myriad'sprediction platform surpasses the $10 million milestone, boasting a user base of 511,000 onboarded individuals.

Myriad, a Web3 prediction and trading protocol, is making waves in the decentralised finance (DeFi) sector with its unique approach to prediction markets. Rooted in journalistic credibility, Myriad has managed to garner early momentum among users and projects, as evidenced by its impressive growth metrics.

Since its launch, Myriad has onboarded over 511,000 users and facilitated more than 5.4 million predictions. The protocol has also surpassed $10 million in USDC trading volume, a testament to the significant interest in prediction markets among Web3 participants.

Myriad's success hinges on regulatory clarity, institutional tooling, and reliable oracle data. The protocol emphasises a compliance-first expansion strategy to bridge the regulatory gap for institutional adoption. Loxley Fernandes, co-founder and CEO of Myriad, stated that Myriad is turning speculation into a product.

Myriad's ethos is traced back to Decrypt and Rug Radio. The protocol's approach combines retail adoption with enterprise-grade infrastructure. Noted market figures have suggested the long-term potential of prediction markets, with Thomas Peterffy predicting they could surpass the stock market within 15 years.

Myriad is proposing ERC-PRED, a token standard for prediction markets, which could standardise prediction assets and make them interoperable across protocols and chains. This could potentially revolutionise the prediction market landscape, making it more accessible and integrated.

In a bid to improve data integrity, Myriad is building blended oracles. The protocol also has plans for further integrations with EigenLayer and EigenCloud. Myriad's roadmap includes multichain expansion, smarter oracle integrations, and U.S. regulatory alignment.

As Myriad moves forward, its next chapters will test whether its blend of consumer product, B2B rails, and standardised prediction assets can transform the sector into mainstream market infrastructure. Myriad's mission is to make "information itself a tradable asset class." The protocol's browser extension has been installed over 60,000 times, indicating a promising start towards achieving this mission.

However, it's worth noting that no specific institutions have publicly confirmed adopting Myriad as B2B rails for prediction markets. This is an area that Myriad will need to focus on to realise its full potential and become a recognised pillar of DeFi.

In conclusion, Myriad is building the infrastructure for prediction markets to evolve beyond a niche crypto product and become a new segment of DeFi. With its commitment to compliance, journalistic credibility, and innovative solutions, Myriad is well-positioned to lead this transformation.

myriad'sprediction platform surpasses the $10 million milestone, boasting a user base of 511,000 onboarded individuals.