DeepBook is a decentralized liquidity platform based on the Sui blockchain and constitutes an integral component of the DeFi ecosystem. DeepBook represents Sui's first natively on-chain Central Limit Order Book-CLOB-and correspondingly provides fully on-chain architecture. A derivative of this architecture involves the assurance that order routing and matching, together with settlement activities, are fully transparent and on-chain. By minimizing latency and slippage, the platform caters to professional high-volume users.

The DEEP token is the basic currency of this network, which has been given the task of providing liquidity and paying transaction fees, besides helping in governance activities on the chain. Such DEEP staking will give holders the right to participate in governance and get low transaction fees. It incentivizes liquidity providers whenever the market lacks liquidity.
The maximum supply of the DEEP token has been predetermined at 10 billion, with a circulation of 2.5 billion in the initial stage, being gradually released within seven years. A large portion shall be used for the sustainable growth of the platform, while ecosystem development will be used for developer grants and community programs.
The core objective of DeepBook is to contribute to the development of Sui's DeFi ecosystem and set the bar higher for on-chain financial services.

Gate.io launches the Startup project DeepBook (DEEP), only available through GT: https://www.gate.io/startup/1904

Gate.io launches the DeepBook (DEEP) trading competition. Share $47,000 rewards: https://www.gate.io/announcements/article/39904

Answer&Earn challenge and share $1,000,000 DEEP: https://www.gate.io/activities/answer-earn/details

$DEEP trading link:
https://www.gate.io/trade/DEEP_USDT #GateOpinionQuest
#DEEP
#Gateio