Prediction-market protocol Myriad is consolidating its markets on BNB Chain and adopting World Liberty Financial’s USD1 stablecoin as its exclusive settlement asset — a move the team says will simplify trading and unlock new features.
Key details
- Migration: Myriad (owned by Dastan, Decrypt’s parent company) is moving its entire prediction-market catalog onto BNB Chain and will use USD1 as the sole settlement currency.
- Timing: The announcement comes with the launch of “MYRIAD Season 3,” promoted by the team on March 11, 2026.
- Rationale: Myriad says a single-chain setup will replace its current multi-chain fragmentation and provide “a faster, simpler, and more consistent prediction environment.” Co-founder and President Farokh Sarmad described the BNB move as “long overdue,” citing BNB Chain’s scale — over $5 billion in TVL and millions of active users — as necessary to support the platform’s next growth phase.
Why USD1 and BNB Chain
- Earlier this year Myriad became the first prediction market to integrate USD1 (a stablecoin issued by World Liberty Financial, a DeFi platform backed by Donald Trump) on its 5-minute markets. The team calls USD1 a “top stablecoin” that enables deeper integration with BNB’s ecosystem.
- Making USD1 the exclusive settlement asset standardizes pricing and liquidity across all of Myriad’s markets on BNB Chain.
Major product changes: AMM → CLOB
- Myriad is switching from an automated market maker (AMM) liquidity model to a Central Limit Order Book (CLOB). That change is central to Season 3.
- What CLOB brings: slippage controls, limit orders, dynamic fees, and richer market data. A CLOB matches buy and sell orders by price and time priority so users trade directly with each other instead of through an intermediary.
- Myriad says the CLOB is its “most important update,” with Sarmad predicting it could “unlock billions of dollars being able to be traded on our platform and 100x our user base.”
Platform improvements in Season 3
- Myriad Wallet: Full platform rollout of a new wallet built for speed, requiring fewer approvals and lower gas fees. MoonPay is integrated as Myriad’s official payments partner, enabling deposits in seconds from more than a dozen fiat currencies.
- Leaderboard and points: The rewards system has been overhauled. Points will now be distributed weekly and calculated from multiple engagement metrics rather than a single signal.
- MYR ecosystem: These changes prepare the ground for a broader MYR ecosystem where contributors of liquidity, information, and infrastructure will be eligible for rewards when the system goes live.
What the team says
- Sarmad frames Season 3 as a pivotal milestone: “Season 3 will play the biggest role in what comes next… even if you missed earlier seasons, there’s still plenty of time to catch up.”
Bottom line
Myriad’s consolidation onto BNB Chain and its exclusive adoption of USD1 mark a significant shift from fragmented, AMM-driven prediction markets toward a unified, order-book-driven product. If the network and stablecoin integrations perform as promised, the platform could gain scale and deliver more sophisticated trading tools to prediction-market users.
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