Augur vs Novig
A detailed head-to-head comparison of Augur and Novig — pricing, features, and which one wins for different use cases.
Augur
The original decentralized prediction market protocol on Ethereum with permissionless market creation
Augur is the first decentralized prediction market protocol, launched on Ethereum in 2018 after one of the largest ICOs of its era. It pioneered the concept of permissionless market creation where any…
Full review →Novig
Zero-vig US peer-to-peer sports prediction exchange
Novig is a US peer-to-peer sports betting exchange whose pitch is right in its name: 'no vig' — it aims to eliminate the built-in margin (the vigorish) that traditional sportsbooks charge, by matching…
Full review →Feature Comparison
| Feature | Augur | Novig |
|---|---|---|
| Settlement Mechanism | REP token oracle + dispute | P2P exchange (regulated) |
| Trading Model | AMM + order book | Peer-to-peer order book |
| Collateral Token | DAI | USD |
| Min Trade | Gas cost minimum | $1 |
| Api Access | ✓ | ✗ |
| Embeddable Odds | ✗ | ✗ |
| Geo Restrictions | None | US, varies by state |
| Market Creation | Permissionless | Exchange-approved |
| Mobile App | ✗ | ✓ |
| Governance Token | ✓ | ✗ |
Augur Pricing
Augur
Free (gas costs only)
Free
- ✓Permissionless markets
- ✓REP oracle resolution
- ✓Ethereum mainnet
- ✓Open protocol
- ✓DAI collateral
Novig Pricing
Novig
Free to trade
Free
- ✓Zero-vig peer-to-peer model
- ✓US sports exchange
- ✓Fairer P2P pricing
- ✓Modern mobile app
- ✓Real-money (varies by state)
Verdict: Which Should You Choose?
Augur is the better pick if you need pioneer protocol — foundational architecture reference for all modern prediction markets. Novig wins when zero-vig model removes the sportsbook's built-in margin. Both are production-ready — the right choice depends on your team's workflow and budget.