DeepBook (DEEP)
1. Fundamental Analysis
1.1 Introduce
DeepBook is a next-generation decentralized central limit order book (CLOB) built on Sui.DeepBook leverages Sui s parallel execution, sub-second latency, and low transaction fees to bring a highly performant, laser-fast on-chain exchange.DeepBook’s order book architecture delivers deep and tight liquidity, enabling frontier price execution for on-chain trading. For liquidity providers, in particular, DeepBook delivers stronger control over price orders than traditional Automatic Market Maker models and thus is better suited for sophisticated liquidity provision. By virtue of being the premier wholesale liquidity venue of Sui DeFi, DeepBook is positioned as foundational liquidity to power broad swathes of financial services in the ecosystem.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DEEP | Market Cap | 253425000 |
| Name | DeepBook | White Paper | -- |
| Web Site | https://www.deepbook.tech/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.sui.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 10000000000 | |
| Supply | 10000000000 | Release Date | 2024-10-14 |
| Available Supply | 2500000000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The trend analysis of the provided K-line daily chart suggests a series of fluctuations with a predominantly upward trend. The price has shown several instances of strong upward movements followed by corrections, indicating potential volatility. The chart exhibits the following observations:
- A significant upward trend from late December 2024 to early January 2025.
- Price consolidates in a relatively narrow range from mid-December to early January, indicating a period of consolidation.
- Volatility is evident, with sharp increases and decreases in the price.
- There has been a gradual increase in trading volume, suggesting growing interest in the asset.
Predicted future trends:
- The upward trend is likely to continue, but with potential for increased volatility.
- There could be a period of consolidation in the near term.
- Price may face resistance at higher levels, leading to potential pullbacks or corrections.
- The upward trend could face challenges if trading volume decreases significantly.
