Degen blockchain, often referred to in the context of "degen" culture, is associated with decentralized finance (DeFi) and the speculative nature of cryptocurrency investments. The term "degen" is short for "degenerate," and it describes traders or investors who engage in high-risk trading strategies, often in pursuit of quick profits.

Degen blockchains typically focus on providing platforms for experimental projects, meme coins, and yield farming opportunities that may not have strong fundamentals but attract attention due to potential high returns. These projects can be highly volatile, and while they can offer significant rewards, they also come with a high risk of loss.

Key concepts related to degen blockchains include:

1. Yield Farming: Users provide liquidity to a platform and earn rewards, often in the form of tokens, for doing so.
2. Meme Coins: Cryptocurrencies that gain popularity through social media and community engagement rather than intrinsic value.