DeepBook is Sui’s first native liquidity layer, designed to provide an efficient platform for token trading. It works as a decentralized and permissionless environment which offers transparency, customer privacy and a full range of trading options for users. The core function of DeepBook is based on a central limit order ( CLOB ) architecture which allows users to place market and limit orders for buying and selling the tokens.
DeepBook is different from other platforms because its main focus is on being the foundational liquidity layer for the Sui ecosystem. It does not provide an end-user interface for token trading directly instead it provides an in-built trading functionality that can be used by decentralized exchanges, applications and wallets through its SDK. The main aim of this platform is to provide maximum capital efficiency and provide throughput.
What Is DEEP?
The DEEP token is an important part of the DeFi (Decentralized Finance) ecosystem on the Sui Blockchain, mainly associated with DeepBook which is Sui’s native liquidity layer. This token is the backbone of DeepBook and Sui because it plays multiple important roles in helping grow DeepBook by enhancing trading. The deep token is used for paying trading and pool creation fees.
It can also be staked to earn rewards. Token holders also have the power to take part in decision-making processes and market makers also get rebates for providing liquidity trades. Staking DEEP tokens grants users the ability to take part in the governance of the DeepBook pool, allowing them to propose changes to key parameters like trading fees and staking needs as well.
Tokenomics Of DeepBook (DEEP)
Here are the tokenomics of DeepBook:
- Current price: $0.03768
- Market cap: $90.81M
- 24-hour Volume: $52.41M
- FDV:$373.39M
- Vol/market cap ( 24 h ): 57.23%
- Total supply: 10B DEEP
- Max supply: 10B DEEP
Price Prediction Of DeepBook (DEEP) From 2024 – 2030
Refer to the table below to know the price prediction of DeepBook ( DEEP ) from the year 2024 to 2030. However, note that these price predictions are price assumptions based on market analysis and previous price changes. The cryptocurrency market tends to change over time so make sure you are investing after proper research only.
| Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $0.0329 | $0.0762 | $0.0804 |
| 2025 | $0.0787 | $0.0915 | $0.0954 |
| 2026 | $0.11 | $0.13 | $0.13 |
| 2027 | $0.14 | $0.16 | $0.17 |
| 2028 | $0.14 | $0.16 | $0.17 |
| 2029 | $0.17 | $0.19 | $0.20 |
| 2030 | $0.25 | $0.27 | $0.27 |
Price Prediction From 2025-2030
The price of DEEP tokens in 2025 can go above the anticipated price of $0.0954 and it may touch the lowest of $0.787. The price of this cryptocurrency will be steady in 2025. Then in the next year, DEEP cryptocurrency is expected start the year at the price of $0.13 and the average price will be $0.13 in the same year. It is predicted that in 2027 there are many chances that the price of DEEP tokens will be $0.17 and be as low as $0.14.
In 2028 DEEP will see a lot of growth in terms of market cap and the price will increase to $0.17. In the year 2029, DEEP’s prices are predicted to hit more than $0.20 with an average price of $0.19. And in the year 2030, the cost of the DEEP will be $0.27 with an average price of $0.27 and a lowest price of $0.27.
Where And How To Buy DeepBook?
Here are the platforms through which you can buy DeepBook:
- Bybit
- Gate.io
- Kucoin
- MEXC
- XT.COM
- Jupiter
To buy DeepBook tokens follow the steps given below:
Step 1: Search and choose an exchange platform that lists DEEP tokens. Check their user interface and gas fees as well.
Step 2: Create an account on the exchange platform and provide all the necessary details.
Step 3: Add funds to your exchange account through a credit card, debit card or other cryptocurrencies.
Step 4: Once the funds are added to your account, navigate to the buy or sell section on the exchange platform find the DEEP trading pair and choose one trading pair.
Step 5: After choosing the trading pair enter the amount of tokens you want and place an order.
Step 6: After the transaction is done, transfer your DEEP tokens to your crypto wallet for safety.
Is It Profitable To Invest In DeepBook?
As per the current prices and the price prediction given above it can be predicted that investing in DeepBOOK might be profitable. But it is not sure that you will always gain profit by investing in this cryptocurrency.
As the cryptocurrency market is highly volatile the prices can fluctuate and change over time. To avoid any loss do your own research before investing and make sure you are prepared with risk management as well.
