Myriad is overhauling the structure of its prediction market platform by making World Liberty Financial’s USD1 stablecoin the exclusive settlement asset on BNB Chain while replacing its AMM-based market design with a central limit order book. The company is pairing a new matching system with a single settlement currency in an effort to improve execution quality and simplify the trading experience.
The transition is projected for early 2026, with completion targeted by March 2026. Myriad is presenting the change as a way to tighten price discovery, reduce slippage, and support both institutional-style order flow and everyday retail participation through a more standardized market structure.
Welcome to MYRIAD Season 3.
Our biggest season yet, featuring our most ambitious tech upgrades.
All on @BNBCHAIN, powered by USD1. pic.twitter.com/v6WlZ2CYaN
— MYRIAD (@MyriadMarkets) March 11, 2026
A shift from AMM pricing to order-book execution
Under the new model, Myriad will move away from Automated Market Maker mechanics and adopt a Central Limit Order Book that enables direct peer-to-peer matching. That change is intended to create continuous price formation and give traders access to more precise execution tools than an AMM can typically provide.
The company said the CLOB framework will support native limit orders, slippage controls, and dynamic fee structures. Those features are meant to deliver tighter spreads and more predictable trade outcomes, particularly for larger or more sophisticated orders.
Myriad is also consolidating its markets onto BNB Chain and standardizing all settlements in USD1, a BEP-20 stablecoin. By reducing the fragmentation of a multi-chain setup, the platform is trying to make trading, settlement, and user access more operationally consistent.
To support that simplification, Myriad said its wallet will integrate with MoonPay for fiat on-ramps across more than a dozen currencies. The goal is to remove friction from the funding process and make entry into the platform easier for a broader range of users.
Growth potential comes with concentration risk
Co-founder Farokh Sarmad described the CLOB rollout as the platform’s most significant update and said it could unlock billions in trading volume while potentially expanding the user base a hundredfold. The company is clearly treating this redesign as both a liquidity upgrade and a broader product expansion aimed at market makers and professional traders.
At the same time, Myriad acknowledged that relying exclusively on USD1 introduces a direct settlement risk. If USD1 were to lose its peg because of reserve problems, regulatory pressure, or a breakdown in market confidence, settlement values across the platform could be affected immediately.
The choice to center everything on BNB Chain also creates a second layer of concentration. Myriad is betting on the chain’s scale, liquidity, and user base, but it is also accepting the operational dependence that comes with building around a single network’s throughput, fees, and uptime.
The redesign could make the platform more attractive by offering clearer order-book signals and lower expected slippage. Whether that translates into durable growth will depend on two things above all: a stable USD1 peg and reliable BNB Chain performance as the transition moves toward its March 2026 target.
