Precog logo

permissionless on-chain automated-market-maker prediction protocol

Precog prediction market review

Precog venue profile covering supported structured facts, market mechanics, eligibility unknowns, fees, custody, settlement, limitations, and checks.

LiveBase

Reviewed 2026-08-10 · Informational profile · Not an endorsement

Platform facts

Status hint
Live
Venue type
permissionless on-chain automated-market-maker prediction protocol
Outcome types
binary, categorical
Chains
Base
Mechanisms
lmsr(amm)
Last reviewed
2026-08-10

Wallet-based protocol access on Base and Arbitrum; no official country list was found.

Wallet-based protocol access on Base and Arbitrum; no official country list was found.

Overview

At a high level, Precog is a permissionless on-chain automated-market-maker prediction protocol. Listed outcome formats are binary and categorical, with Base supplied as the chain or hosting context; neither field answers questions about execution quality. The venue entered this dataset with a live status hint rather than a continuously monitored uptime claim. The retained research status reads "live": The official app publishes Base and Arbitrum market and launchpad routes.

Use https://core.precog.market/ to confirm Precog's current terms and product surface. Names can be reused, redirects can change, and third-party summaries can become stale. The claims below remain limited to what the cited material supports.

Precog should be researched from its literal fact set—binary and categorical outcomes, lmsr(amm) mechanics, and Base. These labels are useful for discovery while remaining insufficient for financial, legal, or security conclusions. The resulting profile favors a smaller defensible claim set over apparent completeness.

Access and eligibility

Access is an unresolved field for Precog, not an assumption of global availability. Registration and trading permissions can differ, and both can change after regulatory or product updates. Research summary: Wallet-based protocol access on Base and Arbitrum; no official country list was found.

For Precog, status and eligibility are distinct questions. The live hint says nothing definitive about a specific reader's legal or operational access. KYC summary: No KYC is described for direct protocol use.

Markets and mechanics

Precog is associated with binary and categorical outcome formats and mechanism labels of lmsr(amm). These classifications do not establish its order types, price formula, collateral, leverage, or market-creation policy.

Before using Precog, compare the displayed quote with available size and the complete resolution specification. Neither a probability-like number nor a category label guarantees executable value. Settlement and resolution summary: Reality.eth accepts bonded answers and challenges; unresolved disputes escalate to Kleros arbitration. Timers and criteria are market-specific.

Fees, KYC and custody

Fee evidence is available for Precog, but users should calculate total execution, funding, conversion, gas, and withdrawal cost for their exact workflow. Retained fee evidence: Buying has no protocol fee. Selling may carry a creator-set fee shown before confirmation.

The retained material gives a custody outline for Precog, which should be reconciled with current contracts, wallet permissions, and withdrawal documentation. Retained custody evidence: Non-custodial; outcome shares are ERC-20 tokens held in the user's wallet.

Risks and verification

Risk review for Precog should include market loss, thin depth, disputed resolution, account interruption, smart-contract or counterparty failure, and changing legal treatment. The live label is not a safety rating. Documented limitations include: Sell fees vary by market, Disputes can delay payout, and Creator-written criteria can be ambiguous.

Precog's cited source is https://core.precog.market/. Compare every material statement here with current primary documentation and regard silence about fees, custody, or eligibility as unresolved—not favorable evidence. Priority evaluation checks include: official identity: pass — App and documentation cross-reference the Precog protocol., operational status: pass — Official app exposes market and launchpad routes., access disclosure: partial — Chains and wallet model are documented; regions are not., and cost disclosure: pass — Buy and conditional sell fees are documented..

Known details and open questions

KYC

No KYC is described for direct protocol use.

Fees

Buying has no protocol fee. Selling may carry a creator-set fee shown before confirmation.

Custody

Non-custodial; outcome shares are ERC-20 tokens held in the user's wallet.

Settlement

Reality.eth accepts bonded answers and challenges; unresolved disputes escalate to Kleros arbitration. Timers and criteria are market-specific.

Strengths

  • Non-custodial outcome tokens
  • Documented two-layer dispute process
  • Permissionless market creation on two chains

Limitations

  • Sell fees vary by market
  • Disputes can delay payout
  • Creator-written criteria can be ambiguous

How to evaluate Precog

  • official identity: pass — App and documentation cross-reference the Precog protocol.
  • operational status: pass — Official app exposes market and launchpad routes.
  • access disclosure: partial — Chains and wallet model are documented; regions are not.
  • cost disclosure: pass — Buy and conditional sell fees are documented.
  • resolution transparency: pass — Reality.eth challenge and Kleros escalation are explained.
  • Confirm that https://core.precog.market/ is the current official domain for Precog.
  • Compare the "live" hint with a dated official availability notice.
  • Read restricted-jurisdiction, age, sanctions, and account-eligibility terms.
  • Locate the complete fee schedule, including spreads, gas, deposits, and withdrawals.
  • Identify custody, collateral, wallet permissions, and the withdrawal process.
  • Verify how binary and categorical markets define evidence, cancellation, disputes, and settlement.
  • Confirm authentic contracts, assets, and network support for Base.

Official sources

Precog FAQs

What is Precog's current status?

The conservative status hint is "live" as reviewed on 2026-08-10. The retained status evidence says: The official app publishes Base and Arbitrum market and launchpad routes.

Which market formats are associated with Precog?

The supported structured facts list binary and categorical. This does not establish that every format is currently open to every user.

Does Precog require KYC and what are its fees?

KYC: No KYC is described for direct protocol use. Fees: Buying has no protocol fee. Selling may carry a creator-set fee shown before confirmation.

How does Precog handle custody and settlement?

Custody: Non-custodial; outcome shares are ERC-20 tokens held in the user's wallet. Settlement and resolution: Reality.eth accepts bonded answers and challenges; unresolved disputes escalate to Kleros arbitration. Timers and criteria are market-specific.

Where should Precog information be verified?

Use the cited primary website, https://core.precog.market/, and its linked legal and technical documentation.

Continue comparing platforms

Return to the directory to compare status hints, venue types, outcomes and chains across the full list.

Compare platform profiles

This profile is independent editorial research. It does not provide legal, investment or financial advice. Read the platform-directory methodology.