Degen ranks #621 by market capitalization, at $24.16M. It belongs to the Networks sector (Layer-3). It has traded since Apr 21, 2023, across 48 markets on 36 exchanges, with $3.19M of volume in the last 24 hours. Its all-time high of $0.0624045 was reached on Mar 31, 2024; the current price is 98.5% below that peak. Its cycle low of $0.000609158 came on Feb 24, 2026.
35.89B DEGEN are in circulation. On Base, 1.19M addresses hold DEGEN. It is available on 5 networks.
About Degen
Degen is a community-centered meme token used by the members of Farcaster’s “Warpcast,” a Web3 social media platform similar to “X” (formerly Twitter). Initially used to tip and reward subscribers of just the “/degen” channel on Warpcast, the DEGEN token has started to be used throughout the rest of the platform.
Warpcast users can tip other users for posting by commenting "[tip amount] $DEGEN” (e.g., "100 $DEGEN”) on a given post. Only users that have (i) linked a wallet to Warpcast, (ii) posted at least three original casts, and (ii) have a minimum of 10,000.00 DEGEN in the linked wallet are granted a daily tip allowance. Users that receive DEGEN tips can claim the tokens at the end of each month.