Myriad Markets, a decentralized prediction market platform built by DASTAN, the parent company of Decrypt and Rug Radio, officially introduced “Myriad Pools” on December 4, 2025.
This feature marks a key step in the platform’s evolution toward greater decentralization by allowing external users to provide liquidity to its markets, rather than relying solely on internal team-provided liquidity.
Deeper liquidity pools mean tighter spreads, reduced slippage, and a smoother trading experience when buying or selling shares in prediction markets, like on events in crypto, politics, sports, gaming, culture, or tech.
Register for Tekedia Mini-MBA edition 19 (Feb 9 – May 2, 2026): big discounts for early bird.
Tekedia AI in Business Masterclass opens registrations.
Join Tekedia Capital Syndicate and co-invest in great global startups.
Register for Tekedia AI Lab: From Technical Design to Deployment (next edition begins Jan 24 2026).
Participants can earn a share of the platform’s revenue from trading fees plus additional incentives, which are yet to be fully detailed (TBA). This could include points toward potential airdrops of the $MYR token, based on community speculation.
Myriad Pools build on the platform’s constant function market maker (CFMM) model, where liquidity is added to pools backing specific market outcomes. Traders interact with these pools to buy/sell shares, and imbalances adjust prices dynamically while keeping the total shares constant.
The feature is designed to support Myriad’s automated markets, which resolve every 5 minutes, and integrates with chains like BNB Chain, Abstract, and Linea for low-cost access. Early access is available via a waitlist on Myriad’s site. Users connect EVM-compatible wallets and can start providing liquidity once rolled out.
With prediction markets booming alongside Polymarket and Kalshi, this addresses a core challenge: liquidity depth. Community buzz on X highlights it as a low-risk entry for passive earners, potentially boosting $MYR airdrop eligibility.
Constant Function Market Makers (CFMMs) are a foundational mechanism in decentralized finance (DeFi) and automated market making systems, particularly popularized by protocols like Uniswap. They enable permissionless, automated trading without traditional order books by relying on liquidity pools and mathematical invariants.
At its heart, a CFMM is an automated market maker (AMM) that uses a constant function or invariant to determine prices and facilitate trades. Unlike centralized exchanges that match buyers and sellers via bids/asks, CFMMs maintain a pool of assets where traders interact directly with the pool.
The key innovation is a mathematical formula that must remain constant before and after each trade. This invariant governs how prices adjust dynamically based on supply and demand.If a trade imbalances the reserves, the price shifts to restore the invariant.
No external oracles or human intervention is needed for pricing—it’s purely algorithmic. Users trade by adding one asset to the pool and removing another. The amount received is calculated to keep the invariant unchanged.
Typically, a small fee (e.g., 0.3%) is skimmed from trades and distributed to LPs as rewards. CFMMs are “constant function” because the product, sum, or other function of the reserves stays fixed, ensuring the system is self-balancing.
In Myriad’s case liquidity is added to pools for market outcomes. Traders buy/sell shares, and imbalances adjust prices while keeping total shares constant—suggesting a constant-sum-like model.
After the event, winning shares redeem for $1 or equivalent, losers for $0. Unresolved markets resolve via oracles or automation (e.g., every 5 minutes in Myriad’s automated markets). Pool starts with 50 Yes shares and 50 No shares.
Price of Yes = Yes reserves / total = 0.5 (50% probability). Trader buys 10 Yes shares: Deposits collateral, pool becomes 40 Yes and 60 No. New Yes price ? 0.6. This creates a probability-based market where prices converge to true odds via crowd wisdom.
In platforms like Myriad, they democratize prediction betting by making liquidity provision open, potentially with rewards like token airdrops. This launch aligns with Myriad’s broader mission to embed prediction markets into everyday content consumption via browser extensions and media integrations.