$DEEP is steadily building momentum on #SUI, and the growth isn’t going unnoticed.
Instead of marking this with arbitrary milestones, we’re focusing on what actually matters, the people paying attention early and contributing to the ecosystem.
To recognize that, we’ve allocated 10,000,000 $DEEP for core community members.
Access is now open below. Availability is limited, and distribution will move quickly.
Following the identification of an undercollateralization vulnerability, trading guardrails on DeepBook Margin have been strengthened to prevent further incidents.
Trading functionality on Deepbook Margin has now resumed.
A position like “BTC between $80k and $85k” usually requires stitching together multiple trades across multiple venues.
We think that should be a single position.
That’s part of what we’re building with the new trading app powered by DeepBook.
Join the waitlist for early access.
More from what we announced at Consensus below.
https://t.co/NOqxeBivP8
DeepTrade composes Spot for execution and Margin for leveraged longs and shorts.
With Predict on testnet, builders can now layer calls, puts, and spreads onto that same architecture in a single transaction.
One stack. Three composable primitives.
At Consensus last week, we introduced Predict, the third composable primitive in the DeepBook stack.
What makes Predict unique:
Continuous strikes: pick any price target, not just preset markets
Native leverage: baked into each contract
Shared liquidity: every market powered by the same order book
Composable: integrates natively with Spot and Margin
Live on testnet now. Mainnet soon.
https://t.co/DG0uocCdxg
Registrations are open.
Sui’s global hackathon returns with $500K+ across core and specialized tracks. Build AI agents, developer tooling, and onchain financial apps powered by Spot, Margin, and Predict on DeepBook.
Top teams unlock exclusive developer opportunities and network access.
Submissions close June 21.
Apply: https://t.co/Fg6AiaN0zn
Predict is live on testnet.
Composable prediction markets and options on DeepBook. Predict integrates directly with Spot and Margin, enabling leverage, shared liquidity, and structured financial products built fully onchain.
Start building: https://t.co/DG0uocCLmO
Spot. Margin. Predict.
At ~3:18 AM UTC today, an undercollateralization vulnerability accrued $239,700 in bad debt in the USDC margin pool. Margin Trading has been temporarily paused.
The Deepbook Insurance Fund has injected the amount of lost funds back into the affected pools. Deposits and withdrawals have now resumed.
NOW @aslan_web3 is on stage.
Spot and Margin are the foundation for shared onchain liquidity. Predict expands what builders and traders compose on top.
Now live on testnet, Predict is the third composable financial primitive in the DeepBook stack.
Spot. Margin. Predict.
DeepBook is building a composable financial system on @SuiNetwork.
Spot and Margin are live across the ecosystem. Predict is live on testnet, expanding what builders can launch on shared liquidity and what traders can do onchain.
Today at Consensus, @aslan_web3 will share how DeepBook is evolving for builders, traders, and the Sui ecosystem.
Tune in live at: https://t.co/hcBXfRPaX1
Explore DeepBook:
https://t.co/gL69bqMaYY
Today we’re introducing Predict.
Onchain options have been stuck at ~$100M in TVL while perp DEX volume hit $7T+ last year. The gap is architectural.
Predict is the third composable financial primitive in the DeepBook stack.
Builders can create binary markets, options (calls, puts, spreads), leveraged products, and structured instruments that integrate directly with Spot and Margin.
Testnet is live. Mainnet coming soon.
Spot. Margin. Predict.
https://t.co/LBiMNNLYGx
There's a $100M opportunity no one is talking about.
Onchain options should be one of the biggest categories in onchain finance. They aren't, and the reason is structural. Liquidity gets trapped at the position level.
Composability changes that.
https://t.co/ZU0ILjvC13
$15M+ daily volume. 20+ protocols building on DeepBook. Two composable primitives live on Sui. Spot. Margin. The third scales outcome markets onchain.
Testnet May 5.
Building trading infrastructure from scratch is the most expensive detour a team can take.
Matching engines. Liquidity bootstrapping. Settlement contracts. Audits. Six figures before you write product code.
DeepBook's Spot and Margin are live on Sui mainnet. 20+ apps already compose on them.
https://t.co/uXpCdm2AC2
You've been trading on DeepBook for months.
Through DeepTrade. Through Turbos. Through 20+ apps across Sui. Same order book underneath, the whole time.
If you are a trader, something new is coming at Consensus.