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/Sounds like "DEH" (as in "debt") + "hehn" (as in "help")/

Meaning

From the English "degenerate," someone who recklessly throws money into high-risk crypto trades or bets purely for the adrenaline rush, no research involved. Often used with ironic pride in crypto communities.

Examples

He put everything into a random memecoin, total degen move.

Degens don't read anything, they just ape in.

Regional synonyms

An exclamation of surprise, disbelief, or frustration that comes out when something seems absurd or unbelievable. The gut reaction to something so unexpected your brain can only produce those two words.