About DeepBookEncyclopedia overview
DeepBook (DEEP) is a crypto token associated with sui in the asset directory.
DeepBook is the native central limit order book of the Sui blockchain. It went live
on Sui mainnet on 12 July 2023, incubated by Mysten Labs and the Sui Foundation, and
was rebuilt as DeepBook V3 in 2024. It is not an application with its own liquidity.
It sits in the base layer as shared infrastructure, so any protocol on Sui can route
through the same book, and every integration deepens it for everyone else.
The protocol spans three primitives. Spot is the order book itself, settling
atomically in a single Sui transaction. Margin adds leverage drawn from the same
shared pool, with positions opening, executing and closing in one transaction and no
off-chain sequencer. Predict, currently on testnet, brings binary options with
continuous strikes and fully on-chain settlement.
