noun Internet Slang

degenerate

dih-JEN-er-it · noun · slang

Affectionate self-label for a reckless, gambling-minded WSB trader.

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Definitions

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A self-deprecating badge members wear proudly, framing themselves as reckless gamblers who treat the market like a casino. Often shortened to 'degen.'

“Only a degenerate buys 0DTE calls on a Friday afternoon — anyway, here's my position.”
by community
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degenerate In A Sentence

Only a degenerate buys 0DTE calls on a Friday afternoon — anyway, here's my position.

Origin & Usage

Self-applied identity on r/WallStreetBets embracing the gambling ethos of the subreddit.

Variants degen
Tags #finance#stocks#wsb#identity#gambling#self-deprecating

People Also Ask

What does 'degenerate' mean on WallStreetBets?

It's a self-deprecating badge of honor for a trader who treats the market like a casino, making reckless, gambling-style bets. It's usually worn with pride and often shortened to 'degen.'

Is calling someone a 'degenerate' an insult on WSB?

Not usually — within the community it's affectionate and self-applied, celebrating a shared gambling ethos. Outside that context the word does carry a more negative, judgmental meaning.

What's a 'degen' play?

A degen play is an especially reckless, high-risk trade — like buying options that expire the same day — made more for the thrill and the gamble than any careful strategy.

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