$SUI
DEEP, the native token of the Sui ecosystem DeFi platform DeepBook Protocol, has indeed seen a significant price increase. According to Coingekco data, the price of DEEP increased by 47.5% within 24 hours, reaching a maximum of $0.05, and is currently quoted at $0.04896. This increase reflects the market’s positive expectations and confidence in DeepBook Protocol.
DeepBook Protocol is a decentralized central limit order book (CLOB) built on the Sui blockchain, leveraging Sui's parallel execution capabilities and low transaction fees to provide a high-performance, low-latency on-chain trading experience. DeepBook's order book architecture is designed to provide deep liquidity services for institutional traders and DeFi protocols, while bringing better price execution and control capabilities to liquidity providers and traders.
In addition, DeepBook also announced the distribution plan of its token DEEP. DBClaimNFT holders can apply for their token distribution through the official website, which further promoted the attention and demand for DEEP tokens. With the launch and integration of DeepBook V3, DeepBook is expected to further enhance its trading capabilities, providing traders with optimal prices and greater capital efficiency.