{
  "url": "https://blockindex.ai/coin/degen",
  "name": "Degen",
  "links": {
    "github": null,
    "website": "https://www.degen.tips/",
    "whitepaper": null
  },
  "dScore": 43,
  "market": {
    "priceUsd": 0.001591493352439259,
    "marketCapUsd": 37280148.04899786,
    "volume24hUsd": 5320218.40277838,
    "priceChange7dPct": -6.98298737,
    "priceChange24hPct": 6.05634083
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 36963632968.517365,
    "circulating": 23424633217.511787,
    "circulatingPct": 63.37210749133614
  },
  "ticker": "DEGEN",
  "founder": "Jacek",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:31.044612+00:00",
  "fairLaunch": false,
  "launchYear": 2024,
  "description": "Degen is an innovative meme cryptocurrency thriving within the Base ecosystem. It began as a tipping token on the Farcaster platform, quickly evolving into a prominent meme coin with a strong community-driven nature. By incorporating fun and finance, Degen encourages decentralized participation and fosters creativity among its users. Operating as a layer-3 token on the Base chain, it is optimized with Arbitrum technology for high throughput and efficiency. Community-centric features and participatory governance are core to its architecture, emphasizing community proposals and voting for decision-making. The token boasts a large supply, with a significant portion already circulating after an initial airdrop. Its monetary policy is designed to support long-term sustainability and growth, with underlying support from the Ethereum PoS mechanism inherited through Base. Degen's market presence is notable, with listings on major exchanges and a robust trading volume that underscores its popularity beyond meme culture. Its development roadmap focuses on expanding the project's ecosystem and application, reinforcing it as a cultural icon in crypto.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "N/A",
    "parentChain": "Base"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 7,
    "governance": 11,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}