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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

A refrigerator in Argentina and Uruguay, the most important appliance in the house. Opening the heladera and staring into it without grabbing anything is a national pastime.