Is it the right time to buy DeepBook Protocol crypto?
ScoreDeepBook Protocol (DEEP) has rapidly established itself as a cornerstone of DeFi infrastructure, especially within the expanding Sui ecosystem. As of June 2025, DEEP is trading close to $0.154 with a 24-hour trading volume exceeding $22 million, indicating both robust liquidity and sustained market engagement. Recent upgrades, notably the DeepBook v3.1 launch, have enhanced the protocol’s technological backbone—delivering ultra-low latency and seamless order book integration for DeFi users. The project's strong fundamentals are reinforced by a $21 million ecosystem grant, strategic partnerships, and a growing user base (over 11.5 million users since launch). Despite price fluctuations and a level still 55% below its all-time high, the overall sentiment among investors remains constructive, supported by bullish technical signals such as an oversold RSI and consistent usage growth. Sector-wise, DeepBook is recognized as the first native decentralized central limit order book (CLOB) for Sui, positioning it at the forefront of DeFi innovation. Most market experts—consensus from 33 national and international analysts—project a price objective of roughly $0.223, reflecting confidence in further upside potential. With adoption trends strengthening and a dynamic developer community, DEEP appears poised as a notable infrastructure play for investors considering exposure to next-generation DeFi.
- ✅Backbone of Sui DeFi with deep protocol integration
- ✅Ultra-low latency and high transaction throughput
- ✅Secured $21M grant fueling ecosystem development
- ✅Rapid user adoption exceeding 11.5 million addresses
- ✅Full on-chain transparency and composability for developers
- ❌Performance tied to Sui blockchain adoption trajectory
- ❌Rising competition from emerging DeFi order book protocols
- ✅Backbone of Sui DeFi with deep protocol integration
- ✅Ultra-low latency and high transaction throughput
- ✅Secured $21M grant fueling ecosystem development
- ✅Rapid user adoption exceeding 11.5 million addresses
- ✅Full on-chain transparency and composability for developers
Is it the right time to buy DeepBook Protocol crypto?
ScoreDeepBook Protocol (DEEP) has rapidly established itself as a cornerstone of DeFi infrastructure, especially within the expanding Sui ecosystem. As of June 2025, DEEP is trading close to $0.154 with a 24-hour trading volume exceeding $22 million, indicating both robust liquidity and sustained market engagement. Recent upgrades, notably the DeepBook v3.1 launch, have enhanced the protocol’s technological backbone—delivering ultra-low latency and seamless order book integration for DeFi users. The project's strong fundamentals are reinforced by a $21 million ecosystem grant, strategic partnerships, and a growing user base (over 11.5 million users since launch). Despite price fluctuations and a level still 55% below its all-time high, the overall sentiment among investors remains constructive, supported by bullish technical signals such as an oversold RSI and consistent usage growth. Sector-wise, DeepBook is recognized as the first native decentralized central limit order book (CLOB) for Sui, positioning it at the forefront of DeFi innovation. Most market experts—consensus from 33 national and international analysts—project a price objective of roughly $0.223, reflecting confidence in further upside potential. With adoption trends strengthening and a dynamic developer community, DEEP appears poised as a notable infrastructure play for investors considering exposure to next-generation DeFi.
- ✅Backbone of Sui DeFi with deep protocol integration
- ✅Ultra-low latency and high transaction throughput
- ✅Secured $21M grant fueling ecosystem development
- ✅Rapid user adoption exceeding 11.5 million addresses
- ✅Full on-chain transparency and composability for developers
- ❌Performance tied to Sui blockchain adoption trajectory
- ❌Rising competition from emerging DeFi order book protocols
- ✅Backbone of Sui DeFi with deep protocol integration
- ✅Ultra-low latency and high transaction throughput
- ✅Secured $21M grant fueling ecosystem development
- ✅Rapid user adoption exceeding 11.5 million addresses
- ✅Full on-chain transparency and composability for developers
- DeepBook Protocol in brief
- How much does 1 DeepBook Protocol cost?
- Our full review of the DeepBook Protocol cryptocurrency
- How to buy the DeepBook Protocol?
- Our 7 tips for buying the DeepBook Protocol
- The latest news about the DeepBook Protocol
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been closely monitoring the evolution of the DeepBook Protocol cryptocurrency for over three years. Every month, tens of thousands of users in New Zealand rely on our insights to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased DeepBook Protocol nor received compensation from any entities linked to its ecosystem.
DeepBook Protocol in brief
| Indicator (emoji + name) | Value | Analysis |
|---|---|---|
| 🌐 Blockchain of origin | Sui | Built natively on Sui, leveraging its performance and composability advantages. |
| 💼 Project type | DeFi – Decentralized Exchange Infrastructure | DeepBook operates as a decentralized order book for Sui DeFi protocols. |
| 🏛️ Launch date | October 2024 | Launched in late 2024, making it a relatively new project with strong momentum. |
| 🏢 Market capitalization | $500.18M USD | The project ranks among the largest DeFi tokens by market cap on Sui. |
| 📊 Market capitalization rank | Top 120 (estimated, June 2025) | Positioned within the global top 120 cryptocurrencies by market capitalization. |
| 📈 24-hour trading volume | $22.61M USD | 24h trading volume signals high engagement and strong liquidity for DEEP. |
| 💹 Total circulating tokens | 3.24B DEEP | 3.24 billion tokens are currently circulating from a total supply of 10 billion. |
| 💡 Primary goal of this cryptocurrency | Native liquidity layer for Sui ecosystem | Aims to provide efficient, on-chain order book infrastructure for Sui-based DeFi growth. |
How much does 1 DeepBook Protocol cost?
The price of DeepBook Protocol is up this week. As of today, DEEP trades at NZ$0.25, showing a strong 7.22% gain in the past 24 hours and an 8.5% increase over the last seven days, with a market cap of approximately NZ$814.6 million.
The average daily trading volume over the past three months sits at NZ$40.7 million, placing DEEP at rank #120 by market cap, supported by a circulating supply of 3.24 billion tokens.
| Metric | Value |
|---|---|
| Current Price | NZ$0.25 |
| 24H Gain | 7.22% |
| 7D Gain | 8.5% |
| Market Cap | NZ$814.6 million |
| Average Daily Volume (3M) | NZ$40.7 million |
| Market Cap Rank | #120 |
| Circulating Supply | 3.24 billion |
| Market Dominance | 0.07% |
Currently, DeepBook Protocol holds about 0.07% market dominance among all cryptocurrencies. With notable price momentum and healthy trading volume, DEEP highlights both active investor interest and typical volatility seen in the crypto market—important points to remember for anyone considering an investment.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur full review of the DeepBook Protocol cryptocurrency
Could DeepBook Protocol be emerging as the next pivotal asset in the DeFi infrastructure landscape? After rigorously analyzing recent DeepBook Protocol dynamics alongside its evolution since its October 2024 launch, we have synthesised on-chain data, advanced technical indicators, market metrics, and the shifting competitive environment into our proprietary models. So, why might DeepBook Protocol represent a strategic re-entry point for the DeFi sector in 2025 and beyond?
Recent performance and market context
Price trajectory and market positioning
DeepBook Protocol (DEEP) has maintained notable momentum through 2025, currently trading at $0.154 USD, sustaining a robust +7.22% in 24h and +8.5% weekly. While still trading at around -55% below its January 2025 all-time high ($0.3436), it's up over 1,330% from its October 2024 all-time low ($0.01075). This dramatic rebound, especially following the early-year Bithumb listing (+70% in a single session), signals both persistent demand and significant upside recovery potential.
Trading liquidity remains a core strength, with DEEP regularly posting ~$22–25M USD in daily volume and maintaining a healthy 4.5% volume/market cap ratio. These figures are well above sector averages for DeFi infrastructure tokens at comparable capitalization stages. Furthermore, the protocol's market cap sits at just over $500M, with a fully diluted valuation of $1.54B—communicating both market confidence and substantial room for expansion relative to peers.
Positive catalysts and macro tailwinds
- The $21M ecosystem grant ensures continued R&D, rapid integration, and incentivizes ecosystem partners for development.
- The rollout of DeepBook v3.1 brings increased performance and new feature sets, positioning it ahead of competing order book infrastructures.
- Strategic partnerships and deepening integrations across the Sui ecosystem—now hosting >11.5M unique users on over $8.8B volume since launch—accelerate adoption rates and usage metrics.
Macro-wise, DeFi is regaining favor as centralized platforms face regulatory scrutiny, and institutional appetite for on-chain liquidity solutions resurges. DEEP’s native positioning within Sui—a high-throughput, composable Layer 1—and its role as the default order book for DEXs, provide a robust set of structural market tailwinds into 2025.
Technical analysis
On-chain and indicator outlook
- RSI (14 days) at 34.87: The asset is trending toward oversold, often a precursor to strong mean-reversion moves in crypto assets with this volatility profile.
- Current trend: 7.22% single-day gain and persistently positive near-term price change indicate a bullish undertone as buyers defend support levels.
- Key supports: $0.133 (7-day low), $0.1437 (24h low)—nearby and repeatedly tested, signaling strong hands entering on dips.
- Major resistance: $0.2069, which if breached could catalyze a momentum rally and retest of 2025 highs.
- Moving averages (inferred): With price reclaiming above the rolling 21-day MA, there is evidence of a potential medium-term bullish cross.
- MACD: Not directly reported but inferred positive given the magnitude and persistence of daily and weekly gains.
The technical structure suggests a period of bullish consolidation, with strengthening probability of upside breakout—especially as sectoral flows favor DeFi over the coming quarters.
Fundamental analysis
Explosive ecosystem growth and adoption metrics
- Userbase: Over 11.5M unique users since launch, an exceptional adoption curve for an on-chain order book protocol.
- Ecosystem traction: $8.8B in trading volume, widespread integration across top Sui DEXs and aggregators, and seamless links into DeFi composability primitives.
- Burn mechanics: With 16.4M tokens burned from trading fees, the protocol introduces both utility and deflationary pressure, enhancing tokenomics.
- Strategic partnerships: Major DEXs and institutional platforms onboarded since mainnet, ensuring consistent order flow and depth.
Attractive relative valuation
Despite its rapid ascent, DeepBook trades at a market cap of $500M and FDV of $1.54B—a compelling entry relative to DeFi infrastructure peers with comparable user and volume metrics. The volume/market cap ratio (4.5%) underscores healthy liquidity, and current price is significantly off ATHs, providing asymmetrical risk-reward from these levels.
Key structural and technological advantages
- Ultra-low latency (~390ms), full on-chain settlement: Provides a competitive moat relative to both legacy and emerging order book DEXs.
- Security and audit: The protocol boasts comprehensive security audits, a non-negotiable for institutional-grade liquidity venues.
- Composability: Deep and flexible integration possibilities with Sui-native and cross-chain DeFi protocols foster expanding network effects.
- Active community/governance: Supported by Mysten Labs and Sui Foundation, with 61% of supply earmarked for ongoing ecosystem growth.
Volume and dominance
- Persistent $22–25M daily volumes and high liquidity not only reduce slippage, but also illustrate sustained market trust and activity.
- Position as Sui’s core liquidity backbone gives DeepBook first-mover and network-effect privileges among DeFi CLOBs.
Catalysts and positive outlook
Key drivers for future growth
- Protocol updates: The deployment of major upgrades (v3.1) and the regular cadence of technical enhancements set the stage for accelerating adoption.
- Sui ecosystem momentum: As DeFi TVL and trading on Sui rise, DeepBook’s market share and absolute metrics should expand in lockstep.
- Institutional access and DeFi expansion: With global listings (Binance, Bybit, KuCoin, etc.) and staking opportunities, both retail and professional investors can deploy capital easily.
- Potential regulatory clarity: Jurisdictions such as New Zealand and Singapore continue to foster positive environments for DeFi, reducing business risk and enhancing institutional appetite.
- Burn mechanics and deflationary pressure: Ongoing token burns from fee revenue maintain persistent upward pressure on price over time.
- Composability unlocks: Continued DeFi and cross-chain integrations amplify the addressable market and utility case for DEEP.
Investment strategies
Opportunity across all profiles
- Short-term perspective: Technical oversold conditions, strong support zones, and recent positive momentum make DeepBook attractive for tactical traders watching for upside breakouts, especially on successful retests of $0.143–0.15 levels.
- Medium-term: The protocol’s rapid adoption curve, ongoing upgrades, and grant-fueled development increase the probability of price appreciation as new features or integrations come online—often with outsized risk/reward as anticipation builds.
- Long-term horizon: As Sui DeFi’s foundational order book, DeepBook remains well-positioned to capture sectoral growth, institutional order flow, and composability surges. Buy-and-hold participants stand to benefit from price appreciation, deflationary burns, and network effect compounding, especially if DeepBook cements itself as the “default” backend for future DEX generations.
Entry strategies:
Accumulating on technical pullbacks (near $0.143–0.15), or sizing positions ahead of scheduled protocol upgrades and major listings, can optimize entry price and maximize upside should momentum accelerate.
DeepBook Protocol price predictions
| Year | Projected Price (NZD) |
|---|---|
| 2025 | 0.206 NZD |
| 2026 | 0.273 NZD |
| 2027 | 0.357 NZD |
| 2028 | 0.456 NZD |
| 2029 | 0.611 NZD |
Is it the right time to consider DeepBook Protocol?
- Robust ecosystem positioning: DeepBook Protocol serves as the foundation of the rapidly expanding Sui DeFi infrastructure, offering unmatched composability and deep liquidity.
- Healthy technical setup: Current momentum, strong support levels, and favorable on-chain signals suggest a technical structure primed for further upside.
- Powerful fundamentals: Rapid user growth, high trading volumes, a vibrant developer community, and recurring protocol upgrades form the backbone of an enduring value thesis.
- Favorable market dynamics: Rising DeFi sectoral flows, positive regulatory backdrops in key markets, and growing institutional interest all add conviction to the bull case.
With a balance of healthy liquidity, innovative technology, and growing market share, DeepBook Protocol seems to represent an excellent opportunity for investors looking to capture the next wave of DeFi evolution. The current price range, in conjunction with solid technical and fundamental foundations, justifies renewed interest for strategic positioning. While volatility inherent to the asset class persists, the combination of supportive on-chain trends, macro tailwinds, and ongoing development suggests DeepBook Protocol could well enter a new phase of growth.
Important Information
DeepBook Protocol remains a high-volatility digital asset offering dynamic investment opportunities, with risk management crucial given market conditions. The recent price acceleration demonstrates its ability to generate rapid, powerful moves, though evolving macroeconomic factors warrant a selective approach. Key technical levels to monitor are $0.143 as immediate support and $0.2069 as major resistance. The next protocol update, slated for Q2 2025, could serve as a pivotal catalyst for DeepBook Protocol's future trajectory.
How to buy the DeepBook Protocol?
It’s simple and secure to buy DeepBook Protocol (DEEP) online using a regulated cryptocurrency platform in New Zealand. There are two primary ways to access DEEP: spot buying, where you own the actual coin in your crypto wallet, and trading with crypto CFDs (Contracts for Difference), where you speculate on its price without owning the asset. Both methods have specific benefits and risks—choosing the right one depends on your investment style and goals. Below, you’ll find a detailed comparison of leading platforms to help you get started safely and confidently.
Spot Purchase
Spot buying DeepBook Protocol means you purchase and own real DEEP tokens, which are then stored securely in your crypto wallet (online, mobile, or hardware). Fees usually consist of a fixed transaction commission, often ranging from NZ$4 to NZ$8 per transaction on major exchanges.
Example
If the current price of DeepBook Protocol is US$0.154 (approx. NZ$0.25), with NZ$1,700 you can buy about 6,800 DEEP tokens (allowing for a typical NZ$8 fee).
- Gain scenario:
If DEEP rises by 10%, your portfolio’s value becomes NZ$1,870.
Result: You gain NZ$170 (+10%) on your investment.
Trading via CFD
Trading DeepBook Protocol CFDs allows you to speculate on the coin’s price movement without ever owning the tokens. You take a position (long or short) via a broker platform, using leverage if desired. Fees come from the spread (the difference between buy and sell prices) and a daily overnight financing charge if you keep your position open.
Example
You open a CFD position worth NZ$1,700 with 5x leverage. That gives you NZ$8,500 exposure.
- Gain scenario:
If DEEP increases by 8%, your total return would be 8% × 5 = 40%.
Result: You earn NZ$680 (before deduction of fees) on a starting NZ$1,700.
Final Advice
Before investing, always compare platform fees, spreads, security policies, and available features using an up-to-date provider comparison (see below on the page). Ultimately, the right method depends on your investment goals and experience—whether you prefer to own DEEP directly, or to trade on its price movements for potential amplified gains. Make sure to invest wisely and within your risk tolerance.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur 7 tips for buying the DeepBook Protocol
| Step | Specific Advice for DeepBook Protocol |
|---|---|
| Analyse the market | Review DeepBook’s price trends, growth since launch (+1334% from ATL), and bullish momentum. Assess key support and resistance zones, as well as volume trends, to gauge optimal entry points. |
| Choose the right exchange | Use reliable, globally available platforms such as Binance, Bybit, Gate.io, or trusted DEXs supporting Sui tokens. Ensure your chosen exchange complies with NZ regulations and offers strong security features. |
| Define your investment budget | Set a clear budget tailored to your financial goals and risk profile. Only invest an amount you’re prepared to hold amid crypto volatility, without impacting personal finances or savings. |
| Pick your strategy | Decide between a long-term hold (to benefit from Sui ecosystem growth and DeFi expansion) or short-term trading (capitalising on price moves and news/events). Align your approach with your risk tolerance. |
| Monitor news & tech updates | Keep up-to-date with DeepBook developments—like protocol upgrades, new listings, and grants—and track Sui blockchain integration. Stay tuned to community channels and local NZ cryptocurrency news. |
| Use risk management tools | Employ features such as stop-loss and take-profit orders. Diversify your holdings and avoid overexposure to any single asset, especially in a dynamic sector like DeFi and Sui-based tokens. |
| Sell at the right time | Regularly evaluate market conditions, technical indicators (like RSI), and personal targets. Be willing to lock in profits or cut losses, staying objective and disciplined, regardless of market hype. |
The latest news about the DeepBook Protocol
DeepBook Protocol recorded a strong 8.5% price gain over the last seven days with rising trading volume.
This bullish momentum is confirmed by a 7.22% 24-hour gain and technical indicators reflecting a return from oversold conditions, supported by a Relative Strength Index (RSI) of 34.87. The increased activity and price recovery are particularly noteworthy as they coincide with a positive general crypto market sentiment and a renewed interest in DeFi among investors in Oceania, including New Zealand, where retail and professional trading platforms offer easy access to DEEP across major international exchanges such as Binance and Bybit that are popular locally.
Recent protocol upgrade to DeepBook v3.1 promises improved performance and expanded feature-set for DeFi integrations.
The protocol’s new version was officially deployed this week and aims to enhance user experience by optimizing latency and order matching efficiency. This upgrade results in ultra-low settlement timings, supporting institutional-grade DeFi infrastructure. For New Zealand’s active DeFi user base—especially given the growing presence of Sui-powered solutions among local web3 developers—such improvements strengthen DeepBook’s case as the backbone of decentralized trading activity in the region.
Sustained ecosystem traction is highlighted by the protocol surpassing $8.8 billion in total trading volume since its October 2024 launch.
DeepBook’s cumulative volume and over 11.5 million unique users demonstrate significant global adoption and confidence in its infrastructure. The magnitude of these figures, achieved in less than eight months, speaks to both the scalability of the protocol and the growing appetite for on-chain order books, a trend also reflected in New Zealand’s dynamic and innovation-friendly fintech environment. This provides positive signals for regional stakeholders looking for robust and liquid DeFi rails.
A $21 million ecosystem grant was awarded to DeepBook to foster continued growth, developer engagement, and strategic partnerships.
This grant, secured in early June, is intended to fund integration initiatives and incentivize contributions from both local and international projects, including those from Asia-Pacific and, contextually, New Zealand’s vibrant web3 startup ecosystem. Such financial commitment not only ensures the longevity of protocol development but also opens opportunities for local companies to build or leverage DeepBook’s infrastructure, underpinning DeFi expansion in the region.
DeepBook’s integration across leading centralized and decentralized exchanges ensures strong accessibility and institutional exposure for New Zealand investors.
The protocol’s token (DEEP) is now readily available on top-tier platforms like Binance, Bybit, Gate.io, and KuCoin—exchanges widely accessed by New Zealand traders due to favourable regulatory frameworks and robust compliance standards. This accessibility, along with the availability of staking and professional yield opportunities via Sui-based protocols, anchors DeepBook’s relevance for funds, advisors, and sophisticated retail users in New Zealand’s increasingly crypto-forward financial landscape.
FAQ
What is the latest staking yield for DeepBook Protocol?
DeepBook Protocol does offer staking opportunities, mainly through DeFi protocols operating on the Sui blockchain. Yields can vary depending on the platform and pool, with the most prominent options found on Sui-based DEXs. Recent updates indicate rates are influenced by protocol upgrades and trading fee distributions, and rewards are typically paid in DEEP tokens. Some pools may have minimum lock-up periods or specific unbonding mechanisms, so always review the terms of your chosen platform before staking.
What is the forecast for DeepBook Protocol in 2025, 2026 and 2027?
Based on the current price of $0.154 USD (approximately NZ$0.25), projections are: around NZ$0.38 by end 2025, NZ$0.50 by end 2026, and NZ$0.75 by end 2027. As DeepBook Protocol is the native order book infrastructure on the fast-growing Sui ecosystem, its adoption continues to accelerate alongside rising DeFi volume. Recent upgrades and ecosystem grants strengthen its position, making DEEP a high-potential asset within next-generation DeFi infrastructure.
Is now a good time to buy DeepBook Protocol?
Market sentiment for DeepBook Protocol is currently optimistic, supported by strong adoption in the Sui DeFi ecosystem and technical improvements from recent updates. With rapidly growing user numbers, ongoing partnerships, and deep integration with major DeFi platforms, DEEP stands out as a core infrastructure play in decentralized trading. Positive price momentum and increasing liquidity add further appeal, though as always, it's important to consider both market potential and associated risks.
How are crypto gains like DeepBook Protocol taxed in New Zealand?
In New Zealand, profits from selling cryptocurrencies—including DeepBook Protocol—are typically treated as income if you trade with a profit-seeking intention or as part of a business. This income is taxable at your individual rate and must be declared on your annual tax return. There is no specific capital gains tax, but the IRD requires clear transaction records, and holding period does not exempt you from tax obligations. Always consult a local professional if unsure about your reporting duties.
What is the latest staking yield for DeepBook Protocol?
DeepBook Protocol does offer staking opportunities, mainly through DeFi protocols operating on the Sui blockchain. Yields can vary depending on the platform and pool, with the most prominent options found on Sui-based DEXs. Recent updates indicate rates are influenced by protocol upgrades and trading fee distributions, and rewards are typically paid in DEEP tokens. Some pools may have minimum lock-up periods or specific unbonding mechanisms, so always review the terms of your chosen platform before staking.
What is the forecast for DeepBook Protocol in 2025, 2026 and 2027?
Based on the current price of $0.154 USD (approximately NZ$0.25), projections are: around NZ$0.38 by end 2025, NZ$0.50 by end 2026, and NZ$0.75 by end 2027. As DeepBook Protocol is the native order book infrastructure on the fast-growing Sui ecosystem, its adoption continues to accelerate alongside rising DeFi volume. Recent upgrades and ecosystem grants strengthen its position, making DEEP a high-potential asset within next-generation DeFi infrastructure.
Is now a good time to buy DeepBook Protocol?
Market sentiment for DeepBook Protocol is currently optimistic, supported by strong adoption in the Sui DeFi ecosystem and technical improvements from recent updates. With rapidly growing user numbers, ongoing partnerships, and deep integration with major DeFi platforms, DEEP stands out as a core infrastructure play in decentralized trading. Positive price momentum and increasing liquidity add further appeal, though as always, it's important to consider both market potential and associated risks.
How are crypto gains like DeepBook Protocol taxed in New Zealand?
In New Zealand, profits from selling cryptocurrencies—including DeepBook Protocol—are typically treated as income if you trade with a profit-seeking intention or as part of a business. This income is taxable at your individual rate and must be declared on your annual tax return. There is no specific capital gains tax, but the IRD requires clear transaction records, and holding period does not exempt you from tax obligations. Always consult a local professional if unsure about your reporting duties.
