Basically, I mean an animal evolving to radically simplify its anatomical structure, or losing several major body systems.
I will demonstrate some examples in arthropods, a phylum of animals with very complex anatomy and behaviors, in many ways analogous to vertebrates.
‘Degeneration’ as I will call it, happens mainly via two pathways in arthropod. One is hyper miniaturization. Many tiny arthropods, such as astigmatan mites, most copepods, and most ostracods lack any respiratory or circulatory system, being small enough that oxygen can just diffuse into their whole body.
The other is parasitism. Several parasitic arthropod taxa have essentially become blobs lacking any recognizable arthropod anatomy at all, such as rhizocephalans, dendrogastrids, cryptoniscid isopods, and some parasitic copepods.
Just, look at this!
Those tiny white balls are isopods of the genus Liriopsis, parasitizing a Sacculina barnacle, parasitizing a crab.
A less extreme example of parasitic degeneration in arthropods are scale insects (plant parasites still count?). Depending on the species, females may lack eyes, legs, or antennae.
Then there is the fact many insects lack functional (or any) mouthparts as adults, and have degraded digestive systems. This is much less grotesque than the above examples, but is still nigh unthinkable for vertebrates.
And its not just arthropods.
Here is Enteroxenos, a gastropod that has lost its mouth, gut, gills, eyes, and digestive system.
I could also bring up examples of countless examples in worms, but I figure arthropods and gastropods are the most complex animals which include degenerated descendants.
So it begs the question, why have no such things happened among vertebrates? I suppose the male anglerfish could be an example, but it would be by far the only one. Are vertebrates just more constrained?