Myriad is a new prediction market platform that allows users to make predictions across various categories such as crypto, sports, and politics. It integrates media content from outlets like Decrypt to enhance user engagement.
Key points
Myriad integrates prediction markets with media content
Users can predict outcomes in various categories
Launched by Dastan, parent company of Decrypt
Utilizes Central Limit Order Book and Automated Market Maker
Myriad is a platform that integrates prediction markets alongside written and video content from media outlets, including Decrypt.
Users can make predictions on Myriad across categories including Crypto, Sports, Politics, Economy, Gaming and Culture.
Myriad employs Central Limit Order Book (CLOB) and Automated Market Maker (AMM) markets.
Myriad is a prediction market launched by Decrypt’s parent company Dastan. Users can make predictions out outcomes across a range of categories including crypto, politics and sport.
Myriad’s prediction markets are integrated alongside written and video content from media outlets, including Decrypt and Rug Radio—enabling new forms of reader engagement and opening up new business models for publishers.
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See every story in Crypto — including breaking news and analysis.
Image: Myriad
Along the left-hand side of the page, you’ll see several options:
Markets: Your hub for hot markets and activity.
5-Minute Markets: The home of quick-fire and instant payout markets.
Leaderboard: See how you stack up against others
News: View the latest news stories and related prediction markets.
Topics: Markets arranged by category, including Crypto, Sports, Politics, Economy, Gaming and Culture
To view your profile page, click on the icon in the top right corner. This will bring up options including setting up your profile, viewing your portfolio and changing settings.
What are Myriad prediction markets?
Myriad’s on-chain prediction markets are the heart of the platform, enabling users to back their calls on real-world events. Those events can include anything from sports and crypto to gaming and politics.
As more people take part in the prediction market, the odds shift in real-time, indicating what outcome the community thinks is likely to happen.
Myriad’s prediction markets are made up of “shares” with values ranging from 0 to 1 points, with its value correlating to the percentage chance of it winning. So if a share for outcome A in a prediction market is valued at 0.53 points, the market reckons that outcome A has a 53% chance of happening.
When the market resolves, the price goes to 1 point a share for whichever outcome took place; thus, the lower the odds of something happening, the cheaper betting on it becomes—and vice versa.
Types of Myriad prediction market
📖 Central Limit Order Book (CLOB): On Order Book markets, liquidity is provided by traders who place Limit orders. A CLOB matches buy and sell orders based on price and time priority, enabling users to trade directly with each other rather than through an intermediary. Myriad’s CLOB enables an array of features including slippage controls, limit orders, dynamic fees, and broader market information for users.
🤖 Automated Market Maker (AMM): An AMM provides a more linear liquidity curve, making prices more predictable for traders. Prices update automatically and dynamically as traders buy and sell, and the sum of all outcome prices always sum to $1. Markets have fees ranging from 0% to 2% on buy transactions, with the myriad.markets application charging a small fee of $0.0085 on every transaction to cover blockchain gas costs.
How to take part in Myriad prediction markets
To take part in Myriad prediction markets, head to myriad.markets.
Relevant Myriad prediction markets appear embedded alongside Decrypt and Rug Radio content. To view all Myriad prediction markets, click “Visit Dashboard” and then click “Markets.”
Along the top of the page you'll find categories including Crypto, Sports and Politics. Using the toolbar below, you can search for specific markets, or filter by Newest, Trending, Volume, Ending and token types.
Regardless of how you’re viewing a prediction market, participating is simple: simply click the button under the market corresponding to the outcome you think is more likely to happen, and type the amount you want to trade. There are buttons for $1, $5, $100 or MAX (100%) of your holdings. Once you’re happy with the amount, click the button below the market to make your prediction.
Image: Myriad
You can also click on the title of any market to open its page, where you’ll see a chart showing how predictions have changed over time, along with the market’s resolution rules.
Image: Myriad
If an event is cancelled, you’ll get your stake back, or Myriad will settle based on whatever official information is available.
Deposit funds on Myriad
Click “+ Deposit”
This can be found at the top-right of Myriad, next to your USDC balance.
Image: Myriad
You’ll see the following options:
From Abstract: This option allows early season users an easy way to migrate their USDC on Myriad, directly to USD1 on BNB.
Transfer USD1 on BNB Smart Chain: This option allows you to send USD1 on BNB/BSC directly to your Myriad Wallet.
Transfer Crypto: This option allows you to transfer any qualifying Crypto directly to your Myriad Wallet and it will be auto converted to USD1 upon arrival.
Connect Wallet: Directly connect any of your wallets to direct deposit.
Connect Exchange: Connect an exchange account to direct deposit.
Use Cash: Allows commonly used cards or cash options for fiat deposits.
Help! Something’s not working!
If you encounter a bug or other issue, let us know by filling out our support form.
How does Myriad protect my account?
Myriad is committed to providing a safe, secure experience for users. Your account is protected by:
Secure authentication using email or wallet login.
Blockchain-based security for transparent and secure transactions.
Data encryption to protect your information.
Funds are never held by Myriad.
All keys can be exported by clicking Settings under your Myriad Profile.
