Flipster

Degen

What Is a Degen

"Degen," short for "degenerate," is a term used in the cryptocurrency and finance communities to describe people who engage in high-risk, speculative trading and investments. Degens often participate in volatile markets, seeking quick profits with little regard for traditional risk management. Originally a negative term, it has been embraced by many in the crypto community as a badge of honor, symbolizing a bold and adventurous approach to investing.

Related content

  • Fren

    A slang term derived from "friend," used in crypto and online communities, referring to a close associate or a fellow community member.