Augur
Pioneering decentralized prediction market protocol on Ethereum with REP token governance.
Prediction Markets
Crypto & Decentralized
Free Available
Pricing
Free Available
Platforms
Web
API Access
Yes
Founded
2015
Overview
Augur is one of the first decentralized prediction market protocols, launched on Ethereum in 2018 by the Forecast Foundation. It uses a REP (Reputation) token system for market resolution via decentralized dispute resolution, making it fully trustless. While its usage has declined significantly with the rise of Polymarket, Augur remains an important reference implementation and its codebase has influenced many subsequent prediction market protocols.
Key Features
- Fully decentralized Ethereum-based prediction market protocol
- REP token-based decentralized dispute resolution for market outcomes
- Open-source codebase — permissionless market creation
- Trustless settlement with no central authority
- Historical significance as the first major decentralized prediction market
- No KYC — any Ethereum wallet can participate
Pricing Plans
Standard
$0/mo
- No platform fee — fully decentralized
- Gas fees on Ethereum apply
- REP tokens needed for dispute resolution
- Market creation requires ETH stake
