{
  "url": "https://blockindex.ai/coin/deep",
  "name": "DeepBook Protocol",
  "links": {
    "github": null,
    "website": "https://www.deepbook.tech/",
    "whitepaper": null
  },
  "dScore": 32,
  "market": {
    "priceUsd": 0.016682008972287728,
    "marketCapUsd": 88949693.76032428,
    "volume24hUsd": 6057901.41458047,
    "priceChange7dPct": 1.02644662,
    "priceChange24hPct": -1.66410312
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 10000000000,
    "circulating": 5332073247.77778,
    "circulatingPct": 53.320732477777796
  },
  "ticker": "DEEP",
  "founder": "Not specified",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:31.231294+00:00",
  "fairLaunch": false,
  "launchYear": 2024,
  "description": "DeepBook Protocol (DEEP) is a decentralized central limit order book (CLOB) protocol built to operate natively on the Sui blockchain, with a clear emphasis on providing institutional-style, on-chain order matching, routing and settlement. According to the combined source materials provided, DeepBook implements matching and settlement logic on-chain to leverage Sui's parallel execution model and low transaction fees. The protocol positions itself as a wholesale liquidity venue for Sui DeFi, designed to provide deeper and tighter liquidity and more granular control for liquidity providers and sophisticated market makers compared with conventional automated market maker (AMM) approaches. Public materials emphasize functionality geared toward market and limit orders, flash loans, staking via the DEEP token, and governance mechanisms for token holders.\n\nFrom a technical perspective, DeepBook is described as an on-chain CLOB that uses Sui’s execution characteristics to reduce latency and increase throughput on order processing. The combined materials reference a \"v3\" iteration of the protocol, suggesting progressive development and iterative improvements to the core matching and settlement logic. Because DEEP is issued as a native object/module on Sui (contract representation presented in sources), many chain-level operational details are inherited from Sui’s architecture rather than introduced by DeepBook itself. The sources do not include low-level developer documentation, explicit language references beyond the Sui Move context, or precise TPS and block-timing metrics for the protocol; such chain-level metrics would be governed by Sui rather than DeepBook.\n\nIn terms of use cases and ecosystem fit, DeepBook is explicitly marketed to institutional liquidity providers, market makers, and DeFi primitives that require order-book style execution rather than AMM-style pricing. The project’s design aims to support market and limit orders, provide options for staking and governance, and enable composability with other on-chain services on Sui. Market visibility is well-documented across major data providers: DEEP is tracked on platforms such as CoinMarketCap and Messari and is listed on multiple centralized exchanges, giving it tradability and liquidity across global venues. Institutional interest is noted in the provided fragments (e.g., Grayscale trusts referencing DEEP in source snapshots), which suggests attention from productized institutional wrappers.\n\nTokenomics and distribution details in the supplied dataset are partially documented but contain conflicting circulating-supply snapshots across sources. The combined summary records a maximum supply of 10,000,000,000 DEEP with a CoinMarketCap snapshot showing a circulating supply of approximately 4,505,851,273 DEEP (≈45.06%) in one capture and a differing Messari snapshot reporting ~2.5B circulating in another. No explicit premine, PIP (pre-issued/public initial percentage), or detailed founder allocation was present in the provided sources. Market data snapshots in the combined materials indicate a price near $0.034 (source snapshots vary between $0.03437–$0.03439), a CoinMarketCap market-cap snapshot around $154.9M, an ATH in January 2025 (provider-reported ATHs differ slightly in timestamp and price across sources), and a reported ATL on Oct 14, 2024 in captured snapshots. Because several governance and treasury details are not present in the supplied materials, precise statements about long-term emission schedules, developer funds, or treasury controls cannot be made without further authoritative documentation.\n\nGovernance references in the provided fragments indicate that DEEP token holders participate in staking and governance, with on-chain governance mechanisms referenced in general terms. However, the materials do not provide an explicit breakdown of governance mechanics, voting thresholds, company/foundation registration, or named executive team members. Several fields required for a complete decentralization and DSCORE appraisal (premine, pip, node counts, detailed company/founder disclosures) were not present in the supplied dataset. The available materials do show active exchange listings, developer-facing resources (official website), and integration references (e.g., Chainlink mentioned as an ecosystem oracle reference), but many organizational and legal attributes remain undocumented in the provided sources.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "SUI"
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 7,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}