What is DeepBook Protocol (DEEP) market overview: price, market cap, 24h trading volume and liquidity

Current Price and Market Cap: DeepBook Protocol (DEEP) trading at $0.034-0.035 USD with market cap around $152.96M

DeepBook Protocol's DEEP token currently commands significant market attention within the Sui ecosystem. The token's market cap stands at approximately $134.4 million in circulating value, with a fully diluted market cap reaching $537.7 million, positioning it among the top-ranked digital assets in the decentralized finance sector. This valuation reflects DEEP's critical role as a central limit order book (CLOB) infrastructure on Sui.

The protocol's recent performance demonstrates robust market dynamics, with DEEP experiencing a substantial 22.15% surge over the past 24 hours. This upward momentum indicates growing investor confidence in the platform's capabilities for high-performance on-chain trading. The token's trading activity reflects the underlying demand for DeepBook's innovative liquidity solutions, which leverage Sui's parallel execution and sub-second latency to deliver superior price execution compared to traditional automated market maker models.

With over 2.9 million dollars in 24-hour trading volume, DEEP maintains healthy liquidity conditions essential for efficient market operations. The token's market position underscores DeepBook's significance as foundational infrastructure powering Sui's broader decentralized finance ecosystem, making it an important benchmark for understanding DeFi activity on the network.

Trading Volume and Liquidity: 24-hour trading volume of $9.24M-$12.64M with bid-ask spread of $0.03485-$0.034897

The 24-hour trading activity for DEEP demonstrates healthy market participation, with volume ranging between $9.24M and $12.64M during active trading periods. This level of trading volume reflects consistent engagement from both traders and market makers utilizing the protocol's infrastructure. The bid-ask spread, maintained between $0.03485 and $0.034897, reveals tight market conditions that are favorable for efficient execution. Such narrow spreads are particularly significant for decentralized exchanges, as they indicate substantial liquidity depth and competitive pricing across the order book. The DeepBook protocol's architecture on Sui enables this liquidity efficiency through parallel execution and sub-second latency, allowing market participants to benefit from minimal price slippage. For traders executing significant positions, the combination of robust trading volume and tight bid-ask spreads creates favorable conditions for entering and exiting trades with minimal market impact. This liquidity quality positions gate as an attractive venue for both retail traders and institutional participants seeking efficient price discovery on-chain.

Exchange Coverage and Market Activity: DEEP listed on 3 active markets including Gate with -7.4% price change over the past day

DEEP's presence across multiple trading venues demonstrates solid market traction and accessibility for diverse trader demographics. The token maintains active listings on three prominent markets, with Gate serving as a key venue for DEEP trading activities. This multi-exchange distribution enhances market liquidity and ensures competitive pricing across different platforms, benefiting both retail and institutional participants seeking exposure to the DeepBook protocol.

Over the past 24 hours, DEEP has experienced a -7.4% price adjustment, reflecting typical volatility patterns within cryptocurrency markets. Despite this recent pullback, the token's listing across multiple exchanges indicates sustained institutional and retail interest in DeepBook's decentralized order book infrastructure. The market activity surrounding DEEP remains robust, with consistent trading volume flowing through Gate and other established venues. This exchange coverage proves critical for maintaining deep liquidity pools and tight bid-ask spreads, enabling efficient price discovery for the protocol's governance token. Active market participation across these platforms reinforces DEEP's role as a tradeable asset within the broader Sui ecosystem.

FAQ

What is DeepBook Protocol (DEEP)? What is its purpose?

DeepBook Protocol (DEEP) is a CLOB solution designed for DeFi on the Sui blockchain. It provides high liquidity pools, low transaction fees, and fast trading speeds for decentralized applications and DeFi protocols.

DEEP代币的当前价格是多少？市值排名如何？

DEEP token is currently priced at $0.03672227 with a market cap ranking of 449. The 24-hour trading volume is $8.50M, showing strong liquidity in the market.

DeepBook Protocol's 24-hour trading volume and liquidity situation?

DeepBook Protocol maintains a 24-hour trading volume of $18,470,000 USD with strong liquidity performance. Its liquidity metrics exceed most emerging protocols, supported by a circulating supply of 3.24 billion DEEP tokens, demonstrating solid market depth and trading activity.

Where can DEEP tokens be traded?

DEEP tokens are available on Gate.com exchange. The token is used for paying trading fees and earning staking rewards within the DeepBook protocol ecosystem.

What are the advantages of DeepBook Protocol compared to other DeFi protocols?

DeepBook Protocol offers superior deep liquidity, faster execution speeds, and reduced slippage compared to other DeFi protocols, providing an excellent trading experience for users.

What is the total supply of DEEP tokens? How are circulating supply and unlock schedule distributed?

DEEP has a total supply of 10 billion tokens. Community allocation and airdrops account for 71.57% of tokens. Specific circulating supply and detailed unlock schedules have not been fully disclosed by the protocol.

What risks should I be aware of when investing in DEEP tokens?

DEEP token investment carries high volatility risk with potential losses. Market fluctuations are significant, requiring careful risk assessment. Evaluate your risk tolerance and financial goals before investing.