Hedgehog Markets vs Myriad Markets
| Attribute | Hedgehog Markets | Myriad Markets |
|---|---|---|
| Founded | 2021 | 2025 |
| HQ | Decentralized / Remote | Decentralized / Remote |
| Type | Solana-Based Pooled Prediction Protocol | Embedded Web3 Social Prediction Protocol |
| Regulated | ❌ No | ❌ No |
| Valuation | — | $30M+ (2026) |
| Status | Active | Active |
| Prestige | 58% | 58% |
Hedgehog Markets was established in 2021 by George Watson to bring high-speed, sub-cent transaction cost prediction markets to the Solana ecosystem. Built as a decentralized prediction venue, Hedgehog addresses the high gas fees and slow settlement times that plagued early Ethereum-based forecasting platforms by leveraging Solana's high-throughput architecture.
A defining innovation of the platform is its "No-Loss Competitions." Users can stake collateral (such as USDC) into yield-generating protocol vaults to earn competition tickets. Participants use these tickets to forecast crypto price targets, financial indicators, and sports results. Yield generated from the underlying collateral funds substantial prize pools distributed to top-performing predictors, ensuring participants retain 100% of their initial principal regardless of prediction accuracy.
Full profile: Hedgehog Markets →Myriad Markets was launched in early 2025 under DASTAN Inc.—the Web3 media conglomerate formed by the high-profile merger of Decrypt Media and Rug Radio. Built on the Arbitrum Layer-2 blockchain with cross-chain expansion to BNB Chain, Myriad was engineered to overcome the "destination app problem" of traditional prediction venues. Instead of forcing users to navigate to a isolated exchange portal like Polymarket or Kalshi, Myriad embeds prediction contracts directly into news articles, X (formerly Twitter) threads, and media feeds where online discourse naturally occurs.
Through the Myriad Browser Extension and lightweight web widgets, readers browsing crypto news or social media can inspect live odds and trade binary outcome contracts directly within their browser context. The protocol uses Automated Market Maker (AMM) liquidity pools backed by stablecoins like USDC and USDT, allowing users to speculate on real-time news headlines, political developments, and crypto milestones without leaving the publisher's domain. Settlement is handled trustlessly through blended oracle networks and optimistic resolution frameworks tied to verifiable news sources.
Full profile: Myriad Markets →