Polymarket vs Augur
A detailed head-to-head comparison of Polymarket and Augur — pricing, features, and which one wins for different use cases.
Polymarket
The world's largest decentralized prediction market for elections, crypto, sports, and world events
Polymarket is the dominant decentralized prediction market platform, running on Polygon and processing hundreds of millions of dollars in trading volume during major events like US presidential electi…
Full review →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 →Feature Comparison
| Feature | Polymarket | Augur |
|---|---|---|
| Settlement Mechanism | UMA optimistic oracle | REP token oracle + dispute |
| Trading Model | CLOB | AMM + order book |
| Collateral Token | USDC | DAI |
| Min Trade | $1 | Gas cost minimum |
| Api Access | ✓ | ✓ |
| Embeddable Odds | ✓ | ✗ |
| Geo Restrictions | US persons blocked | None |
| Market Creation | Permissioned | Permissionless |
| Mobile App | ✗ | ✗ |
| Governance Token | ✗ | ✓ |
Polymarket Pricing
Polymarket
Free to trade
Free
- ✓USDC-denominated
- ✓Polygon network
- ✓Real-time CLOB
- ✓API access
- ✓Thousands of markets
Augur Pricing
Augur
Free (gas costs only)
Free
- ✓Permissionless markets
- ✓REP oracle resolution
- ✓Ethereum mainnet
- ✓Open protocol
- ✓DAI collateral
Verdict: Which Should You Choose?
Polymarket is the better pick if you need largest prediction market by volume — most accurate probabilities for major events. Augur wins when pioneer protocol — foundational architecture reference for all modern prediction markets. Both are production-ready — the right choice depends on your team's workflow and budget.