Degen Bridge
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Protocol TVL
About Degen Bridge
The Degen chain uses $degen as its native gas token (instead of ETH), so to use the chain you’ll have to bridge to $degen tokens on Degen Chain to get started.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Protocol Profile
Degen Bridge is a Canonical Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed on Base.
TVL Distribution by Chain
Supported Chains
Official Resources & Links
Verified external resources for Degen Bridge — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Canonical Bridge protocols on Mantapex
Degen Bridge is one of 7 Canonical Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Arbitrum Bridge, Base Bridge, Optimism Bridge, and 3 more. These peer protocols collectively secure $8.1B in deposits, giving you a frame of reference for whether Degen Bridge's own TVL is at the top, middle, or tail of the category.
Recent Degen Bridge news
Latest reporting from major crypto news outlets covering Degen Bridge.
- Cointelegraph
Degen Chain user loses 90% funds during bridge transfer
A bug on Degen Chain's service providers leads to significant user fund loss, sparking criticism on the layer 3 ecosystem.
- Coinspeaker
User of Degen Chain Lost 90% of Funds in Bridge Transfer to Base
Despite attributing the bug to its service providers, Degen Chain acknowledged its own responsibility for not proactively changing providers or requesting a fix.
- Cryptopolitan
DEGEN tokens may have to relaunch on a new chain as ConduitXYZ holds bridge keys hostage
Degen (DEGEN) may relaunch its L3 chain anew, as the ConduitXYZ service provider has offered unacceptable terms for offboarding.
- Crypto Economy
Massive Loss on Degen Chain: User Loses 90% of Funds in Cross-Chain Disaster
TL;DR User Loss: A Degen Chain user lost 90% of their funds (785,000 DEGEN tokens) during a bridge transfer to Ethereum's Base due to an internal bug. Liquidity Mismatch: The…
- CryptoSlate
Degen Chain restarts after two-day outage, still stabilizing infrastructure
Degen Chain, an Ethereum layer-3 blockchain, has resumed operations two days after halting block validation. The pause, which began on May 12, rendered several decentralized…
- Decrypt
Morning Minute: VanEck Leans Into 'Degen' Culture with New ETF
A basket of assets built around millennial finance, the gig economy and digital gambling has been built into this degen index.
- Coincu
VanEck Renames Gaming ETF to Focus on “Degen Economy” Sector
VanEck announced that it will rename its Gaming ETF to the “VanEck Degen Economy ETF” in 2026. The move reflects the fund's shift in focus to the growing digital economy.
- Bitcoinist
Best Meme Coins Live News Today: Latest Degen Alpha & Market Updates (November 18)
Get Early Alpha with Our Immediate Analysis of Today's Best Meme Coins Check out our Live Update Coverage on the Best Meme Coins for November 18, 2025! Meme coins are the…
Related protocols
Other DeFi protocols connected to Degen Bridge by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Canonical Bridge protocols
Top protocols on Base
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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