What Augur does

Augur is a decentralized prediction market and oracle protocol built on Ethereum, founded in 2015 and operated by the Lituus Foundation, a Delaware-incorporated non-profit that assumed stewardship of the treasury in March 2025. The protocol enables permissionless creation and trading of prediction markets on real-world events, with outcomes resolved through a cryptoeconomic dispute mechanism rather than trusted intermediaries. REP, the protocol's native token, is staked by reporters who back competing outcomes; disputes escalate through a doubling-bond escalation game that culminates in an algorithmic fork at a 275,000 REP threshold, splitting the system into parallel outcome-specific universes. The protocol currently holds approximately 8% of DeFi prediction market total value locked as of November 2025.

The protocol's core security architecture is the algorithmic fork backstop: attackers must sacrifice REP worth more than the open interest at stake to manipulate outcomes, making attacks economically irrational. In April 2026, Augur executed its first live algorithmic fork — the "Moon Fork" — triggered by community member Micah Zoltu over a dispute on the Artemis II mission launch, progressing through an 8-round Escalation Game (April–May 2026) and a two-month REP Migration Window starting June 2026. Two independent development teams operate under Lituus Foundation funding: Lituus Labs is building Augur Lituus, a modular, cross-chain generalized oracle introduced via a 20-page whitepaper in January 2026 proposing a Price-Based-Mintable-Forking design, while Dark Florists maintains AugurCP for Ethereum Mainnet (development paused after a game-theoretic vulnerability was discovered in v2).

Augur operates as a permissionless decentralized protocol rather than a traditional revenue-generating company. The Lituus Foundation is a non-profit without payment processing, user accounts, or login functionality on its informational website. Revenue mechanics in principle consist of transaction fees on prediction market trading, with a proposed usage-based fee model for Augur Lituus oracle queries from EVM-compatible chains; neither has produced disclosed, recurring revenue at the Foundation level. The Foundation has expanded its REP holdings to approximately 1 million tokens and seeded a $100k Uniswap v3 pool, while REPV1 and REPV2 trade on Kraken and Uniswap. Operational scope is global excluding OFAC-sanctioned jurisdictions. Note: input data also references a separately incorporated London-based resilience technology startup sharing the Augur name — founded 2024, ~30 staff, $15M seed led by Plural — operating an AI-driven surveillance platform for European critical infrastructure; this is a separate legal entity and is treated as conflated data rather than part of the blockchain protocol.

Name

Augur

Legal name

Lituus Foundation

Website

https://augur.net

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Augur is a decentralized prediction market and oracle protocol on Ethereum, operated by the Lituus Foundation. It uses REP token staking and an algorithmic forking mechanism to resolve real-world events trustlessly, serving crypto-native traders, DeFi protocols, and proposed cross-chain application developers via permissionless infrastructure.

Ownership category

akta.pro rank

Product category

Decentralized Oracle and Prediction Market Protocol

NAICS

Commodity Contracts Intermediation (523160), Securities and Commodity Exchanges (523210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Oracle Networks & Off-Chain Data (price feeds, randomness, attestation) (FSAPABAE)

Keywords

• Decentralized oracle protocol
• Prediction market platform
• Blockchain governance
• REP token economy
• Algorithmic fork mechanism

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales

Revenue model

1. Prediction Market Trading Fees: The Augur blockchain protocol enables users to create and trade on prediction markets. Revenue is generated through fees on trading activity within the decentralized platform.
2. Enterprise Security Platform Licensing: The London-based AI security startup generates revenue by licensing its platform to governments, infrastructure operators, and venue managers for deployment across European critical infrastructure sites.
3. Oracle Query Fees: Future Augur Lituus oracle will charge fees for any third party to submit questions and receive decentralized resolution, turning the oracle into modular infrastructure-as-a-service.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Augur is an open-source, decentralized prediction market and oracle protocol built on Ethereum that lets anyone create and trade on markets resolving real-world events without a centralized intermediary. Outcomes are settled through an REP-token-staked escalation game, with an algorithmic fork mechanism as the ultimate backstop that economically forces truth by forcing attackers to sacrifice more value than the open interest at stake. The protocol is stewarded by the Lituus Foundation, which operates the codebase and supports two parallel development tracks (AugurCP for consumer markets and Augur Lituus for cross-chain enterprise oracle infrastructure).

Product overview

Augur is a decentralized oracle and prediction market platform. The core Augur Protocol provides trustless, censorship-resistant oracle resolution using the REP token for dispute settlement through an escalation game and fork mechanism. Augur Lituus is a proposed modular, cross-chain oracle-as-a-service designed to serve as infrastructure for external protocols. The ecosystem includes two parallel development tracks: AugurCP (Ethereum Mainnet by Dark Florists) and Augur Lituus (generalized oracle by Lituus Labs). The REP token serves as both governance and security mechanism.

Differentiator

Problem solved

Functional benefit

Products and services

• Augur Protocol A decentralized oracle system enabling permissionless prediction markets where real-world outcomes are resolved through an open economic incentive mechanism rather than trusted intermediaries. The protocol runs on Ethereum and is stewarded by the Lituus Foundation for crypto-native users who want to create and trade markets on any topic.
• Augur Lituus A proposed modular, cross-chain oracle infrastructure designed as a shared resolution layer for prediction markets, DeFi protocols, and cross-chain systems. Augur Lituus generalizes the Augur oracle as a service that any well-specified question can be submitted to for decentralized, cryptoeconomically secured resolution, with queries originating from any EVM-compatible chain.
• REP Token Augur's governance and security token used by REP holders to report on outcomes and settle disputes through the escalation game. REP is staked against outcomes with dishonest positions losing capital and honest positions profiting, and is explicitly an active participation asset rather than a passive holding.
• Augur Fork Mechanism The protocol's final backstop security mechanism. When disputes escalate past the REP stake threshold (275,000 REP), the system splits into parallel universes for each competing outcome, requiring all REP holders to migrate their tokens to the universe they consider truthful. Attackers must sacrifice more REP value than the vulnerable open interest, making manipulation economically irrational.
• AugurCP An Ethereum Mainnet deployment for consumer-facing prediction markets led by the Dark Florists team as part of Augur's revival under the Lituus Foundation. AugurCP focuses on alternative oracle structures, user-facing applications, and incentive models aimed at B2C consumer prediction market use cases.

Quantifiable outcome

• Attackers face unrecoverable economic loss when attempting to manipulate oracle outcomes - attack only viable if vulnerable open interest exceeds sacrificed REP value
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• Lituus LabscoreStrategic or Co-development PartnerCore development team focused on oracle architecture, cryptoeconomic security, and protocol design. Currently developing Augur Lituus, a generalized cross-chain oracle infrastructure. Led by one of the two teams funded by Lituus Foundation.
• Dark FloristscoreStrategic or Co-development PartnerCore development team focused on alternative oracle structures, user-facing applications, and incentive models. Led by well-known builders in the space with full autonomy over their development track, building AugurCP for Ethereum Mainnet.
• Micah ZoltusupportingStrategic or Co-development PartnerCommunity member and current Augur developer who independently launched crowdsourcer to trigger the first algorithmic fork in crypto as a live test of Augur's security mechanism. Fully aligned with Foundation and continues active development.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Polymarket: The dominant crypto-native prediction market platform. Directly comparable to Augur's core consumer-facing prediction-market product and the principal share donor behind Augur's limited ~8% TVL position.
• Zeitgeist: Polkadot-based decentralized prediction market protocol. Compares as an alternative on-chain prediction-market platform targeting similar event-outcome use cases as Augur.
• Azuro Protocol: Decentralized prediction-market and betting infrastructure protocol. Compares to Augur as an on-chain venue for event outcomes with similar consumer-facing use cases.
• UMA Protocol: Optimistic oracle powering Polymarket and other prediction markets. Comparable as a decentralized truth-resolution layer for prediction markets and DeFi — directly competes with Augur's oracle thesis.
• Omen (Gnosis): Prediction market built on Gnosis. Directly comparable decentralized prediction-market product offering similar functionality to Augur's consumer markets.

Emerging players

• Kleros: Decentralized court and oracle using token-staked juror voting. Compares as an alternative dispute-resolution mechanism that overlaps with Augur's oracle problem-solving scope.
• API3: First-party oracle network using dAPI. Comparable as alternative oracle infrastructure targeting DeFi and cross-chain applications, overlapping with Augur Lituus's intended addressable market.
• Tellor: Decentralized oracle using staked reporters and disputes. Compares as a smaller, crypto-native oracle network with overlapping use cases in DeFi truth resolution.

Broad incumbents

• Pyth Network: High-frequency oracle network focused on market price feeds. Comparable as a competing oracle infrastructure provider serving DeFi, though focused on financial price data rather than event resolution.
• Chainlink: The dominant oracle network in DeFi. Comparable as oracle infrastructure for off-chain data, but operates centralized node networks rather than Augur's cryptoeconomic-fork approach — broad incumbent rather than direct competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/augurproject
• GitHubgithub.com/AugurProject
• LinkedInlinkedin.com/company/augur-net

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Augur