DeepBook Token (DEEP) serves as a foundational element within the Sui blockchain ecosystem, providing deep liquidity and enabling efficient decentralized trading. Its design focuses on minimizing slippage, ensuring transparency, and offering ultra-fast settlement times. This guide explores the token’s key features, market performance, and practical details for traders and investors.
Live Price and Market Data
As of the latest update, DeepBook Token (DEEP) is trading at approximately $0.1377. Here’s a breakdown of its current market metrics:
- 24-Hour Trading Volume: $5,054,797.83
- Market Capitalization: $344,250,000
- Fully Diluted Valuation (FDV): $1,377,000,000
- Circulating Supply: 2,500,000,000 DEEP
- Total Supply: 10,000,000,000 DEEP
Over the past 24 hours, the token’s price has increased by 4.87%, reflecting positive short-term momentum. It is ranked #32 on CoinMun based on community votes and is listed on major tracking platforms like CoinMarketCap and CoinGecko.
Key Features of DeepBook Token
Deep Liquidity and Minimal Slippage
DeepBook is designed to offer exceptionally deep liquidity, often described as an "ocean" of market depth. This structure allows traders to execute large orders without significant price impact, making it ideal for both retail and institutional participants.
Transparency and Order Visibility
Every aspect of the trading process is transparent. Users can view real-time order flow, book depth, and the entire matching mechanism. This openness helps build trust and allows for informed decision-making.
Fast Settlement and Low Costs
Transactions on DeepBook settle in approximately 390 milliseconds, ensuring near-instant finality. Coupled with predictable, ultra-low fees, this makes the platform highly efficient for high-frequency trading and everyday use.
Backbone of Sui DeFi
As a core component of the Sui blockchain’s decentralized finance (DeFi) infrastructure, DeepBook enables developers to build and scale applications without worrying about liquidity limitations. It handles the heavy lifting, allowing projects to focus on innovation.
How to Buy DeepBook Token (DEEP)
Interested in acquiring DEEP tokens? The process is straightforward. You can purchase them through supported decentralized exchanges (DEXs) on the Sui network. Ensure you have a compatible wallet and sufficient SUI tokens for transaction fees. For a detailed walkthrough, 👉 explore step-by-step purchasing instructions.
Understanding Market Metrics
What Is Market Capitalization?
Market cap represents the total value of all circulating tokens multiplied by the current price. For DEEP, this is $344.25 million. It’s a key indicator of a project’s size and stability relative to other cryptocurrencies.
Fully Diluted Valuation (FDV)
FDV estimates the market cap if all tokens (including locked or vested ones) were in circulation. For DEEP, FDV is $1.38 billion, offering insight into long-term valuation potential.
Trading Volume and Liquidity
Trading volume indicates how much token value is exchanged daily—currently $5.05 million for DEEP. Liquidity, at $4.58 million, reflects the ease of buying or selling without price distortion. Higher liquidity generally means better trade execution.
DeepBook Token Contract Address
For developers and advanced users, the contract address is essential for interactions like transfers or smart contract integrations. The DEEP token contract address on Sui is: 0xdeeb7a4662eec9f2f3def03fb937a663dddaa2e215b8078a284d026b7946c270::deep::DEEP
Always verify this address through official sources to avoid fraud.
Frequently Asked Questions
What is the current price of one DEEP token?
The live price of DEEP is $0.1377 USD, subject to change based on market conditions.
How many DEEP tokens can I buy with $100?
At the current price, $100 would get you approximately 726.22 DEEP tokens.
What is the difference between market cap and FDV?
Market cap uses circulating supply, while FDV uses total supply. FDV helps gauge future dilution effects.
Where can I trade DEEP tokens?
DEEP is available on various Sui-based DEXs. 👉 Check real-time trading platforms for updated listings.
Is DeepBook Token a good investment?
Like all cryptocurrencies, DEEP carries risks. Research its technology, team, and market position before investing.
How do I report inaccurate data?
If you spot outdated or incorrect information, report it to the platform’s support team or use the flagging feature available on tracking sites.
Conclusion
DeepBook Token (DEEP) plays a critical role in the Sui ecosystem by providing robust liquidity and efficient trading mechanisms. Its transparent, fast, and low-cost features make it attractive for traders and developers alike. Always perform due diligence and use official resources when interacting with the token. For further details, refer to trusted market trackers and the project’s official communications.