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Degen

A crypto risk-taker who dives into speculative trades, often with more enthusiasm than research.

PLAIN-ENGLISH DEFINITION

In more detail

Short for degenerate, degen can be a criticism or a badge people wear with a wink. In crypto chat it often means chasing fresh tokens, risky DeFi plays or whatever the group is excited about. Someone calling themselves a degen is describing their attitude, not proving they know where prices are headed.

IN THE WILD

How you might use it

Buying that token after seeing one meme was a proper degen move. I hadn't even read the docs.

Degen: a faceted lilac glass figure leans forward on a precarious tilting beam over a dark gap. Text: High risk. Low restraint.
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WORD NOTES
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Degenerate

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By Crypto Dictionary · Published · Updated

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