Myriad launches $100K World Cup trading competition on D.Energy

Prediction market Myriad launched a $100,000 trading competition for the 2026 FIFA World Cup, offering prizes for top traders and market makers.

"We're thrilled to be running this contest during the World Cup," Farokh Sarmad, co-founder and president at Myriad, said. "With billions of viewers tuning in, this is a great opportunity to showcase how prediction markets work around sports tournaments on a global stage."

The prize pool allocates $20,000, $10,000 and $5,000 to the top three traders, with $10,000 split among the remaining leaderboard. An additional $5,000 in maker volume rewards is distributed weekly, with the leaderboard resetting each week. The competition, built in collaboration with Layer-1 blockchain D.Energy, launches with more than 75 multi-binary markets covering every match in the tournament.

The contest builds on Myriad's partnerships with Chainlink, whose oracles provide market resolution, and 55 Tech for real-time sports data. The World Cup kicks off June 11 with South Africa facing host nation Mexico — Myriad users give South Africa a 13% chance of winning. With around 1.5 billion viewers watching the last final, the competition positions Myriad to attract significant user growth and trading volume during the month-long tournament.

Earlier this year, Myriad closed a seed investment round that CEO Loxley Fernandes described as a milestone, laying the groundwork for the platform to invest in product development, liquidity and market expansion. The competition also pressures rival prediction platforms such as Polymarket and Kalshi to respond with their own World Cup offerings.

Myriad is owned and operated by Decrypt's parent company Dastan.

This article is for informational purposes only and does not constitute investment advice.