Degis is a decentralized DeFi protection and insurance protocol that launched on Avalanche as the first native insurance product for that ecosystem, though strong indicators suggest the project is no longer operationally active. Degis's Twitter Score is 12 out of 1000 as of July 2026, ranking #90,011 among 531,432 tracked accounts.
Degis was founded by Andy L and introduced an all-in-one insurance market initially centered on Naughty Price Protection, a mechanism designed to guard users against major token-price fluctuations and black-swan events. The protocol was audited by SlowMist, and its token-sale disclosure via Avalaunch stated a total supply of 100,000,000 DEG tokens and an aggregate raise of USD 6,400,000 across seed, ecosystem-grant, private, and public-IDO allocations. The project was formerly affiliated with Avalaunch for its token launch.
Degis received backing from GBV Capital, Blizzard, Ava Labs, and Avatar. Its latest visible posts on the account are approximately two years old, and its former domain currently resolves to an unrelated generic crypto blog, both pointing to the project having ceased active operations. Degis has published 2,685 posts and has been mentioned by 49 accounts a total of 324 times.
Who follows Degis on X?
The accounts that follow Degis include 35 founders, 10 angel investors, 49 influencers and 12 VCs, among them Julien B, Drew Austin, Blocmates, androolloyd.hl, Fomosaurus and Minion.