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    DeepBook (DEEP): The Native Liquidity Layer for Apps on Sui

    Intermediate
    DeFi
    Oct 24, 2024
    8 min read
    0

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    Detailed Summary

    Behind the typical crypto trade, there’s a lot of high-tech work happening. In order to smoothly manage digital asset ownership, networks need to have enough liquid tokens to handle transfers. DeepBook aims to provide this valuable service for decentralized exchanges (DEXs). Its liquidity provision and order management system helps to streamline trading on the Sui network. Explore this guide to learn more about DeepBook and discover the investment potential of this fascinating project.

    Key Takeaways:

    • DeepBook is a native liquidity layer for the Sui ecosystem that uses a central limit order book system to execute trades successfully.

    • Looking to trade DeepBook tokens? Bybit now offers the DEEP/USDT Spot trading pair and DEEPUSDT Perpetual contract.

    What Is DeepBook?

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