Overview

  • Decrypt Money Accounts are now available on Solana, allowing users to hold balances in USDT and providing gas sponsorship for a smoother experience.
  • Users can manage one balance that supports various features such as Earn, Swaps, Predictions, and Perps, eliminating the need for multiple deposits or bridging.
  • As a self-custodial platform, Decrypt does not manage private keys and cannot perform transactions for users.

Decrypt Money Accounts have launched on Solana, offering users a unified self-custodial balance that integrates seamlessly with all of Decrypt's services, further advancing the infrastructure for its financial and intelligence market known as The Information Exchange.

“Our aim is straightforward: one account, one balance, and access to every financial instrument right from your primary source of information,” stated Ilan Hazan, co-founder of Decrypt. “Users will be able to oversee all their positions in one location, without the hassle of wallets, bridges, or chains. We are collaborating with top protocols to facilitate this, with partners to be revealed soon.”

Decrypt Portfolio – Prediction Market

Funds and balances are maintained in USDT on Solana, with a single balance funding all services offered by Decrypt, including Earn, Swaps, Predictions, and Perps, with more features anticipated. Gas and rent fees are covered via fee-payer co-signing, eliminating the need for users to hold SOL or worry about network transaction costs. Once funds are deposited, users can immediately start utilizing the wallet.

Decrypt Money Accounts prioritize user control, meaning Decrypt does not store private keys and cannot act on behalf of users. An option for private key export is expected soon, enabling users to integrate their keys with any compatible Solana wallet.

Solana Dashboard – Decrypt

Cross-chain operations occur seamlessly in the background. For example, various Prediction markets settle on BNB Chain, yet users can trade using the same Solana USDT balance without needing to access a bridge or a different network.

Current Myriad Wallet users can access Decrypt Money Accounts immediately. The wallet that facilitated Myriad Predictions is now rebranded as Decrypt Money Accounts, meaning one account and one balance serve both Decrypt and Myriad without any need for migration.

Decrypt Portfolio – Swaps

This platform serves as the foundational layer for The Information Exchange, which combines services from Decrypt, Myriad, and the forthcoming MYR token. Decrypt acts as the information layer, while Myriad provides the infrastructure connecting knowledge with actionable insights, and MYR functions as the economic coordination layer on Solana.

The Information Exchange organizes various subjects, consolidating reporting, data, prices, and probabilities in one accessible location. The range of instruments available is expected to expand from prediction markets to include spot trading, perpetual futures, structured event products, and more. Additional features will be released gradually in the lead-up to Solana Breakpoint.

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