Crypto Forum

DeepBook (DEEP) is a next-generation decentralized central limit order book (CLOB) protocol designed for high-speed, transparent trading on the Sui blockchain. It offers centralized exchange-level performance while preserving the trustless nature of DeFi.

Key Features:

• High Throughput, Low Latency: By leveraging Sui's parallel execution, DeepBook settles trades in ~390 milliseconds, delivering a fast and efficient user experience.

• Deep Liquidity: Acting as Sui’s native liquidity layer, DeepBook aggregates ecosystem-wide orders, reducing slippage and enhancing price discovery.

• Transparent Governance: The DEEP token enables community participation in governance through a quasi-concave voting model that balances power across small and large stakeholders.

• Staking Incentives: Users staking DEEP earn fee discounts and trading rebates, incentivizing liquidity provision and platform growth.

Tokenomics Overview:

• Total Supply: 10 billion DEEP

• Initial Circulating Supply: 2.5 billion

Distribution:

• 10% for community airdrop

• 28.43% to early backers and contributors

• 61.57% to ecosystem growth initiatives

DeepBook’s modular design supports seamless integration with other DeFi protocols, enabling developers to build advanced financial tools atop its infrastructure. With its focus on performance, transparency, and community governance, DeepBook is emerging as a foundational protocol in the Sui DeFi ecosystem, offering developers and traders a reliable and scalable on-chain alternative to traditional trading platforms.