Deep Book (DEEP) Price

Info
Contract Address

SUI 0xdeeb7a4662eec9f2f3def03fb937a663dddaa2e215b8078a284d026b7946c270::deep::DEEP



About Deep Book (DEEP)

Deep Book is a next-generation decentralized central limit order book (CLOB) built on Sui. Deep Book leverages Sui's parallel execution and low transaction fees to bring a highly performant, low-latency exchange on chain.

The latest version delivers new features including flash loans, governance, improved account abstraction, and enhancements to the existing matching engine. This version also introduces its own tokenomics with the DEEP token, which you can stake for additional benefits.

Deep Book does not include an end-user interface for token trading. Rather, it offers built-in trading functionality that can support token trades from decentralized exchanges, wallets, or other apps. The available SDK abstracts away a lot of the complexities of interacting with the chain and building programmable transaction blocks, lowering the barrier of entry for active market making.

The DEEP token is used to pay for trading fees on the exchange. Future upgrades will allow users to pay trading fees using the input token, but owning, using, and staking DEEP will continue to provide benefits to active DeepBook traders on the Sui network.

Users that stake DEEP can enjoy taker and maker incentives. Taker incentives can reduce trading fees by half, dropping them to as low as 0.25 basis points (bps) on stable pairs and 2.5 bps on volatile pairs. Maker incentives are rebates earned based on maker volume generated.



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