Myriad picks USD1 on BNB Chain as its sole settlement asset, rolls out Season 3
Prediction-market platform Myriad — owned by Dastan, the parent company of crypto publisher Decrypt — announced it will migrate its entire market catalog to BNB Chain and adopt World Liberty Financial’s USD1 stablecoin as the platform’s exclusive settlement asset.
The move, unveiled March 11, 2026, is billed as a step toward a “faster, simpler, and more consistent prediction environment,” replacing Myriad’s current multi-chain setup with a single unified standard. Myriad Markets co‑founder and president Farokh Sarmad said the migration to BNB Chain was “long overdue,” noting the chain’s capacity to support growth: “With over $5 billion in TVL and millions of active users, we needed a home that can sustain the incoming growth of our platform.”
USD1 — the stablecoin launched by World Liberty Financial, a DeFi platform described by Myriad as Trump‑backed — was already integrated into Myriad’s 5‑minute markets earlier this year. Farokh called USD1 a “top stablecoin” and said tighter integration with BNB Chain will unlock deeper ecosystem connectivity.
A major backend change accompanies the token and chain move: Myriad is shifting from an automated market maker (AMM) liquidity model to a Central Limit Order Book (CLOB). Unlike AMMs, a CLOB matches buy and sell orders by price and time priority, letting traders execute limit orders and trade directly with one another. Myriad says the CLOB enables slippage controls, limit orders, dynamic fees, and richer market data — features designed to improve execution and scale liquidity. “The CLOB is by far the most important update to Myriad,” Farokh said, predicting it will “unlock billions of dollars being able to be traded on our platform and 100x our user base.”
Season 3 launches in tandem with these infrastructure upgrades and includes what Myriad describes as “game‑changing updates.” Key product rollouts include a full platform deployment of the new Myriad Wallet, built for speed with fewer approvals and lower gas costs. The wallet integrates MoonPay as Myriad’s official payments partner and supports deposits from more than a dozen fiat currencies, with an emphasis on a streamlined onboarding flow.
Myriad is also overhauling its leaderboard and points system in response to user feedback. Points will now be distributed weekly and will factor multiple metrics instead of a single signal — a change Myriad says prepares the platform for the upcoming MYR ecosystem. When that system goes live, contributors who provide liquidity, information, and infrastructure should be eligible to claim rewards.
“Season 3 will play the biggest role in what comes next,” Farokh said, inviting users who missed earlier seasons to join the platform before the new ecosystem launches.
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