The steroid Hormone DHEA (dehydroepiandrosterone) has been hyped as a supplement that will deliver the virtual fountain of youth, with extravagant claims that it can slow aging, melt away Fat, enhance memory, prevent osteoporosis, and increase libido. Naturally produced and released by the adrenal glands, DHEA is ultimately converted into estrogen (the female sex hormone) and androgen (the male sex hormone).