Convert and Swap Degis DEG to Euro EUR
DEG/EUR: 1 Degis equals €0.000089 EUR
Degis (DEG) is not tradable on Coinbase.
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Last update: 9:08 PM, January 23, 2025
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Degis is falling this week.
The current price of Degis is €0.000089 per DEG. With a circulating supply of 6,039,132 DEG, it means that Degis has a total market cap of €536.91. The amount of Degis traded has risen by €0.04 in the last 24 hours, which is a 622.00% increase. Additionally, in the last day, €0.01 worth of DEG has been traded.
About Degis
Degis (DEG) is a comprehensive protection protocol built on the Avalanche blockchain. It aims to create a decentralized protection ecosystem that leverages blockchain technology to streamline the traditional protection market. Degis strives to address the challenges of limited coverage areas, liquidity aggregation, and instant payouts in the existing market. The protocol allows users to protect themselves from various risks such as token price volatility, impermanent loss, wallet risks, and smart contract risks. Degis is designed with three main characteristics: to protect, to earn, and to play, incentivizing all contributors, whether they are buying or selling insurance, with Degis tokens.
Degis operates through smart contracts, which automate the roles traditionally played by sales associates in the protection market. The protocol allows anyone to act as a protection provider, covering others' risks without complicated verification and settlement procedures. Degis offers multiple coverages of on-chain and off-chain products, a concentrated pool to aggregate capital and liquidity, and a secondary market to promote circulation. It also incorporates NFT attributes and a lottery mechanism. The protocol uses its native token, DEG, to incentivize users' participation in the ecosystem.
Degis offers a wide range of potential use cases. It provides a platform for users to protect themselves against various risks associated with cryptocurrency, including token price volatility, impermanent loss, wallet risks, and smart contract risks. Users can also earn rewards by participating in the ecosystem, either by buying or selling insurance. Additionally, Degis introduces a novel concept of protection tokens, which can be traded freely in the market. These tokens represent homogenized events, the occurrence of which is related to objective external conditions rather than the identities of the contract parties.
The concept of Degis was born out of the need to address the challenges in the traditional protection market, such as cumbersome purchasing and complicated claims procedures. The protocol was developed on the Avalanche blockchain, aiming to leverage the technical advantages of blockchain and big data analysis to benefit each participant in the ecosystem. Since its inception, Degis has been working towards establishing a new paradigm for crypto insurance. The protocol's roadmap includes the launch of various protection products, the development of a Meta Market for trading on-chain protection products, and the introduction of community governance.
How Degis and Euro differ
Degis (DEG) and Euro (EUR) are two distinct entities operating in different spheres. Degis is a protection protocol built on the Avalanche blockchain, aiming to create a decentralized ecosystem that addresses challenges in the traditional protection market. It offers coverage for various risks such as token price volatility, impermanent loss, wallet risks, and smart contract risks. The protocol operates through smart contracts, allowing anyone to act as a protection provider without complicated verification and settlement procedures. It also incentivizes participation in the ecosystem with its native token, DEG. On the other hand, the Euro is a traditional fiat currency used by 19 of the 27 member states of the European Union. It is regulated by central banks and is used for everyday transactions, from buying groceries to paying bills. Unlike Degis, the Euro does not operate on a blockchain, nor does it offer protection against risks associated with cryptocurrency. It is not incentivized by a native token and does not utilize smart contracts.
Frequently asked questions
How much is 1 Degis in EUR?
Right now, 1 Degis is worth about €0.000089.
How much DEG could I buy for 1 EUR?
Based on the current rate, you could get 11,247.85 DEG for 1 EUR.
How do I calculate or convert DEG to EUR?
You can use our DEG to EUR calculator at the top of this page to convert any amount of DEG to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 56,239.23 DEG. Inversely, 5 DEG will cost about €0.000445
How can I buy 1 Degis on Coinbase?
Degis is not currently available through Coinbase, but you can sign up to get the latest news on Degis and be notified when it is available.
What are assets similar to Degis that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Degis, including SOLANA MEME TOKEN, Windfall Token, and Friend3. For a more robust list of assets to explore, jump to the asset page dedicated to Degis.
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A selection of other popular currency conversions of Degis to various fiat currencies.
DEG to Euro conversion tables
The exchange rate of Degis is increasing.
The current value of 1 DEG is €0.00 EUR. In other words, to buy 5 Degis, it would cost you €0.00 EUR. Inversely, €1.00 EUR would allow you to trade for 11,247.85 DEG while €50.00 EUR would convert to 562,392.31 DEG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.89%. Meanwhile, in the last 24 hours, the rate has changed by 0%, and that the the highest exchange rate of 1 DEG to Euro was €0.000566 EUR and the lowest 24 hour value was 1 DEG for €0.000089 EUR. This time last month, the value of 1 DEG was €0.00 EUR, which is a 9.31% decrease from where it is now. Looking back a year, Degis has changed by €0.01 EUR. That means that in a single year, the value of Degis has shrank by 98.89%.
DEG to EUR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
€0.000089 EUR | 0.00% | €0.000108 EUR | -16.89% | €0.000081 EUR | 9.31% | €0.0077 EUR | -98.89% |
DEG to EUR
Amount | Today at 9:08 pm |
|---|---|
0.5 DEG | €0.000044 |
1 DEG | €0.000089 |
5 DEG | €0.000445 |
10 DEG | €0.000889 |
50 DEG | €0.004445 |
100 DEG | €0.008891 |
500 DEG | €0.044453 |
1,000 DEG | €0.088906 |
EUR to DEG
Amount | Today at 9:08 pm |
|---|---|
0.5 EUR | 5,623.92 DEG |
1 EUR | 11,247.85 DEG |
5 EUR | 56,239.23 DEG |
10 EUR | 112,478.46 DEG |
50 EUR | 562,392.31 DEG |
100 EUR | 1,124,784.62 DEG |
500 EUR | 5,623,923.10 DEG |
1,000 EUR | 11,247,846.20 DEG |
Today vs. 24 hours ago
Amount | Today at 9:08 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 DEG | €0.000044 | €0.000044 | 0.00% |
1 DEG | €0.000089 | €0.000089 | 0.00% |
5 DEG | €0.000445 | €0.000445 | 0.00% |
10 DEG | €0.000889 | €0.000889 | 0.00% |
50 DEG | €0.0044 | €0.0044 | 0.00% |
100 DEG | €0.0089 | €0.0089 | 0.00% |
500 DEG | €0.0445 | €0.0445 | 0.00% |
1,000 DEG | €0.0889 | €0.0889 | 0.00% |
Today vs. 1 month ago
Amount | Today at 9:08 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 DEG | €0.000044 | €0.000041 | +9.31% |
1 DEG | €0.000089 | €0.000081 | +9.31% |
5 DEG | €0.000445 | €0.000407 | +9.31% |
10 DEG | €0.000889 | €0.000813 | +9.31% |
50 DEG | €0.0044 | €0.0041 | +9.31% |
100 DEG | €0.0089 | €0.0081 | +9.31% |
500 DEG | €0.0445 | €0.0407 | +9.31% |
1,000 DEG | €0.0889 | €0.0813 | +9.31% |
Today vs. 1 year ago
Amount | Today at 9:08 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 DEG | €0.000044 | €0.0040 | -98.89% |
1 DEG | €0.000089 | €0.0080 | -98.89% |
5 DEG | €0.000445 | €0.0401 | -98.89% |
10 DEG | €0.000889 | €0.0801 | -98.89% |
50 DEG | €0.0044 | €0.40 | -98.89% |
100 DEG | €0.0089 | €0.80 | -98.89% |
500 DEG | €0.0445 | €4.01 | -98.89% |
1,000 DEG | €0.0889 | €8.01 | -98.89% |
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