What is Degis (DEG)?
Degis is a protection protocol built on Avalanche. Its goal is to create a universal crypto protection platform. It provides insurance mechanisms to protect users from cyber threats and security vulnerabilities in the DeFi and NFT markets. Degis is recognized for its innovative approach to insurance and received $3 million in angel and seed financing from Avalanche Asia Star Fund and the Blizzard Fund. The project was launched in 2022.
How Degis (DEG) Works
Degis offers two protection products:
- Options Market enables trading European-style options using on-chain data. Creators stake 1 USDC to mint protection tokens, serving as backed assets. Holders can claim a 1:1 payoff if the event occurs. Buyers hedge risks by purchasing protection tokens, while sellers profit by selling them. Liquidity providers contribute to the AMM pool, earning fees and DEG tokens. The market operates in time cycles, allowing for deposit, trading, and settlement periods.
- Protocol Protection allows users to buy and sell insurance for risks at the protocol level. Users can deposit USDC into the protection pool and receive Protection Pool LP tokens, representing their share in the pool. These tokens can be staked into priority pools for additional rewards. Underwriters take on higher risks by staking LP tokens in specific priority pools. Buyers pay premiums based on community-voted rates and receive compensation tokens. After a claim event, compensation is paid from the Protection Pool and priority pools, with LP tokens burned if necessary.
How Many Degis (DEG) Tokens Are in Circulation?
DEG is the native governance and utility token of the protocol. It has a total supply of 100,000,000 and 6,039,132 of them are in circulation.
How to Buy Degis (DEG)
Consider investing in Degis (DEG)? It only takes 2 minutes to create an account on Bitget and start trading DEG.
Check out the available DEG trading pairs on Bitget!
How to Buy Crypto with Credit Card?
in Bitget, we offer multiple payment methods for funding your account, including credit and debit cards. In Bitget, you can instantly buy or sell USDT and other cryptos with your credit/debit card. Go to our website and click on “Buy Crypto”, click on ‘Credit/Debit Card’. Learn more about on here.
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Spot market
Degis (DEG) Resources
Simple 3-step guide to buying DEG today in El Salvador
Create your free Bitget account
Select a funding method
Complete your Degis purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Degis using a payment method of your choice:
Buy Degis with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Degis order.How to buy crypto with credit/debit cardBuy Degis with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Degis is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Degis order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Degis order.Buy Degis with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Degis order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Degis in your Bitget spot wallet

Bitget—where the world trades Degis
How to buy Degis for free
- Learn how to earn Degis for free through the Learn2Earn promotion
- Earn free Degis by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Degis airdrops by joining ongoing challenges and promotions
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FAQ
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El Salvador is the smallest and most densely populated country in Central America, wedged between the Pacific, Guatemala to the west, and Honduras to the north. Beaches and wild islands, charming villages, coffee plantations in the mist, the road of flowers, a Mayan site classified by Unesco, the immense Lake Coatepeque, a country rich in history, a pleiad of volcanoes, El Salvador should seduce you for sure.
With one of the best road networks in Latin America and a small surface area, El Salvador is very easy to visit because bus transportation works well. They are American buses repainted in colors but not always comfortable for long journeys of a few hours. We call them "Chicken buses" because we are all squeezed inside! The capital, San Salvador, is set in a spectacular volcanic landscape and hosts many museums and the National Theater. From the capital, there are many possibilities to travel around the country. You are a 30-minute drive from the beach and a 20-minute drive from the nearest volcanoes.
The country's official language is Spanish, and its currency is USD. Whether you're in San Salvador, Santa Ana, Soyapango, San Miguel, or anywhere in El Salvador, you can buy cryptos using USD on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.