PLAIN ENGLISH
What does Degen mean?
Degen comes from degenerate and is commonly used as an identity rather than a literal insult. In crypto and gambling culture it describes people who knowingly spend time in high-risk, fast-moving markets and often embrace the chaos as part of the culture.
IN THE WILD
How people use it
Crypto, sports betting, prediction markets and online finance culture.
EXAMPLE“Only a degen would be checking fresh launches at 3 a.m.”
ALSO USED AS
degenerate · degens