DeepBook

What is DeepBook?

DeepBook brings together primitives supported and advanced capabilities. Spot trading, margin trading, and prediction market infrastructure. Flash loans, native account abstraction features via BalanceManager, governance participation, and maker rebates / reduced taker fees via the DEEP utility token.

Its documented workflow includes: Powered by a fully on-chain matching engine structured around global asset pools (consisting of a Book, State, and Vault) utilizing two-level nested crit-bit trees for bids and asks. Users can place, modify, and cancel limit and market orders, or use direct token swaps.

The platform documentation describes wallet access this way: Interacting with DeepBook (aside from direct swaps) requires a BalanceManager object.

DeepBook features

How to use DeepBook

1. 1

   Order Processing

   Powered by a fully on-chain matching engine structured around global asset pools (consisting of a Book, State, and Vault) utilizing two-level nested crit-bit trees for bids and asks.

2. 2

   Order Types & Execution

   Users can place, modify, and cancel limit and market orders, or use direct token swaps.

Who is DeepBook for?

DeepBook is suited to users looking for primitives supported and advanced capabilities on Sui Blockchain. Spot trading, margin trading, and prediction market infrastructure. Flash loans, native account abstraction features via BalanceManager, governance participation, and maker rebates / reduced taker fees via the DEEP utility token.

Before you use it

• As with any decentralized on-chain financial protocol, users are exposed to potential smart contract bugs or market volatility risks.
• Claims regarding unverified third-party airdrops, unofficial token wrappers, or external links found outside of deepbook.tech and the official Mysten Labs GitHub repository should be treated as unverified and potentially malicious.