Omen review

Decentralised prediction market on Gnosis Chain using automated market makers.

3.4 / 5Status unknown

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Omen at a glance

Platform type

Crypto Prediction Market

Markets

Politics, Crypto, World Events, Technology

Funding

Crypto

Currencies

DAI, xDAI

Founded

2020

Headquarters

Remote

KYC

Not required

Minimum age

18

Our Omen review

Omen is one of the original decentralised prediction markets and still runs, which is rare. Anyone can create a market, and resolution goes through a crowd-sourced oracle with an escalation process. Volume is low today, so it is more interesting as infrastructure than as a place to get size filled.

What you can predict

PoliticsCryptoWorld EventsTechnology

How it works

Markets use an automated market maker, so you always trade against a pool rather than waiting for a counterparty. Resolution comes from the Reality.eth oracle, with a bonded dispute process.

Liquidity and market depth

Low. Most markets carry small pools.

Fees

Trading fees

AMM fee per trade

Deposit fees

Gnosis Chain gas (negligible)

Withdrawal fees

Gnosis Chain gas

Settlement fees

Not confirmed

Network fees

Not confirmed

Other

Not confirmed

Deposits and withdrawals

Methods

xDAI, DAI bridged to Gnosis Chain

Minimum deposit

No minimum

Minimum withdrawal

Not confirmed

Deposit time

Not confirmed

Withdrawal time

Not confirmed

Withdrawal fees

Not confirmed

Mobile experience

iOS app

No

Android app

No

Mobile web

Yes

Mobile web with wallet connect.

Where is Omen available?

Status is reviewed manually per country. Unknown means we have not confirmed it yet.

๐Ÿ‡ฆ๐Ÿ‡ท ArgentinaAvailable
๐Ÿ‡ฆ๐Ÿ‡บ AustraliaAvailable
๐Ÿ‡ง๐Ÿ‡ท BrazilAvailable
๐Ÿ‡จ๐Ÿ‡ฆ CanadaAvailable
๐Ÿ‡จ๐Ÿ‡ฑ ChileAvailable
๐Ÿ‡จ๐Ÿ‡ด ColombiaAvailable
๐Ÿ‡ช๐Ÿ‡ฌ EgyptNot available
๐Ÿ‡ซ๐Ÿ‡ท FranceNot available
๐Ÿ‡ฉ๐Ÿ‡ช GermanyAvailable
๐Ÿ‡ฌ๐Ÿ‡ญ GhanaAvailable
๐Ÿ‡ฎ๐Ÿ‡ณ IndiaAvailable
๐Ÿ‡ฎ๐Ÿ‡ฉ IndonesiaNot available
๐Ÿ‡ฎ๐Ÿ‡ช IrelandAvailable
๐Ÿ‡ฎ๐Ÿ‡น ItalyAvailable
๐Ÿ‡ฏ๐Ÿ‡ต JapanNot available
๐Ÿ‡ฐ๐Ÿ‡ช KenyaAvailable
๐Ÿ‡ฒ๐Ÿ‡ฝ MexicoAvailable
๐Ÿ‡ณ๐Ÿ‡ฑ NetherlandsAvailable
๐Ÿ‡ณ๐Ÿ‡ฟ New ZealandAvailable
๐Ÿ‡ณ๐Ÿ‡ฌ NigeriaAvailable
๐Ÿ‡ณ๐Ÿ‡ด NorwayAvailable
๐Ÿ‡ต๐Ÿ‡ฐ PakistanNot available
๐Ÿ‡ต๐Ÿ‡ช PeruAvailable
๐Ÿ‡ต๐Ÿ‡ญ PhilippinesAvailable
๐Ÿ‡ต๐Ÿ‡ฑ PolandAvailable
๐Ÿ‡ต๐Ÿ‡น PortugalAvailable
๐Ÿ‡ธ๐Ÿ‡ฌ SingaporeNot available
๐Ÿ‡ฟ๐Ÿ‡ฆ South AfricaAvailable
๐Ÿ‡ฐ๐Ÿ‡ท South KoreaNot available
๐Ÿ‡ช๐Ÿ‡ธ SpainAvailable
๐Ÿ‡ธ๐Ÿ‡ช SwedenAvailable
๐Ÿ‡จ๐Ÿ‡ญ SwitzerlandAvailable
๐Ÿ‡น๐Ÿ‡ฟ TanzaniaAvailable
๐Ÿ‡น๐Ÿ‡ญ ThailandNot available
๐Ÿ‡น๐Ÿ‡ท TurkeyNot available
๐Ÿ‡บ๐Ÿ‡ฌ UgandaAvailable
๐Ÿ‡ฆ๐Ÿ‡ช United Arab EmiratesAvailable
๐Ÿ‡ฌ๐Ÿ‡ง United KingdomNot available
๐Ÿ‡บ๐Ÿ‡ธ United StatesNot available
๐Ÿ‡ป๐Ÿ‡ณ VietnamNot available

Regulation and company

Operator

Gnosis / DXdao

Parent company

Gnosis

Regulator

Unregulated

Licence

None

Fully decentralised protocol with no operator licence; front ends may restrict access by region.

Settlement and dispute resolution

Reality.eth oracle resolution with a bonded challenge period, then on-chain redemption.

Customer support

ForumDiscord

Hours

Community only

Community forums and documentation.

Pros

  • โœ“Fully decentralised and permissionless
  • โœ“Anyone can create a market
  • โœ“Near-zero transaction costs

Cons

  • โœ•Very low liquidity
  • โœ•Dispute windows delay payouts
  • โœ•Requires bridging to Gnosis Chain

Similar sites available in your country

We have not confirmed alternatives for this country yet.

Omen FAQs

Who resolves Omen markets?

The Reality.eth oracle, with a bonded dispute process anyone can join.

Can I create my own market?

Yes, Omen is permissionless.