Augur vs PredictIt
A detailed head-to-head comparison of Augur and PredictIt — 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 →PredictIt
Long-running US political prediction market run for academic research
PredictIt is one of the longest-running prediction markets in the US, operated as a research project (historically in partnership with Victoria University of Wellington) and focused primarily on polit…
Full review →Feature Comparison
| Feature | Augur | PredictIt |
|---|---|---|
| Settlement Mechanism | REP token oracle + dispute | Platform resolution |
| Trading Model | AMM + order book | Order book (capped) |
| Collateral Token | DAI | USD |
| Min Trade | Gas cost minimum | $1 |
| Api Access | ✓ | ✓ |
| Embeddable Odds | ✗ | ✓ |
| Geo Restrictions | None | US-focused |
| Market Creation | Permissionless | Platform-approved |
| Mobile App | ✗ | ✓ |
| Governance Token | ✓ | ✗ |
Augur Pricing
Augur
Free (gas costs only)
Free
- ✓Permissionless markets
- ✓REP oracle resolution
- ✓Ethereum mainnet
- ✓Open protocol
- ✓DAI collateral
PredictIt Pricing
PredictIt
Free to trade (fees apply)
Free
- ✓Real USD markets
- ✓US political focus
- ✓5% profit fee + 5% withdrawal fee
- ✓Per-market position caps
- ✓Long historical record
Verdict: Which Should You Choose?
Augur is the better pick if you need pioneer protocol — foundational architecture reference for all modern prediction markets. PredictIt wins when long-running, widely-cited us political market. Both are production-ready — the right choice depends on your team's workflow and budget.