Platform · Binary Markets
Augur
Ethereum's original decentralized prediction market · dormant for years, now rebooting in 2026 under Lituus Foundation.
- Mechanism
- Binary Markets
- Chain
- Ethereum
- Status
- Beta (reboot)
- Founded
- 2014
- Market types
- Binary · Multi-outcome · Scalar
- Audience
- Crypto-native · Builder/infra · Forecasters · Power user · Generalist
- Website
- www.augur.net
- @AugurProject
Pricing mechanism
Onchain CLOB
Settlement
Community / DAO (REP-staked reporting + fork escalation)
Strengths
- Brand authority as first PM on Ethereum
- Truly decentralized resolution
- Lituus Oracle mechanism research
- Vitalik involvement
- Fork mechanism is most ambitious dispute system
Weaknesses
- Never solved liquidity
- Ethereum L1 UX uncompetitive
- B2B oracle competes with UMA/Pyth/Chainlink
- Thin treasury
- 2-month fork migration friction
- No distribution moat
About this mechanism
Yes/No or multi-outcome shares priced via AMM or CLOB. The largest category by platform count · the volume of onchain competition for what most people picture when they hear 'prediction market'.