad launched Candles, an automated short-timeframe prediction pool mechanism, before migrating event contracts to BNB Chain for its Season 3 release in March 2026. By October 2026, total value locked stood at approximately $229,000 across its deployments. Key risks include smart contract vulnerabilities and regional restrictions, including the United States restriction on USD1 markets.
Founders
Loxley FernandesCo-founder & CEO
Farokh SarmadCo-founder & President
Ilan HazanCo-founder & COO
Best for:Non-US event traders using USD1Social media users trading predictions directlyTraders on BNB Chain and Linea
Pros and cons
Pros
- Operates across BNB Chain, Linea, and Abstract
- Offers a dedicated Chrome extension to place trades directly within social feeds
- Uses a central limit order book rather than AMM bonding curves for execution
- Backed by investors including MoonPay and Tom Lee
Cons
- Restricts US persons from USD1 stablecoin settlement markets
- Thin liquidity with total value locked around $229,000 in October 2026
- No publicly documented independent smart contract security audit reports
- Dynamic trading fee schedule rather than fixed public flat rates
Our review
3.1/5
Fair
Myriad offers event trading through social feeds across BNB Chain, Linea, and Abstract, while USD1 markets exclude US participants.
Myriad is a multi-chain prediction market developed by Dastan, the parent media group behind Decrypt. In March 2026, Myriad launched Season 3, migrating event contracts to BNB Chain and adopting a central limit order book (CLOB). Event listings span politics, sports, crypto price milestones, tech IPO dates, and macro indicators.
A dedicated Chrome extension lets forecasters trade outcome shares directly while browsing social media feeds, bypassing the standard interface. For fast-paced trading, Myriad features Candles, which are automated, short-timeframe outcome pools with continuous automated resolution. Account funding uses an integrated wallet with MoonPay support for deposits.
However, liquidity remains a major constraint. In October 2026, Myriad held roughly $229,000 in total value locked. Regional availability is also fragmented. Points and USD₮ markets are available depending on country; USD1 markets are restricted from the United States States.
Dastan supports the project alongside seed funding participants including MoonPay, Walrus, and Tom Lee. The protocol has avoided recorded exploits, although its smart contracts lack documented public security audits.
Sources (2)
Specs
| Market types | Crypto, Politics, Sports, Culture |
|---|---|
| Settles in | USD1, USD₮ · unverified |
| Chains | BNB Chain, Other |
| Trading fees | Dynamic fees · unverified |
| Available in the US | No · unverified |
| Market topics | Crypto prices, Elections, Commodities, Sports matches, Corporate IPOs · unverified |
| Liquidity rewards | Yes · unverified |
Not disclosed by the provider: Resolution source, KYC required, Regulated venue, Mobile app.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Central limit order book
Executes prediction trades using an offchain-matched or onchain CLOB structure rather than automated liquidity pools.
Chrome browser extension
Allows users to place event predictions directly from social media platforms without navigating to the main web app.
Candles short-term pools
Provides automated prediction pools featuring short-timeframe expirations, continuous liquidity, and automated outcomes.
Multichain contract deployment
Runs smart contracts across BNB Chain, Linea, and Abstract Network.
USD1 and USD₮ settlement
Supports wagering settled in World Liberty Financial's USD1 or Tether USD₮ for accounts in supported countries.
Embedded fiat onramp
Incorporates native wallet funding through MoonPay integrations for user deposits.
Inside Myriad
Markets
The core trading interface displays active prediction contracts covering politics, tech IPOs, crypto milestones, and sports. Users can filter by trading volume, trending status, and close dates.
Candles
An automated market mode that operates short-timeframe prediction pools with continuous liquidity and automated settlement.
Myriad Extension
A downloadable Google Chrome extension that allows users to place prediction wagers directly across social media channels and external web pages.
Portfolio
The account dashboard displays open positions, closed contract histories, earned points, and active stablecoin balances.
Leaderboard
A ranking table that tracks trader performance, historical prediction accuracy, and volume across seasons.
Myriad screenshots
User reviews
No user reviews yet. Have you used Myriad? Share your experience below.
Funding and investors
2Rounds
12Investors
-
Seed Mar 2026 Amount undisclosedAG Auros GlobalVenture capital BU BubblemapsVenture capital EV Everest Venture GroupVenture capital II Igloo Inc.Venture capital MO MoonPayVenture capital OF Old Fashion ResearchVenture capital OC Orange Cap CapitalVenture capital SD Side Door VenturesVenture capital VV Verda VenturesVenture capital WP Walrus ProtocolVenture capital WD Wave Digital AssetsVenture capitalSource
-
Seed Mar 2026 Amount undisclosedSource
FAQ
Who founded Myriad?
Myriad was founded by CEO Loxley Fernandes, President Farokh Sarmad, and COO Ilan Hazan. It is operated by Dastan, the media company behind Decrypt.
Which networks and settlement assets does Myriad use?
Myriad operates across BNB Chain, Linea, and Abstract. Outcome contracts settle primarily in World Liberty Financial's USD1 stablecoin or USD₮, with points used in select jurisdictions.
Can US residents trade on Myriad?
US residents cannot access real-asset markets settled in USD1 due to geographic restrictions. Some regions are restricted to point-based markets.
What trading fees does Myriad charge?
Myriad applies dynamic trading fees on its central limit order book rather than a single flat percentage.
Has Myriad been audited or suffered any exploits?
Myriad has experienced no documented hacks or exploits. Its public documentation does not cite third-party smart contract audits.
What are Myriad Candles?
Candles are automated, short-timeframe prediction pools built for rapid event outcomes. They feature continuous liquidity and automated trade resolution.
Latest from Myriad on X
Elon Musk Net Worth on October 31?
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SOL next move: Pump to $160 or Dump to $40?
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Recent public posts from @MyriadMarkets, shown as published. Not reviewed or endorsed by CryptoReview.
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