Decentralized apps like Augur and 0x are like lego blocks that developers can use to build anything they can imagine. So it’s no surprise that the world of open finance and decentralized tech is seeing a renaissance of developer activity. These are early days for Augur, but enterprising devs and entrepreneurs the world over have already started building all sorts of things on the prediction market protocol.
This guide will survey many of the D(Apps) and tools built on the Augur protocol. It’s intended both for Augur users, as well as anyone thinking of building something on or for the protocol.
Despite this early wave of dev activity, builders have likely just scraped the surface of what is possible, and there is much unexplored territory and potential for new projects. So at the end, we’ll point to some resources for any devs interested in joining the Augur ecosystem.
Overlays are public-facing UIs that let people trade in and interact with Augur markets. They are a critical piece of the ecosystem that help make Augur accessible to a wider audience and offer unique trading experiences tailored for different types of users. Overlays can be monetized via market creation profit, market making, customer acquisition and affiliate fees in Augur v2, or other mechanisms.
Guesser is a simple betting UI with European-style decimal odds. Guesser pools liquidity with Augur, meaning it shares order books with Augur UI. Guesser focuses on listing a small number of quality markets on sports, politics, asset prices, and entertainment. In April 2019, Guesser secured a round of seed founding with Version One, Compound and Boost VC.
Currently in Alpha, BlitzPredict is a decentralized betting exchange that also uses offchain trading with 0x. It features a UI similar to traditional betting exchanges with American style betting odds and a focus on sports and politics.
Flux offers markets on startup-related outcomes, including product release dates and investment rounds. Currently in Private Alpha, Flux was inspired by several issues with the status quo of startup speculation and investing: it’s generally closed off to all but VCs and Angels, it lacks transparency, and is prone to irrational discrepancies in valuations. Flux aspires to make this realm more transparent and open.
Veil, which priorly operated an Augur trading overlay, now offers a UI for creating markets on Augur and has open-sourced this tool. It lets users create draft markets and run them by others before activating them on Augur.
Tools that let users browse, explore, visualize, and crunch data on Augur activity have been a prolific area of development. Here are some of them…
Predictions.Global has been called “the CoinMarketCap for the Augur ecosystem,” since it is a popular and accessible tool for browsing Augur markets. It lets you sort Augur markets by most recently traded, liquidity, volume, money at stake, creation date, and expiration date. For each market, you can see current prices, volume, open interest, fees and much more. Predictions.Global was acquired by Veil in early 2019.
This data-rich explorer lets you track markets and sort them by liquidity, last traded, or volume. It also displays the most recent trades and a table with all accounts that have traded on Augur and their winnings (or losses), amount wagered, ROI, and number of trades.
This sleek panel created by analytics and data viz agency Curious Giraffe, visualizes Augur markets and usage. You can chart and track everything from the number of markets created and orders filled to levels of REP spent on disputes. Dappradar features similar data for Augur and other DApps.
If you love data as much as you love Augur, crystalball.be offers a cornucopia of charts and stats. It includes standard as well as more unique metrics like the rate of Invalid vs. Valid markets over time, the number of yes/no, categorical, and scalar markets and trends in market creation bonds.
Speculating on future crypto prices has been one of Augur’s most popular use cases so far. Augur Insider provides volatility KPIs and pricing and probability data for such markets, displaying deltas, gammas, thetas and other things that will look like Greek to you if you’re new to financial trading.
This simple explorer displays European-style decimal odds and the spread for Augur markets.
This comprehensive data source offers event logs for pretty much any event on Augur you can imagine, including market creation, trading and market finalization, order creation, disputes, participation token redemptions, forks, universe creation, and much more. It also indexes data for other DApps on Ethereum.
This leaderboard displays Augur traders (Ethereum addresses) by realized profits and number of trades. It also visualizes the distribution of winnings in a pie chart.
These calculators let users plug in custom inputs and obtain useful data to inform their Augur usage.
This resource lets users enter their perceived probability of an event occurring and of the respective Augur market resolving Invalid, and based on these inputs, calculates the maximum price at which they should pay for YES or NO shares.
This thorough tool tracks data on reporting fees and staking activity and lets one calculate potential profit from staking REP in the form of participation tokens.
STLD offers instant settlement for Augur markets, letting traders cash out their positions as soon as markets enter reporting. STLD will be active in v2 and let traders swap their shares for DAI to minimize capital lockup and Invalid resolution risk.
Pdot Index was borne out of an unusual question,
If we can track the performance of (and invest in) companies, why can’t we do the same for people?”
Pdot Index creates price-weighted indices that track the success of public figures like Ariana Grande and Lebron James. Each index is composed of Augur markets regarding those figures. For example, if Ariana’s odds of winning an MTV music reward or reaching a higher position on the Billboard charts go up, according to Augur markets, then her index will rise.
Reporters.Chat is a venue to discuss and track the status of Augur markets in reporting. Traders can hash out their views on market outcomes and sign their comments with their Ethereum address for added transparency. Reporting chatter also takes place on the Augur Discord.
Discord is a popular app in the crypto world. This Discord server has several channels that post whenever new markets are created, reported on, disputed, or resolved.
If you’re looking to use the Augur desktop app, rather than the web app or an overlay, Augur.today can be a big time-saver, offering a warp sync file that updates every 100 blocks and is ~99% synced at any given time.
Want to build something on Augur that you don't see here? Check out:
Augur Discord for a community of Augur devs and users where you can ask questions, get feedback or toss around ideas
Documentation for technical info
Github for Augur’s codebase
Predictions.market for an Augur node geared toward devs, hosted by Guesser