![]() | DeepBook (DEEP) |
Status
IEO
DeepBook is a liquidity layer providing the infrastructure for financial projects building on Sui.
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What is DeepBook
The DeepBook token (DEEP) is designed to make the DeepBook liquidity platform on Sui thepreeminent venue for wholesale liquidity, between and amongst professional traders and
DeFi protocols.
DeepBook is a special example of a decentralized, permissionless, and on-chain
central limit orderbook, made possible by Sui’s fast execution paths and low gas fees. Central
limit orderbooks are highly efficient for active liquidity providers, and so DeepBook as a protocol
is intrinsically well-suited to allocating liquidity amongst professional participants.
The goal of the DeepBook token, thus, is to enable and further that goal. This positions the DeepBook system as
a public good: key financial infrastructure that is inexpensive for users, benefits ecosystem-wide
liquidity, and supports the rich consumer-facing DeFi platform.
Token Sale Dates
IEO
Start date: Oct 12, 2024
End date: Oct 14, 2024
Token Allocation
Total Token Supply 10,000,000,000 DEEP
Total Tokens for Sale 6,000,000 DEEP
Token distribution
10% - Initial Community Airdrop
28.43% - Core Contributors and Early Backers
61.57% - Ecosystem Growth
Token Price and Payment Options
Token price USD 1 DEEP = 0.005 USD






