Latest DeepBook Protocol (DEEP) News Update

Deep Dive

1. @DeepBookonSui: Scaling as Sui’s liquidity layer bullish

“20+ apps tap DeepBook for liquidity... gas <$0.01, atomic trades in 390ms.”
– @DeepBookonSui (23.1K followers · 12.4K impressions · 2025-07-22 09:15 UTC)
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What this means: Bullish for DEEP as adoption grows—daily volumes hit $15M, with composable strategies attracting power users.

2. @Grayscale: Trust launch validates infrastructure role bullish

“Grayscale DeepBook Trust opens daily subscriptions for accredited investors.”
– CoinDesk (12 August 2025)
What this means: Institutional demand catalyst—DEEP surged 12% post-announcement, though volatility persists amid unproven adoption.

3. Santiment: Developer activity ranks #2 in DeFi neutral

“193.57 GitHub events/month, trailing only Chainlink—signaling long-term commitment.”
– Santiment (28 June 2025)
What this means: Neutral-bullish: High dev activity reduces scam risk but hasn’t reversed DEEP’s 30-day -12% price trend.

Conclusion

The consensus on DEEP is bullish with caution. Grayscale’s institutional embrace and Sui’s DeFi growth underpin optimism, while token unlocks (~2030) and thin liquidity (turnover 4.7%) temper hype. Watch for sustained developer momentum and Grayscale trust inflows to gauge if DEEP breaks its $0.17–$0.20 consolidation.

Deep Dive

1. Grayscale Trust Launch (12 August 2025)

Overview:
Grayscale launched the Grayscale DeepBook Trust, allowing accredited investors to gain exposure to DEEP without direct token ownership. This marks the first institutional product targeting Sui’s infrastructure layer, following the success of Grayscale’s SUI Trust in 2024. DEEP price jumped 12% to $0.1691 post-announcement, though it remains 17% below its July 2025 peak.

What this means:
This is bullish for DEEP because it validates its role as Sui’s core liquidity engine and could attract institutional capital. However, the trusts aren’t tradable on secondary markets yet, limiting immediate liquidity impact. Grayscale also cautioned about DEEP’s volatility and unproven adoption curve.
(Crypto.News, CoinMarketCap Community)

2. Turbos DEX Integration (4 August 2025)

Overview:
Turbos Finance launched a DEEP-USDC liquidity pool with dual incentives in SUI and DEEP tokens, aiming to deepen onchain trading liquidity. The move follows DeepBook’s integration into 20+ Sui DeFi apps, which now handle $15M-$16M in daily trades.

What this means:
This strengthens DEEP’s utility by incentivizing liquidity provision, though APYs (~28% for DEEP pools) suggest competition for capital remains fierce. The integration aligns with DeepBook’s push to become composable infrastructure rather than a standalone product.
(@Turbos_finance)

Conclusion

DeepBook’s dual narrative—institutional endorsement via Grayscale and grassroots DeFi integration—positions it as a linchpin of Sui’s ecosystem. While technical momentum persists (RSI 60, bullish EMA crosses), the protocol must demonstrate sustained adoption to justify forecasts beyond 2025. Will Grayscale’s move catalyze broader CLOB adoption, or will token unlocks in 2030 cap long-term upside?

Deep Dive

1. L2-Style UX Upgrades (2025)

Overview: DeepBook plans to roll out gasless transactions and pooled gas fee mechanisms, mimicking Layer 2 efficiency. This aims to lower entry barriers for retail users and improve transaction finality (<500ms on Sui).

What this means: Bullish for DEEP adoption as reduced friction could attract more traders and protocols to build on DeepBook. Risks include dependency on Sui’s network stability.

2. Cross-Chain Liquidity (2025)

Overview: The protocol will enable composable liquidity pools for bridged assets (e.g., Bitcoin, Ethereum), allowing seamless trading across chains without centralized custodians.

What this means: Neutral-to-bullish; while this could position DeepBook as a cross-chain liquidity hub, success depends on partnerships and adoption beyond the Sui ecosystem.

3. Advanced Trading Tools (2025)

Overview: Plans to integrate programmable trades (PTBs) and multi-leg strategies, enabling users to execute complex orders (e.g., arbitrage, stop-loss) in a single click.

What this means: Bullish for DEEP utility, as advanced tools may attract professional traders. However, competition from established CEXs and hybrid DEXs poses a risk.

4. Community Governance Expansion (2025)

Overview: DeepBook will expand its quasi-concave voting system, allowing token holders to adjust staking requirements, fee structures, and liquidity incentives.

What this means: Bullish long-term; decentralized governance could reduce centralization risks and align incentives. However, low voter participation might slow decision-making.

Conclusion

DeepBook’s roadmap emphasizes scalability, cross-chain interoperability, and community-driven governance—key drivers for its role as Sui’s liquidity backbone. While technical execution and ecosystem adoption remain critical, institutional interest (e.g., Grayscale’s DEEP Trust) signals growing confidence.

Will DeepBook’s infrastructure upgrades outpace competing order-book DEXs in 2025?

Deep Dive

1. Mainnet Upgrade v3.1 (August 2025)

Overview: Enabled unrestricted pool creation via new Move modules while integrating Mysten Labs' MVR (Multi-Version Registry) for cross-chain asset resolution.

The upgrade introduced 65 commits including MVR metadata objects for decentralized package management and kiosk-compatible asset storage. Developers can now deploy pools without whitelisting by paying 500 DEEP (reduced from 1,000 DEEP).

What this means: This is bullish for DEEP because it lowers barriers for new liquidity pools while improving interoperability with Sui-based DeFi apps. Traders gain access to more markets, potentially increasing protocol revenue.

(MystenLabs/deepbookv3#333)

2. Indexer Overhaul (July 2025)

Overview: Replaced MongoDB with PostgreSQL in the DeepBook Indexer to handle 10,000+ events/sec, tracking fills, cancellations, and governance votes.

The Rust-based system now processes Sui checkpoints 12% faster via concurrent pipelines. New tables track maker/taker fees in both base assets and DEEP tokens, addressing prior gaps in rebate calculations.

What this means: This is neutral for DEEP as it primarily benefits developers and institutional users needing granular historical data. However, improved analytics could attract sophisticated trading strategies.

(DeepBook Indexer Release Notes)

3. Fee Structure Update (June 2025)

Overview: Implemented EIP-4512 introducing variable DEEP burns (10-30% of protocol fees) based on 30-day revenue averages.

A new balance_to_burn field was added to the Move contract's History struct, with burns triggered weekly via keeper bots. The change followed community voting where 71% of staked DEEP supported deflationary mechanics.

What this means: This is bullish for DEEP because reduced supply could counter inflation from the 7-year token unlock schedule. However, traders may see slightly higher effective fees during low-revenue periods.

(Governance Proposal #29)

Conclusion

DeepBook's codebase advances toward decentralized market infrastructure with MVR integration and permissionless features, while fee/burn mechanisms align long-term incentives. How will Sui's planned Q4 2025 zkRollup integration further impact DeepBook's latency and cross-chain capabilities?