Market Data & Token Stats
| Fully Diluted Valuation | $297.12M |
|---|---|
| 24H Trading Volume | $3.69M |
| 24H Low / High | $0.02944 / $0.03017 |
| Circulating Supply | 2.50B |
| Total Supply | 10.00B |
| Max Supply | 10.00B |
Market Health Signals
| Vol / MC Ratio | 4.97% Fair |
|---|---|
| Circulating Ratio | 25.00% Low |
Key Project Information
| Categories | Decentralized Finance (DeFi) 2 more |
|---|---|
| Founder | Anonymous |
| Website | deepbook.tech |
| Socials | |
| Chains | Sui Ecosystem |
| Explorer | Suiscan 1 more |
| Contracts |
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
DeepBook (deep) Expert User Reviews
Is DeepBook safe or a scam? Read verified Crypto OG reviews about DeepBook
$deep Markets
| Name | Pair | OG Score |
|---|
About DeepBook
DeepBook (DEEP) emerges as a pivotal element within the Sui blockchain ecosystem, serving as the first native wholesale liquidity layer designed to enhance the trading experience in decentralized finance (DeFi). This project is built on Sui's high-performance blockchain, which uses a unique consensus mechanism to ensure fast, secure and cost-effective transactions. DeepBook introduces a decentralized central limit order book (CLOB) system, which is fundamental for providing deep liquidity and enabling sophisticated trading functionalities directly on-chain.
DeepBook's architecture is crafted to leverage Sui's capabilities, offering:
High Throughput and Low Latency: DeepBook allows for rapid transaction processing with minimal slippage, making it an ideal platform for high-frequency trading and large volume transactions.
On-Chain Order Book: Unlike many DeFi platforms that utilize off-chain solutions for order matching, DeepBook processes all orders on-chain. This approach ensures transparency and security, as all trading activities are verifiable on the blockchain.
Decentralized Governance: With the introduction of the DEEP token, DeepBook enables its community to participate in the governance of the protocol. Users can stake DEEP to influence decisions related to trading fees, liquidity incentives and other protocol parameters, fostering a self-regulating financial ecosystem.
Integration with DeFi Protocols: DeepBook acts as a public good, providing a shared liquidity resource that various DeFi applications on Sui can tap into. This integration simplifies the liquidity landscape, making it easier for developers to create and for users to access DeFi services.
Use Cases:
Decentralized Exchanges (DEXs): DeepBook offers an efficient trading platform for DEXs, where traders can benefit from low slippage and high liquidity, even in volatile markets.
Liquidity Provision: Market makers and liquidity providers can utilize DeepBook's incentives to provide liquidity, benefiting from reduced trading fees and governance voting power.
Institutional Trading: With its design tailored for wholesale liquidity, DeepBook caters to institutional traders by offering a trading environment that rivals centralized exchanges but within a decentralized framework.
DeFi Applications: Developers can build DeFi applications that leverage DeepBook's liquidity, integrating functionalities like flash loans, dynamic fees and shared liquidity pools, enhancing the overall DeFi ecosystem on Sui.
Collaborative Development:
DeepBook has been developed with contributions from key players within the Sui community, including initial support from MovEX and the Sui Foundation, with further development driven by Mysten Labs. This collaborative effort underscores DeepBook's role as a community-driven project aimed at advancing Sui's DeFi capabilities.
What is unique about DeepBook (DEEP)?
DeepBook uniquely combines a fully on-chain CLOB with Sui's high-performance blockchain for minimal slippage, high throughput and transparent trading.
Who are the founders of DeepBook (DEEP)?
DeepBook's development was spearheaded by contributions from MovEX and the Sui Foundation, with significant input from Mysten Labs.
Where can I buy DeepBook (DEEP)?
Bybit, Gate.io, Coinbase, MEXC, Bitget
Information in this section carefully collected and curated from publicly available data from official sources, including the DeepBook Official Website and DeepBook X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.