Market Data
About DEGEN
DEGEN is a community-driven reward and utility token originally launched on the decentralized social network Farcaster, where it serves as a mechanism for tipping high-quality content creators. Emerging from meme culture, the asset has evolved into a central utility and gas token for Degen Chain, a Layer 3 (L3) blockchain built on Base. DEGEN powers an ecosystem of decentralized applications (dApps) and social experiences, bridging social engagement with blockchain infrastructure. Initially distributed through airdrops to active participants in the Farcaster 'degen' channel, the token has gained significant traction among developers and crypto enthusiasts as a social-economic layer within the Base ecosystem.
Developer & Community
Recent DEGEN news
See all →More Arbitrum Ecosystem assets
See all →Decentralized lending platform
RAIN is the native utility and governance token for the Rain Protocol, a decentralized options and prediction market pla…
Oracle infrastructure
ETH based delta-neutral stablecoin
PayPal USD (PYUSD) is a US dollar-denominated stablecoin designed to bridge traditional finance with blockchain technolo…
Ondo US Dollar Yield (USDY) is a tokenized note secured by short-term US Treasuries and bank demand deposits. It is a se…
DOT is the native utility and governance token of the Polkadot network, a scalable heterogeneous multi-chain platform th…
Decentralized trading protocol