DeepBook (DEEP)
Loading...
Loading...
About DEEP
DeepBook (DEEP) is the utility and governance token of DeepBook, the first native on-chain central limit order book (CLOB) protocol on the Sui blockchain. Built to bring traditional market efficiency to the decentralized ecosystem, DeepBook enables advanced trading functionality, liquidity aggregation, and programmable execution within the Sui Layer 1 environment. DeepBook offers a permissionless CLOB architecture that allows any developer, protocol, or application to integrate order book-based trading directly into their products. Unlike automated market makers (AMMs), which rely on liquidity pools and slippage-based pricing, DeepBook provides deterministic price discovery and matching logic similar to centralized exchanges. The DEEP token serves several key purposes: it powers governance through the DeepDAO, incentivizes liquidity provision and protocol usage, and will be used for future features such as fee discounts and staking. DEEP is designed to be the core coordination asset across the DeepBook ecosystem, enabling users and developers to shape the future of decentralized trading on Sui. As a foundational component of the Sui DeFi stack, DeepBook is optimized for low-latency, high-throughput execution and is compatible with composable smart contracts. It opens new design spaces for trading infrastructure in DeFi, enabling professional-grade order book trading in a fully decentralized, non-custodial environment.
Convert Fiat to DeepBook
News
Crypto Wallet Exodus to End Support for the Privacy Coin Monero (XMR) on August 10, 2025
Earlier this month, cryptocurrency wallet Exodus announced it will end support for the privacy coin monero (XMR) on August 10, 2025. After this date, users will no longer be able to send, receive, or view their XMR balances within the…
42% of American Millennials Shop With Crypto, Study Finds
A new study finds that 42% of U.S. millennials have made purchases using cryptocurrency, with 8% using it whenever possible and 14% on occasion. 93% of Millennials Aware of Crypto With U.S. millennials increasingly aware of or owning cryptocurrencies, a…
DEX Aggregator 1inch Expands to Solana, Enhancing DeFi Ecosystem
Decentralized exchange (DEX) aggregator 1inch has announced the expansion of its services to the rapidly growing Solana blockchain, solidifying its position as a leading swap marketplace in the decentralized finance (DeFi) ecosystem. With the integration of Solana, 1inch users can…
TRON DAO Supports Emerging Talent at Harvard Blockchain Conference 2025
This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, April 28 2025 — TRON DAO is a proud Platinum Sponsor of the Harvard Blockchain Conference 2025 (HBC25), a premier student-organized blockchain and AI conference hosted by the Harvard…
Crypto Czar David Sacks and Gemini Exchange Owners Join Donald Trump Jr.'s Exclusive $500K Private Club
A new private membership club in Washington, D.C., called Executive Branch, co-founded by Donald Trump Jr., is making headlines with its $500,000 membership fee and an existing waiting list. The club, which held a launch party over the weekend, attracted…
Frequently Asked Questions about DeepBook
What is DeepBook?
DeepBook is an on-chain central limit order book (CLOB) protocol built on Sui. It enables high-performance, decentralized trading with features similar to traditional exchange order books.
Where can I buy DeepBook (DEEP) tokens?
DEEP tokens can be acquired on exchanges like Bybit, Gate.io, KuCoin, XT.com, and Bithumb. Decentralized options include Cetus, a leading DEX on the Sui blockchain.
Where can I store DeepBook (DEEP) tokens?
DEEP is a token on the Sui blockchain and can be stored in Sui-compatible wallets such as Sui Wallet, Suiet, or other wallets that support Sui assets.
What is the DEEP token used for?
DEEP is used for governance via the DeepDAO, incentivizing liquidity, paying for trading fees (in the future), and coordinating ecosystem incentives across the DeepBook protocol.
How is DeepBook different from AMMs?
Unlike AMMs, which use liquidity pools and automated pricing, DeepBook uses a central limit order book model with bid/ask matching, offering better price execution and no slippage.
Is DeepBook native to Sui?
Yes. DeepBook is fully native to the Sui blockchain and is optimized for its high throughput, composability, and object-centric architecture.
What is DeepDAO?
DeepDAO is the decentralized governance body of the DeepBook ecosystem. DEEP token holders will be able to vote on proposals and protocol upgrades.
Can developers integrate DeepBook into their dApps?
Yes. DeepBook is designed to be modular and permissionless, allowing developers to integrate its order book functionality into DeFi protocols, wallets, and trading apps.
Is DEEP live and tradable?
Yes. The DEEP token is live on the Sui network and tradable on supported centralized and decentralized exchanges, although availability may vary depending on platform support.
How can I trade using DeepBook?
DeepBook powers a variety of DEXs on Sui, including Cetus, Kriya DEX, Aftermath Finance, and FlowX. To use DeepBook, connect your wallet to one of these exchanges and select Limit trading before placing your order.