Overview
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OpenWhat is DeepBook
The DeepBook token (DEEP) is designed to make the DeepBook liquidity platform on Sui the preeminent 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.
DetailsIEO (Gate Launchpad): Oct 12, 2024 - Oct 14, 2024Token supply: 10,000,000,000 DEEP Total tokens for sale: 6,000,000 DEEP LegalBlockchain Platform: SuiRegistration year: 2023 | Token infoTicker: DEEPType: Utility-token Token price in USD: 1 DEEP = 0.005 USD Token distribution: 10% - Initial Community Airdrop 28.43% - Core Contributors and Early Backers 61.57% - Ecosystem Growth |
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