Myriad Protocol has achieved over $10 million in trading volume and more than half a million users as it positions itself in the burgeoning prediction market sector of decentralized finance (DeFi). The protocol aims to transform speculation into a marketable product, according to Loxley Fernandes, co-founder and CEO. It recently launched on the Ethereum Layer-2 network Linea, allowing users to make predictions with USDC. Since its debut in March 2025, Myriad has gained traction with over 60,000 installations and over 5.4 million predictions across various categories. The initiative is focused on developing a consumer-friendly platform and a B2B protocol for prediction applications, with plans for future enhancements such as integrating with EigenLayer and creating a new asset type for predictions. By simplifying the user experience, Myriad aims to democratize access to financial derivatives and prediction markets, likening its goal to Robinhood's impact on stocks. The growth trajectory suggests that prediction markets could become a critical component of global DeFi in the coming years.

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