DEPTOR, an inhibitor of mTORC1 and mTORC2, is degraded via ubiquitin-proteasome pathway by an unknown E3 ubiquitin ligase. Here we report that DEPTOR is a physiological substrate of SCF beta TrCP E3 ligase for targeted degradation. Upon growth factor stimulation, RSK1 and S6K1 kinases are activated to phosphorylate DEPTOR, which is then recognized by the F box protein, beta TrCP, via its degron sequence for subsequent ubiquitination and degradation by SCF E3. Endogenous DEPTOR levels are negatively regulated by beta TrCP. DEPTOR half-life is shortened by beta TrCP but extended by a dominant-negative mutant of beta TrCP, by RSK1/S6K1 inhibition, and by beta TrCP degron site mutations. Biologically, DEPTOR accumulation upon riTrCP knockdown inactivates mTORC1 and activates AKT in cancer cells to confer resistance to rapamycin and paclitaxel. Furthermore, DEPTOR accumulates upon glucose deprivation and mTOR inhibition to induce autophagy. Thus, beta TrCP-DEPTOR-mTOR intertwine to regulate cell survival and autophagy.