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defi

mainnet

Meridian Predict

Onchain prediction markets and mutualized perpetuals.

Opens on hoodl2.com.

Project video

0:38
Read the transcript · Narrated with captions

A market can turn a view about the future into a position people can trade. Meridian offers prediction markets and mutualized perpetuals (mPerps) for 24/7 price discovery. Its platform covers global onchain markets with capital-efficient perpetual instruments. What matters is the question being traded, the rules for reaching a result, and how the position settles. Different formats answer different kinds of questions. Explore Meridian Predict on Hood L two. Find the project links, its full description, and the sources behind the listing.

HoodL2 produced this overview independently. It is not an endorsement. Check the listing sources for current details.

HoodL2 project profile3 sourcesReviewed 7 Sept 2026

Overview

Meridian offers prediction markets and mutualized perpetuals (mPerps). It describes these instruments as providing 24/7 price discovery across global onchain markets and improving capital efficiency.

Uses

  • Trading prediction singles or combined predictions.
  • Researching mutualized perpetuals and their margin rules.

Risks and limitations

  • Prediction markets settle in USDe, with its own issuer and collateral dependencies.
  • Early-July TVL around $108k is a historical snapshot.
  • Claims of better RFQ execution require comparison with actual quotes.

Metrics

Meridian TVL

$107.8K

Snapshot 2026-07-13

Key facts

What it is
Meridian offers prediction markets and mutualized perpetuals (mPerps). It describes these instruments as providing 24/7 price discovery across global onchain markets and improving capital efficiency.· 78%§
Market structure
Market makers compete in RFQ auctions for prediction orders, with collateral, settlement and payouts handled by smart contracts.· 75%§
Formerly Ethereal
The project was formerly known as Ethereal and rebranded to Meridian in May 2026, shifting from general derivatives infrastructure toward prediction markets.· 75%§
TVL
Around $108k on Robinhood Chain in early July 2026.· 68%§

Key features

Prediction markets

Meridian documents single and combined predictions with RFQ auctions.

USDe settlement

Prediction-market collateral, settlement and payouts use USDe.

Perpetuals

The documentation also describes perpetual futures, including mPerps with isolated margin pools.

People and accounts

Meridian PredictOfficial Protocol Account
@MeridianPredict

Publishes prediction-market and perpetual-product updates.

Hood DailyEcosystem Analyst
@HOODdailyTK

Independent coverage of Robinhood Chain markets.

History

  • 2026-05

    Ethereal rebrands to Meridian

    The project formerly known as Ethereal rebranded to Meridian, narrowing its focus from general derivatives infrastructure toward prediction markets and RWA perps.

  • 2026-07

    Live on Robinhood Chain

    Meridian Predict operates on Robinhood Chain as an early prediction-markets venue settled in USDe, at roughly $108k TVL.

Frequently asked questions

What is Meridian Predict?
A prediction-markets and RWA-perps venue on Robinhood Chain, settled in USDe. It uses RFQ auctions where market makers compete to price each prediction, with settlement handled onchain by smart contracts.
Was Meridian called something else before?
Yes. It was formerly known as Ethereal and rebranded to Meridian in May 2026, shifting toward prediction markets from a broader derivatives-infrastructure focus.
What does it settle in?
Meridian Predict settles in USDe. Check the selected product’s collateral and settlement rules; prediction markets and perpetuals have distinct mechanics.

Related projects

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