DegenPad is a community-focused IDO and token-sale launchpad built for lower-fully-diluted-valuation Web3 projects, introduced by ChainGPT Labs on August 28, 2024. DegenPad's Twitter Score is 8.3 out of 1000 as of October 2026, ranking #111,002 among 497,973 tracked accounts.
DegenPad operates as part of the ChainGPT ecosystem, sitting alongside ChainGPT Pad as a complementary launchpad that targets smaller, earlier-stage projects rather than the more established, higher-FDV launches that ChainGPT Pad handles. The platform offers public and special token sales, staking-based allocation tiers, airdrops, and giveaways, with an emphasis on meme culture and community participation. Per ChainGPT Labs, DegenPad raised $1,150,000 across multiple projects from launch through December 31, 2024.
DegenPad is powered by $CGPT, the shared utility token of the ChainGPT ecosystem. Users stake $CGPT to earn tier points, gain IDO access and allocation priority, and build influence within the ChainGPT DAO. A cross-platform staking mechanic links DegenPad and ChainGPT Pad directly: staking on either platform transfers 50% of the resulting staking points to the other, giving participants a presence on both. The platform supports Solana-based token launches through paired EVM and Solana wallets, and a March 2025 integration extended that reach to Sonic-based projects launching through both DegenPad and ChainGPT Pad. DegenPad has published 1,090 posts and has been mentioned by 38 accounts a total of 69 times, with 71,524 followers as of October 2026 on the platform.
Who follows DegenPad on X?
The accounts that follow DegenPad include 22 founders, 4 angel investors, 29 influencers and 17 VCs. Among them are Mario Nawfal, DappRadar, Arcanic, Mercek, That Martini Guy and Lexioryn.