Degen Mode is exactly what it says on the tin: speed. @rainbowdotme rebuilt swaps earlier this year and then layered a “skip-the-friction” toggle on top so you can ape without the review step perfect when a memecoin candle is sprinting. You flip it on from the Swap screen’s top-right settings and the flow gets ruthless: quote → confirm → done.
I didn’t take their word for it. The Swaps v2 notes spell out a backend + UI overhaul aimed at mobile trading speed and memecoin-first routing; later updates added “Open in Rainbow,” tap-to-max, and hold-to-swap so sizing is basically muscle memory. That combo is what makes Degen Mode feel instant instead of just “fast.”
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❯ Toggle Degen Mode in Swap settings → run a tiny test trade to feel the no-review path.
❯ Use tap-to-max for sizing, then hold-to-swap it’s quicker than dragging sliders under pressure.
❯ If you’re points-farming, keep swaps inside Rainbow; it feeds your weekly score (and potentially ETH Rewards on Tuesdays).
Net take: Degen Mode isn’t a gimmick; it’s Rainbow’s fastest lane built on a refactored swap engine and a bunch of tiny UX assists that shave seconds when seconds matter. I’m tracking quote stability during volatile windows, but right now it’s the most “one breath” swap flow on my desk.

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