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Degen

Layer-3 · Rewards
DEGEN#621Mcap $24.16M
$0.00106324hLast close

Performance

Cycle lowCycle rangeAll-time high
$0.000609$0.0624
All-time high$0.0624−98.5% · Mar 31, 2024
Cycle low$0.000609+49.8% · Feb 24, 2026
Volatility (30D)60.0%
Volatility (1Y)125.4%
Sharpe ratio (1Y)-0.01
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Converter

At the live price.

Metrics

Market
Market cap$24.16M
Fully diluted value$32.76M
Volume (24h)$3.19M
Circulating supply35.89B DEGEN
Max supply35.89B DEGEN
Mcap / FDV73.7%
Dominance0.001%
Turnover (24h)56.52%
Rank#621
Sector rank#15 · Scaling Solutions
Trading
Markets48
Exchanges36
Trading sinceApr 21, 2023

Derivatives

Open interest$7.24M
Funding (OI-weighted)-0.0031%
Funding (volume-weighted)-0.0003%
Futures volume (24h)$21.56M
Futures trades (24h)174,013

Liquidity

Buy depth (−2%)$55.2K
Sell depth (+2%)$52.8K
Spot pairs counted30
Order-book depth within 2% of the price, summed across spot pairs.

Classification

SectorNetworks
Sub-sectorLayer-3
EcosystemArbitrum
NetworksRobinhood Chain · Base · Arbitrum · Ethereum · Solana

Recent events

Named holder entered the top 1000 · OKX 153Nov 5, 2026
Named holder entered the top 1000 · OKXNov 5, 2026
Named holder entered the top 1000 · SearcherStrategyExecutorNov 4, 2026
Named holder entered the top 1000 · Beefy FinanceNov 4, 2026
Named holder entered the top 1000 · GateNov 4, 2026
Named holder entered the top 100 · Revolut 3Nov 2, 2026
Named holder entered the top 1000 · RevolutOct 27, 2026
Named holder entered the top 1000 · SearcherStrategyExecutorOct 21, 2026

Social activity

Accounts mentioning it
24h5
7 days18
30 days96
Share of voice0.05%
Share-of-voice rank#360

Links

WebsiteWebsite
ResourcesGithub
SocialTelegramX
ContentBlog
GovernanceForum

Contracts

Base1.2M0x4ed4…efefed

Top markets

Supply

100.0% in circulationmax 35,891,197,361
Circulating supply35,891,197,361 DEGEN
Total supply35,891,197,361 DEGEN

Latest news

Key facts

LaunchedApr 21, 2023
CategoryNetworks
SectorScaling Solutions
TagsLayer-3Rewards

Degen in numbers

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.

Timeline

Apr 21, 2023
Started trading
Mar 31, 2024
All-time high at $0.0624045
Feb 24, 2026
Cycle low at $0.000609158

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