Prediction market platform Myriad has named Chainlink (LINK) the exclusive oracle behind its 2026 FIFA World Cup markets, where a $100,000 contest is already live.
Key Points:
- Myriad will use Chainlink as the exclusive oracle for its 2026 FIFA World Cup prediction markets.
- The Chainlink Runtime Environment will automate match resolution and settlement, replacing slower manual methods.
- A $100,000 trading competition is running on the World Cup markets, paying $20,000 to the top trader.
Chainlink Powers Myriad Markets
The platform adopted the oracle to settle every match market across the 48-team tournament, which spans Canada, Mexico and the United States.
The deal extends Myriad's earlier use of the Chainlink Runtime Environment, known as CRE, the same system that drives its crypto price markets. CRE will now create, resolve and settle the soccer markets automatically.
That setup aims to replace the manual settlement that slows some rival venues, where disputed or delayed payouts frustrate users. Myriad is also leaning on sports data firm 55 Tech to feed live match results into its markets.
The platform is also running a $100,000 trading contest tied to the World Cup. The top three traders collect $20,000, $10,000 and $5,000, while the remaining $10,000 is split across the leaderboard. Top market makers share a separate $5,000 pool each week, with standings reset every seven days.
Also Read: Bitcoin Slides Below $62,500 As Failed Rally Revives Bear Market Fears
Reilly Backs Faster Payouts
Co-founder and COO Ilan Hazan tied the move to the tournament's global pull, describing the World Cup as "exactly the kind of moment Myriad was built for." He said fast settlement could turn first-time users into long-term ones.
William Reilly, head of strategic initiatives at Chainlink Labs, said the network's tamper-proof records should cut resolution disputes for fans worldwide. Oracles matter here because they pull real-world results onto a blockchain, where smart contracts settle bets without a middleman. Accurate feeds become critical once real money rides on the outcome.
Prediction markets let users trade shares on future events, with prices that drift between $0 and $1 to mirror the odds. The sector has swelled over two years, lifting venues such as Polymarket and Kalshi toward multi-billion-dollar valuations.
The agreement caps a busy run for the firm. In Mar., Myriad closed a seed round it billed as a milestone, with backing from MoonPay Ventures, Fundstrat co-founder Tom Lee and earlier investors ConsenSys and HashKey Capital. That raise followed its launch on BNB Chain and a push toward short-timeframe markets, part of a plan to embed the platform as a protocol.
Read Next: Is Claude Fable 5 Crypto's Next Big Security Nightmare?