Open interest on Augur prediction markets passes $1M

advertisement

On Thursday, open interest on Augur's prediction market passed $1M, according to The Block's data dashboard.

Open interest activity appears to be fueled by the growing U.S. presidential election markets on Augur in addition to new user-friendly trading interfaces like Catnip.Exchange popping up. The second version of Augur was launched on July 28, 2020, with limited fanfare due to the high-friction user-onboarding process. Soon after launch, the Augur team executed a "v2 Redo" release to address issues found in the initial launch.

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

Layer-1 Platforms: A Framework for Comparison

The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
Read Full Story
Aug 11, 2021, 5:18PM UTC
More