DeepBook Protocol

DeepBook is a decentralized central limit order book (CLOB) developed on the Sui platform. It harnesses Sui's parallel processing capabilities and minimal transaction costs to offer a high-performance, low-latency trading experience on the blockchain.

What sets DeepBook apart is its complete on-chain operation. The entire process of order routing, matching, and settlement takes place on-chain, providing a trading platform that fully utilizes programmability, interoperability, and composability benefits. DeepBook v3 enhances this by offering an even more efficient trading environment, seamlessly integrating as the primary liquidity source for the broader DeFi ecosystem.

As an on-chain order book, DeepBook offers richer and more precise liquidity, resulting in improved pricing for on-chain trades. For liquidity providers, especially, DeepBook offers greater control over price orders compared to traditional Automated Market Maker systems, making it a better fit for experienced market participants. Moreover, as the leading wholesale liquidity hub within Sui DeFi, DeepBook serves as essential liquidity to support a wide array of financial services.