How to become a DeepBook Protocol affiliate

What Is DeepBook Protocol (DEEP)?

DeepBook is a cutting-edge decentralized central limit order book (CLOB) built on the Sui blockchain. It takes advantage of Sui’s parallel execution capabilities and low transaction fees to deliver a highly efficient, low-latency on-chain trading experience. DeepBook is designed to provide traders with the speed, scalability, and security needed for advanced financial markets.

DEEP is the native utility token of the DeepBook ecosystem and is utilized for:

•Trading Fees: Used to pay trading fees on DeepBook trading pairs.

•Rebates: Offers permissionless rebates for high-volume traders, encouraging liquidity and activity.

•Governance: Empowers token holders to influence critical protocol decisions, such as trading fee structures and pool staking requirements.

DeepBook Ecosystem Tools

1.TypeScript SDK: Simplifies interaction with the DeepBook smart contracts, enabling developers to focus on building applications without worrying about underlying transaction complexities.

2.DeepBook Indexer: Provides real-time access to order book and trading data, aggregating and exposing key insights for developers, traders, and analysts.

3.Visual Studio Code Move Analyzer: Enhances contract debugging and development for builders working on the DeepBook Protocol.

4.Sui Command Line Tools: Enables developers to interact directly with DeepBook Protocol smart contracts, facilitating deep integration and testing.

How Many DEEP Tokens Are in Circulation?

DeepBook Protocol launched its mainnet on October 14, 2024, with a total supply of 10 billion DEEP tokens created at genesis.

•Initial Circulation: 25% of the total supply was unlocked at launch.

•Token Release Schedule: The remaining tokens will be distributed over a 7-year vesting period.

•Burn Mechanism: A portion of trading fees paid in DEEP is burned after each epoch, introducing a deflationary mechanism to the tokenomics.

Where Can You Buy DEEP?

DEEP is available for trading on an increasing number of exchanges, including:

Centralized Exchanges (CEXs):

• Bybit

• KuCoin

• Gate.io

• MEXC

Decentralized Exchanges (DEXs):

• DeepBook Protocol

This growing availability ensures that traders and investors can access DEEP across multiple platforms, catering to both centralized and decentralized trading preferences.