What DeGate governs
DeGate (DG) is a DeFi protocol governance token, currently ranked 577th by market capitalization among the assets we track. Rather than being money itself, DeGate is a claim on a financial protocol. Its worth tracks the fees, liquidity, and usage of the application beneath it far more than any monetary narrative.
DeGate (DG) is a decentralized exchange (DEX) that aims to provide a secure and user-friendly trading experience for cryptocurrencies. It utilizes a unique model to enhance liquidity and reduce trading fees.
How value is supposed to accrue
DeFi tokens are worth something when the protocol generates fees and routes value to holders — through revenue share, buybacks, or governance over a real treasury. Without that link, a governance token is just a vote.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Layer 2 (L2), and Zero Knowledge (ZK).
Where DeGate sits in the market
At $0.0525, DeGate carries a market capitalization of $20.35M. Around $12.67K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.06% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Almost the entire DG supply is already in circulation (~100.0% of the 1B cap), so future dilution is effectively off the table. DG remains -82% beneath its all-time high of $0.2907, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 7-day +3.80%, 30-day +3.28%, 1-year +3.79%.
Volatility profile
Recent action puts DeGate in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals +3.28%, a useful input for stop placement and position sizing.
How to evaluate a DeFi token like DeGate
The honest checklist for DG is short:
- Protocol revenue — fees the application actually earns, and whether any of it reaches DG holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether DG is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.