DeepBook DEEP

What DEEP actually is on-chain

DeepBook is a Move coin type deployed on Sui, at contract address 0xdeeb7a4662eec9f2f3def03fb937a663dddaa2e215b8078a284d026b7946c270::deep::DEEP. That address, not the ticker DEEP, is what uniquely identifies this asset: anyone can deploy a second token calling itself DEEP, but the contract is unforgeable. Verify it against suiscan.xyz before sending funds or approving a spend.

Sui uses Move's object model, so DEEP is a typed coin object rather than a balance entry in a shared contract. The type string above is the full identifier — the module and struct name are part of it, which is why it looks longer than an EVM address. Liquidity is in Cetus and Turbos pools and gas is paid in SUI.

For DEEP the project publishes a public source repository and an active account as @DeepBookonSui. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where DEEP sits in the market

#369 places DeepBook in the lower mid-cap band. At this end of the mid-cap band listing status is not a fixed property. Exchanges review names like DEEP on volume grounds, and a delisting notice repricing the asset faster than any chart pattern is a more realistic tail risk than anything in the indicator set.

CryptoPingAi is currently streaming 4 live DEEP order books (Bybit, Gate.io, Upbit, Bithumb). That is coverage in line with a #369 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

DEEP against its all-time high

DEEP is more than 95% below its all-time high of $0.3411 (on 2025-01-18) — a 21.9x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for DEEP is the downside, not the peak, so the range section below matters more than this one. That high was set roughly 2 years ago, recently enough that it still anchors how most current holders frame the asset.

DEEP across its historical range

The recorded range runs 31.8x, from $0.0107 to $0.3411 — wide by the standards of traditional assets, moderate for this one's class.

DEEP is within 45.5% of its all-time low of $0.0107, printed on 2024-10-14. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. The low is old enough that it has held as a floor across multiple market regimes, which is a materially different situation from a low being freshly printed.

DEEP supply structure

DEEP is capped at 10.00 billion DEEP, of which only 2.50 billion is circulating — 25.0% issued, leaving 7.50 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset DEEP is

DeepBook is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files DEEP under 6 categories, including Decentralized Exchange (DEX), Infrastructure, Decentralized Finance (DeFi), Derivatives, Sui Ecosystem. CoinGecko also records deployments on Sui (92 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a DeepBook alert that is worth receiving

DeepBook is the Move coin type at 0xdeeb…c270::deep::DEEP on Sui — quoted on 4 venues we stream — high dated 2025-01-18 — rank #369. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →