Augur Decentralized

★★★★★ 62.6 PMR Score

The original decentralized protocol — influential, but quiet today.

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Founded2014 (mainnet 2018)

Founder(s)Jack Peterson, Joey Krug & Jeremy Gardner (Forecast Foundation)

HeadquartersDecentralized (Ethereum)

RegulationFully decentralized

CategoryDecentralized

StatusLive

Augur, developed by the Forecast Foundation founded in 2014 by Jack Peterson, Joey Krug, and Jeremy Gardner, was the first decentralized prediction market and one of Ethereum's earliest projects. It pioneered the trustless, user-created market model and an on-chain oracle for resolution.

High Ethereum gas fees historically made casual trading expensive, and a later move to Polygon ("Augur Turbo") came after Polymarket had captured the market. Today Augur is more influential as a template than as an active venue, but its technical legacy runs through much of the DeFi prediction space.

Markets offered

PoliticsSportsCryptoFinanceUser-created

Pros & cons

Pros

Pioneering, fully decentralized design
Permissionless, user-created markets

Cons

Liquidity has largely moved elsewhere
Historically high on-chain costs

Best for Crypto purists interested in the roots of decentralized markets.

Score breakdown

Liquidity

Regulation

Market Breadth

Cost

Transparency

⚠ Important — please read

Prediction markets involve real financial risk and you can lose your entire stake. Availability and legality vary by jurisdiction and are changing rapidly. This review is independent and informational only — it is not financial, investment, or legal advice or an endorsement to trade. Verify this platform's current legal status where you live before depositing funds. Figures reflect public reporting and may be out of date.