Coins: 10053 Exchanges: 857 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Augur price

Augur Price (REP)

$4.31

12.07%
Rank #322

Augur Price Chart (REP/USD)

Last updated 29 Jun 2023, 05:30AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Upbit REP / KRW $5.89 0.07% $26,583,846
2 OKX REP / USDT $2.53 0.40% $5,068,964
3 Bibox REP / USDT $4.84 0.27% $3,301,295
4 Bithumb REP / KRW $5.83 1.71% $1,438,056
5 Coinsbit REP / USDT $9.00 0.31% $911,700
6 Bitvavo REP / EUR $1.57 0.44% $835,333
7 Binance REP / USDT $6.99 0.14% $419,990
8 CoinW REP / USDT $1.59 1.67% $373,204
9 Coinsbit REP / BTC $9.04 0.99% $223,170
10 Binance US REP / USD $5.34 0.75% $121,617
11 Digifinex REP / USDT $2.00 3.66% $113,572
12 Bitget REP / USDT $4.40 0.70% $109,281
13 Coinbase Exchange REP / USD $8.11 0.49% $92,371
14 P2PB2B REP / USDT $4.80 0.42% $48,332
15 BitMart REP / USDT $8.16 0.64% $45,654
16 LATOKEN REP / USDT $5.10 0.50% $40,885
17 LATOKEN REP / BTC $5.05 0.64% $37,195
18 Kraken REP / ETH $4.97 0.98% $32,061
19 Binance REP / BTC $7.07 0.30% $27,919
20 AEX REP / USDT $4.94 0.38% $22,421
21 Gate.io REP / USDT $4.35 3.24% $21,438
22 Kraken REP / EUR $6.60 0.03% $20,932
23 Crypto.com Exchange REP / USDT $5.06 0.01% $20,438
24 Coinbase Exchange REP / BTC $4.93 2.60% $14,300
25 P2PB2B REP / USD $4.79 0.42% $11,537
26 BitMart REP / BTC $5.33 0.66% $11,417
27 CoinEx REP / USDT $6.33 1.04% $10,662
28 Gate.io REP / ETH $4.26 3.48% $10,279
29 KuCoin REP / USDT $4.53 2.72% $9,382
30 Hotbit REP / USDT $4.89 1.43% $9,381
31 Hotbit REP / BTC $4.69 0.55% $6,292
32 CoinTiger REP / BTC $6.37 1.01% $6,038
33 Indodax REP / IDR $1.51 1.31% $4,719
34 TokoCrypto REP / BTC $7.40 0.17% $3,225
35 KuCoin REP / BTC $4.66 3.92% $3,016
36 Upbit REP / BTC $5.45 0.02% $2,967
37 Crypto.com Exchange REP / USD $8.08 0.20% $1,963
38 Coinfield REP / XRP $5.26 2.90% $1,490
39 Kraken REP / USD $6.93 1.56% $863
40 Nominex REP / BTC $7.38 0.37% $833
41 KuCoin REP / ETH $4.40 2.44% $575
42 WazirX REP / USDT $5.16 3.58% $569
43 Nominex REP / USDT $4.71 0.39% $441
44 TokoCrypto REP / USDT $4.77 0.42% $283
45 Bitfinex REP / USD $6.06 3.08% $107
46 Omgfin REP / USDT $6.59 0.99% $95,012
47 Omgfin REP / ETH $6.59 0.89% $91,876
48 Omgfin REP / BTC $6.59 0.37% $71,753
49 Binance US REP / BUSD $5.21 3.52% $6,659
50 ProBit Global REP / USDT $5.53 1.96% $391

REP Price Statistics

$4
24H Range
$5
  • Augur Price Now $4
  • 24h Low / 24h High $4 / $5
  • Trading Volume $322,899
  • Market Cap Rank #483
  • Market Cap $34,821,463
  • Volume / Market Cap 0.0093
  • All-Time High $342 -98.66%
    Feb 10, 2016
  • All-Time Low $0 0.00%
    Jan 22, 2016


Augur Cryptocurrency

Introduction

Augur is a decentralized cryptocurrency built on the Ethereum blockchain. Unlike traditional cryptocurrencies, Augur aims to create a prediction market platform where users can bet on real-world events and outcomes.

How Augur Works

Augur utilizes the concept of a decentralized oracle to obtain accurate information about real-world events. Anyone can become an oracle on the platform by staking Augur's native token, REP (Reputation). Oracles play a crucial role in reporting on the outcome of events and are rewarded with additional REP for their accurate reporting.

The Prediction Market

Augur's prediction market allows users to create and participate in markets related to various events such as sports, elections, or even the weather. Participants can buy shares in the outcome they believe will occur, with market prices representing the probabilities of different outcomes. If an outcome becomes more likely, the price of its corresponding share will increase. Users can trade these shares on the Augur platform.

Benefits of Augur

Augur offers several benefits compared to traditional prediction markets. Firstly, it operates on a decentralized platform, meaning there is no central authority that can manipulate or censor information. This makes Augur more resistant to manipulation and censorship. Additionally, the use of blockchain technology ensures transparency, as all transactions and market outcomes are recorded on the Ethereum blockchain.

Potential Risks

While Augur has many advantages, it also faces some potential risks. One concern is the accuracy of the information reported by oracles. Since anyone can become an oracle, there is a possibility of false reporting or biased information. Augur mitigates this risk by allowing users to challenge potentially inaccurate reports, but there is still a possibility of some inaccuracy.

Conclusion

Augur is an innovative cryptocurrency that aims to revolutionize the prediction market industry. By leveraging blockchain technology and a decentralized oracle system, Augur provides a platform for users to participate in prediction markets securely and transparently. While there are some risks associated with the accuracy of reported information, Augur is pioneering the way for decentralized prediction markets.