February 03, 2026 ChainGPT

Myriad and AceTrader Launch $30K Prediction Contest Around $1M Trading Showdown

Myriad and AceTrader Launch $30K Prediction Contest Around $1M Trading Showdown
AceTrader and Myriad launch $30K prediction contest around $1M trading showdown AceTrader and prediction market Myriad have teamed up to let users bet on outcomes in the AceTrader 100 competition — a celebrity-studded trading tournament fighting for a $1,000,000 USDC trade fund. Myriad, which is owned by Dastan (the parent company of Decrypt), opened a slate of markets tied to the event and put up a combined $30,000 in Trade Fund prizes for top forecasters. What’s on offer - Total prize pool for Myriad forecasters: $30,000 in Trade Funds plus promotional rewards. - 1st place on the Myriad leaderboard: $20,000 Trade Fund - 2nd place: $10,000 Trade Fund - 3rd place: 1 Year AceTrader Standard Plan - Additional rewards: free one-month AceTrader promo codes for runners-up in the top 100, and 200,000 MYR Points (Myriad’s token/points allocation noted at 200M in the announcement). How it works Myriad users can trade prediction markets tied to AceTrader 100 matchups — for example, which of two traders will post higher profits in a showdown stage or whether the “Public 80” will outscore the “Elite 20” in the Grand Final. The contest was promoted by Myriad on Jan. 29, 2026, highlighting the $1,000,000 USDC trade fund and the chance to win funded trading accounts. Why it matters AceTrader frames the AceTrader 100 as more than a competition — a spectator event for the crypto community. A spokesperson said the Myriad partnership gives viewers “a way to participate in the narrative,” adding that prediction markets bring “a layer of accountability and engagement” and let users back their favorite traders and KOLs with real conviction as the $1M quest unfolds. About AceTrader and the trader pathway AceTrader is a crypto proprietary trading firm that offers traders access to institutional-scale capital without requiring personal capital. Prospective traders complete a structured evaluation in a risk-free simulated environment; those who qualify can manage AceTrader’s live funds, with the firm absorbing trading risk in exchange for a share of profits. AceTrader advertises “generous profit-sharing terms and performance scaling opportunities” for both new and experienced traders. Notable participants and voices The AceTrader 100 features celebrity crypto traders, including Farokh Sarmad — Myriad’s president and co-founder — among the competitors. Sarmad called the contest “a really fun opportunity for Myriad users to have skin in the game and back their favourite horse.” How to join To trade on the Myriad AceTrader 100 Community Contest, head to Myriad Markets. The collaboration was presented as a sponsored post by AceTrader, with additional partnership information available through Decrypt. Read more AI-generated news on: undefined/news