Augur

Augur

Decentralized prediction market protocol enabling anyone to create and trade on the outcomes of real-world events using Ethereum

Launch Year
2018
Consensus
Proof of Stake (Ethereum)
Max Supply
11,000,000 REP
Block Time
~12 seconds (Ethereum)
REP
REP
Augur
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Augur Price Chart

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About Augur

Augur is a decentralized prediction market protocol built on Ethereum that allows anyone to create markets around the outcome of real-world events. Users can trade outcome shares, with market prices reflecting collective probability estimates. REP (Reputation) is the native token used by 'reporters' who stake REP to resolve market outcomes correctly. False reporters lose REP while honest reporters earn fees. Augur v1 launched in 2018 after a lengthy development period, followed by v2 with improvements including DAI integration and dispute resolution upgrades.

History

2015
Augur ICO raises $5.3M; development begins on Ethereum prediction market
2018
Augur v1 mainnet launches after years of development
2020
Augur v2 launches with DAI integration, improved fee structure, and fork resolution
2021
Augur Turbo launches as a simplified prediction market product
2023
Augur remains a reference implementation for decentralized prediction markets

How to Swap REP

Exchanging Augur (REP) on SyntheticSwap is straightforward and requires no registration or identity verification. REP is an ERC-20 token built on Ethereum, so you can use MetaMask, Coinbase Wallet, Trust Wallet, or any other Ethereum-compatible wallet to send and receive it. Select REP in the SyntheticSwap interface, choose your destination coin, enter a receiving address, and confirm the rate. Your swap processes automatically — the destination token arrives in your wallet once the Ethereum transaction is confirmed.

How to Store REP

Store REP in any Ethereum-compatible wallet such as MetaMask, Ledger, or Trezor. REP is an ERC-20 token and works with any wallet supporting Ethereum assets.

Frequently Asked Questions