DeGate (DG): What It Is, Uses and Risks

DeGate is a self-custodial multichain crypto wallet that combines swapping, sending, earning and access to on-chain markets in one app. Users keep their own private keys, and the project states that no operator takes custody of funds. The wallet offers cross-chain swaps with automatic routing, one-click liquidity provision through a feature called Turbo Range, curated earning vaults called Simple Earn, and access to tokenized stocks, indices and gold. The project describes those tokenized assets as coming from regulated issuers and settling in USDC. DeGate began as an order book decentralized exchange on its own Ethereum Layer 2 ZK-rollup. That product was sunset in June 2025, and the wallet, launched in December 2024, has been the project's only product since.

According to the project's description, DG is the DeGate protocol token on Ethereum and is part of the original protocol's governance. Holders can take part in community decisions about the project's direction. Public sources do not describe a fee discount, staking reward or payment role for DG in the current wallet, so this page does not claim one. The wallet lets users pay network fees in USDC on supported chains, which means day-to-day wallet use does not depend on DG in the way it might for a native gas token. Because the original exchange that governance once steered has been shut down, the practical weight of DG governance today is unclear and readers should check the project's own documentation for the current position.

DG has a total and maximum supply of 1 billion tokens. About 387 million were in circulation as of 2026-11-05, which is roughly 39% of the maximum. At the same date, the price was about $0.052, the market capitalization was about $20.3 million and the fully diluted valuation was about $52.3 million. The token ranked 836th by market capitalization. Trading volume over the prior 24 hours was about $16,711, which is very thin for a token of this size. Over the past seven days the price moved about 0.4%, and over the past year about 3.9%. The all-time high was $0.601878 on 2021-03-20 and the all-time low was $0.0129632 on 2023-09-13. These figures change constantly and are not a guide to future prices.

DG is issued on Ethereum as a token that follows Ethereum's rules. It is not the native token of any blockchain. The DeGate wallet supports multiple networks, and the project says USDC can be used to pay gas on each of them. The source material does not give a launch date or describe a consensus or hashing method for DG, so this page does not state either. Readers who want to confirm which DG token they hold should compare the Ethereum token contract address against information published by the project, rather than relying on a token name or symbol, since many unrelated tokens share similar names.

Self-custody means the wallet's security depends on the user. If a seed phrase or private key is lost or exposed, the project cannot restore access or reverse a transfer. The shutdown of the original exchange shows that products can end, so a token tied to governance over a product may lose relevance. Tokenized stocks and gold carry issuer, regulatory and availability risks, and access may vary by region. Readers must be 18 or older (21 or older where required) and should check that online trading or gambling-style activity is legal where they live. Low trading volume can make prices swing sharply on small orders. Store DG only in a wallet you control, keep recovery phrases offline, and verify contract addresses before sending funds. This is general information, not financial advice.