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Myriad

Myriad, also styled Myriad Markets or MYRIAD, is an on-chain prediction market launched by Dastan, the parent company of Decrypt and Rug Radio. It opened as a public beta in December 2024, went live on the Abstract mainnet in January 2025 and later expanded to BNB ChainBNB ChainBNB Chain is a multichain blockchain ecosystem with BNB as its native asset. Its core includes the Ethereum Virtual Machine-compatible BNB Smart Chain, the opBNB layer-2 network and the decentralized storage network BNB Greenfield; its history traces to Binance Chain, launched in 2019.Open the full entry; in March 2026 it announced USD1 as its exclusive settlement asset and moved its full market catalog to BNB Chain. In October 2026 it voided 10 markets after an internal wallet was compromised.

Contents7 sections
Key facts

Public Beta Launch

Dastan, the parent company of Decrypt and Rug Radio, launched Myriad’s public beta during Art BaselArt BaselArt Basel is a Swiss-founded modern and contemporary art fair brand within MCH Group, with fairs in Basel, Miami Beach, Hong Kong, Paris and Doha, alongside market research and public programs.Open the full entry in Miami with a browser extension and website, pairing on-chain prediction markets with Decrypt journalism and Rug Radio creator content and starting with a points-based rewards system.⁠[1]

Dastan co-founder and CEO Loxley Fernandes called the launch a “significant milestone.”⁠[1]

January–March 2025: Abstract Mainnet and USDC Markets

Myriad went live on the Abstract mainnet in January 2025. On March 6 it launched USDC markets, letting users make predictions with USDC for the first time; until then the platform had used on-chain points with no monetary value.⁠[2]

Dastan co-founder and president Farokh Sarmad said the platform would earn revenue by taking a percentage of trading volume.⁠[2]

July–October 2025: Linea Integration and BNB Chain Launch

Myriad integrated with the Linea ecosystem in July 2025 and launched on BNB Chain on October 28, adding Automated Markets—continuous five-minute markets with automatic resolution—and plans for a Mandarin-language version.⁠[3]

USD1 Settlement and Move to BNB Chain

The concurrent Season 3 rollout brought the Myriad Wallet to the whole platform, with MoonPay as official payments partner.⁠[4]

Internal Wallet Compromise Voids 10 Markets

Myriad voided 10 prediction markets on BNB Chain and promised automatic refunds to holders on both sides at pre-attack prices, less any winnings already claimed.⁠[5]

In its October 27 incident report, Myriad said that at 06:07 UTC on October 26 an attacker used a compromised internal wallet that created and resolved markets automatically to force incorrect resolutions on 10 AMM markets. The team revoked the wallet’s rights within minutes and the attacker withdrew nothing. The key had been exposed weeks earlier through a third-party library flaw.⁠[6]

Business: Market Structure and Fees

Myriad’s outcome shares trade between 0 and 1, reflecting the market’s assessed probability, and winning shares pay out at 1. The platform offers both central limit order book and automated market maker markets, charges 0% to 2% on buys plus $0.0085 per transaction for gas, and can embed markets alongside related articles and videos.⁠[7]

Sources

  1. Decrypt, Rug Radio Launch MYRIAD Public Beta (opens in a new window)
  2. Prediction Market MYRIAD Launches USDC Markets (opens in a new window)
  3. Myriad Launches on BNB Chain, Adds Automated Markets (opens in a new window)
  4. Myriad to Use USD1 on BNB Chain as Exclusive Settlement Asset (opens in a new window)
  5. Myriad Voids 10 Prediction Markets After Admin-Wallet Compromise (opens in a new window)
  6. Incident Report: AMM Market Resolution Exploit (Oct 26) (opens in a new window)
  7. Myriad: Dastan launches on-chain prediction markets (opens in a new window)